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$789,900
Est. payment /mo
10 Beds
4 Baths
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12538935
Bedrooms 10
Year Built 1900
Annual Tax Amount $11,487
Tax Year 2024
Lot Size 3,484 Sqft
Lot Dimensions 25X148
Property Sub-Type Two to Four Units
Property Description
RARE WOODLAWN 3-FLAT Greystone with EXCEPTIONAL unit sizes & PREMIUM cash flow. Meticulously maintained by current owner with extensive recent upgrades including COMPLETELY RENOVATED laundry area & full plumbing overhaul. THE STANDOUT: Massive duplex unit (1st floor) - SIGNIFICANTLY LARGER than typical Woodlawn 3-flat conversions. Currently commanding TOP-OF-MARKET rent - PROVEN income, not projections. CURRENT PERFORMANCE: Strong existing cash flow with TWO occupied units. FULLY OCCUPIED PRO FORMA: Substantial income potential with significant upside. LOCATION ADVANTAGES: Walking distance to UChicago Main Campus, UChicago Law School, UChicago Medical Center, Obama Presidential Center & Lakefront. Never-ending pipeline of tenant prospects. CONDITION: Turn-key investment property. Recent capital improvements include upgraded HVAC, roof, plumbing systems, electrical, and professional-grade laundry facilities. All mechanicals maintained, all systems operational. This is NOT a rehab project - your client can close and collect rent immediately. TOTAL BUILDING: Large square footage | Multiple bedrooms/baths | Detached garage UNIT BREAKDOWN: Unit 1 (Duplex): EXCEPTIONAL size - oversized layout commanding premium rent Unit 2: Currently occupied at market rate Unit 3: Market ready for immediate occupancy FULL DETAILS, INTERIOR PHOTOS & PRICING attached.
Location
State IL
County Cook
Area Chi - Woodlawn
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 130 , 130, 130
Others
Ownership Fee Simple
Special Listing Condition None
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Brittany Ramsey of Keller Williams ONEChicago
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