$874,900

Estimated payment $5,234/month

9 Beds
7 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Invest in Woodlawn: A Prime Opportunity! This meticulously maintained, three-unit building presents a rare chance for investment-minded buyers to capitalize on the explosive growth of Chicago's Woodlawn community. With all three units boasting a 3-bedroom, 2-bathroom layout, this property is designed for high-end rental income and long-term appreciation. Unmatched Location and Upside Potential. Situated just steps from the scenic Jackson Park and Chicago's lakefront, this property is at the epicenter of a multi-billion dollar neighborhood transformation. The future Obama Presidential Center, a few short blocks away, is attract new development, residents and businesses. Brand new 8 Unit building underway accross the street. The surrounding area offers an incredible quality of life, with seamless access to Dusable Lake Shore Drive, the lakefront recreation trail, the renowned Jackson Park Golf Course, Beach and Harbor. Residents also enjoy the convenience of being just minutes from Hyde Park's vibrant shopping and entertainment. Condo-Quality Construction and Desirable Features, building was renovated approximately ten years ago. All major systems, including plumbing, electrical, HVAC, and tuckpointing, were replaced, ensuring lower maintenance and peace of mind for an owner. Details like exposed brick add character and charm while reducing upkeep. Each of the three spacious units features condo-style layouts, with the first-floor unit set up as a duplex-down, providing even more living space. Attract tenants seeking a premium living experience. An excellent strategic investment in a community on the rise. With its prime location, high-quality construction, and proximity to the Obama Center, this property is poised for significant returns. Don't miss this opportunity to own a piece of Woodlawn's future.

Listing Agent

Derek Walvoord

Exit Strategy Realty / EMA Management License #475193959 Listed on: 10/29/2025

Co-Listing Agent

Wayne Beals

Exit Strategy Realty / EMA Management License #471018068

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,750

Year Built

  • Built in 1928 | Remodeled in 2015

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 7 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x125

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,750

Year Built

Built in 1928 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • Rebuilt Year: 2015
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 7
  • Total Bedrooms: 9
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Lot Info

  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7750
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- -- -- --
2023 -- -- -- --
2022 -- -- -- --
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2025 10/29/25 For Sale $874,900 0.0% --
09/18/2025 09/18/25 For Sale $874,900 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12455293

Midwest Real Estate Data (MRED)

APN: 20-23-226-022-0000