$575,000

Estimated payment $3,362/month

Total Views 3,483
7 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Gated Community
  • Property is near a park
  • Forced Air Heating System
  • Deck
  • Balcony
  • 2 Car Garage

About This Home

Woodlawn is one of Chicago's hottest neighborhoods, and it is only going to get hotter as The Obama Presidential Library gets slated for completion in 2026! This all brick, legal 2-unit building is very well-maintained and it is in an excellent location! This property has two solid strategies. First, you can live in one unit and rent out the other unit; and, in the future, you can even create a third unit in the basement. Second, you can just keep the entire building as an investment property! The first floor unit consists of three bedrooms and a bathroom. The second floor unit consists of four bedrooms and a bathroom. Both of these units feature large windows for that bright sunlight exposure and both units are accentuated with tall ceilings, real hardwood floors (and not luxury vinyl flooring), a pretty light gray wall color, a functional floor plan and an in-unit washer and dryer. The kitchens are equally amazing with their white, shaker style kitchen cabinets, their perfectly selected granite countertops and their pristine stainless steel appliances. You will love each unit! Equally important, this beautiful building is close to it all: walking distance to The University of Chicago, Washington Park, Jackson Park, The Obama Library, Jewel, transportation and Robust Coffee. It is a must see. It is a true armchair investment. A 10!

Listing Agent

Peter Drossos

Peter Drossos Real Estate License #471010251 Listed on: 06/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,247

Year Built

  • Built in 1911

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 25 x 125

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near a park

Community Details

  • 2 Units
  • Gross Income $37,800
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,247

Year Built

Built in 1911

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Year Built: 1911
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 7
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Hardwood Floors

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 575000
  • OtherStructures: Garage(s)
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Gated, Sidewalks, Street Lights
  • Conversion YN: N

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 37800
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2246.82
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $575,000 +73.5% --
05/20/2022 05/20/22 Sold $331,500 -5.3% --
03/16/2022 03/16/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $350,000 -- --
Source: Midwest Real Estate Data (MRED)

Similar Homes in Chicago, IL

  • 6331 S Throop St, Chicago, IL 60636

    $499,000

    • 9 Beds
    • 6 Baths
    • 6331 S Throop St
    • Chicago, IL

    Well-maintained 4-unit building with all units recently updated. Great opportunity to live in one unit and rent the others, or add to your investment portfolio. Exterior improvements include new windows and some tuckpointing. Each unit features updated kitchens with granite countertops, hardwood floors, new doors and trim, and modern bathrooms with ceramic tile. Freshly painted throughout. A

    David Hernandez Coldwell Banker Realty

    Section Image
  • 5208 S Paulina St, Chicago, IL 60609

    $529,000

    • 9 Beds
    • 6 Baths
    • 5208 S Paulina St
    • Chicago, IL

    Incredible investment property featuring 3 apartments plus basement fully rehabbed with permitted work. Property offers not just a home but a wise investment for your future!. Highlights include new furnaces for each unit, new water heaters , new kitchen cabinets and appliances, remodeled bathrooms, new floors and new porch. It presents occupant/investor with the opportunity to take hold of a

    Bill Eliopoulos Cosmos Realty Investors, Inc.

    Section Image
  • 2236 W Monroe St, Chicago, IL 60612

    $615,000

    • 6 Beds
    • 3 Baths
    • 2236 W Monroe St
    • Chicago, IL

    LOCATION, LOCATION, LOCATION: SOLID Brick Unique Oversized Multi Units in The very desirable United Center Neighborhood. Each unit boasts 3 large bed rooms. First floor unit duplexed down to full basement; offers 2 full baths, a large kitchen w pantry and heated enclosed porch room. First bedroom feature a Jack and Jill bath. Tall Ceilings with plenty of windows & naural light throughout.

    Gloria Spencer Baker-Spencer Realty, LLC

    Section Image
  • 5443 S Nottingham Ave, Chicago, IL 60638

    $509,000

    • 5 Beds
    • 3 Baths
    • 5443 S Nottingham Ave
    • Chicago, IL

    DESIREABLE GARFIELD RIDGE. LEGAL 2 UNIT. 3 BEDROOM 1ST FLOOR. 2 BEDROOMS ON 2ND FLOOR. TOTAL 3 BATHROOMS WITH BATHROOM IN BASEMENT. BASEMNT IS FINISHED AND HAS KITCHEN. GREAT FOR FAMILY ENTERTAINMENT OR STORAGE. NEWER GARAGE WITH PARTY DOOR TO FENCED BACKYARD. CLOSE TO SCHOOLS, SHOPPING., TRANSPORTATION, & AIRPORT.HOUSE IS BEING SOLD AS IS BUT HAS GREAT BONES. CALL AND MAKE YOUR APPOINTMENT.

    John Wanda Century 21 Circle

    Section Image
  • 5426 W Jackson Blvd, Chicago, IL 60644

    $550,000

    • 6 Beds
    • 4 Baths
    • 5426 W Jackson Blvd
    • Chicago, IL

    WELCOME! Secure your next income property today! Check Out This Versatile 2-Unit Property now available for sale in Chicago, Austin Area with Income Potential while you live in one unit and rent the other. But... wait, you still have great potential to create a 3rd unit in the basement creating more income while also adding more value to the property. Perfect for homeowners looking for

    Camille Harris Coldwell Banker Realty

    Section Image
  • 2014 N Western Ave, Chicago, IL 60647

    $579,900

    • 6 Beds
    • 3 Baths
    • 2014 N Western Ave
    • Chicago, IL

    Rare two-flat with in-law unit in prime Chicago location! Situated on B3-2 zoning, this property offers excellent redevelopment potential-whether as a retail storefront with residential units above or other mixed-use possibilities. Property is in need of TLC and is priced accordingly. Home has been professionally appraised and will be sold as-is. Excellent access to I-90/94, the Blue Line, and

    Karina Hiselman Compass

    Section Image
  • 4109 W Oakdale Ave, Chicago, IL 60641

    $644,900

    • 6 Beds
    • 3 Baths
    • 4109 W Oakdale Ave
    • Chicago, IL

    This all-brick, 2-unit building presents a prime investment opportunity! First floor and garden unit are rented on a month-to-month basis, offering flexibility. The property includes a 2-car garage plus an additional outdoor parking space. 2nd floor has its own laundry in unit and there is coin laundry for 1st floor and garden units. Total monthly rent of $5,100. HOME UPDATES include: 2nd floor

    Rafay Qamar Real Broker LLC

    Section Image
  • 4925 W Cullom Ave, Chicago, IL 60641

    $580,000

    • 6 Beds
    • 3 Baths
    • 4925 W Cullom Ave
    • Chicago, IL

    Welcome to 4925 W Cullom in Portage Park! Charming and well-maintained, this classic brick two-flat offers generous living space, vintage charm, and excellent investment potential in one of Chicago's most sought-after neighborhoods. Both units feature hardwood floors, ceramic tile, enclosed back porches, and bright, open layouts that create a warm and inviting atmosphere. Remodeled in 2003, each

    Leticia Jimenez @properties Christie's International Real Estate

    Section Image
  • 6604 S Langley Ave, Chicago, IL 60637

    $595,000

    • 5 Beds
    • 4 Baths
    • 6604 S Langley Ave
    • Chicago, IL

    Welcome to Woodlawn! This beautifully renovated grey stone building offers the perfect blend of classic charm and modern living. The property features two thoughtfully designed units, making it ideal for a multi-generational setup, rental income, or as a spacious primary residence. The building has been equipped with all new mechanicals, roof and windows. The first unit is a stunning duplex-up,

    Teneshia Brass Premier Midwest Realty, INC

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12404675

Midwest Real Estate Data (MRED)