$560,000
$80K PRICE DROP PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Estimated payment $3,310/month

Total Views 2,557
9 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Fully Renovated 3-Unit Property in Woodlawn - Steps from New Development. Don't miss this opportunity to own a recently rehabbed 3-unit building in the heart of Woodlawn, just above 63rd Street. Located on a quiet, residential block surrounded by ongoing development and investment, including the transformative Obama Presidential Center nearby. Each unit was fully renovated in 2023, featuring brand-new plumbing, electrical systems, and HVAC (heating and cooling). The property will be delivered with two occupied units (tenants current on rent) and one vacant unit, ideal for owner-occupants or investors seeking immediate cash flow with room for upside. All units offer spacious layouts and modern finishes, making this a truly turnkey investment in one of Chicago's fastest-growing neighborhoods.

Listing Agent

Tamara Verdin

Prello Realty License #475196270 Listed on: 06/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,388

Year Renovated

  • 2023

Parking

  • 3 Parking Spaces

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Fiske Elementary School
  • Hyde Park Career Academy Senior High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $5,525
  • Net Operating Income $5,525

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,388

Year Renovated

2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Disposal
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Disposal
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Disposal

Exterior Features

  • Construction Materials: Brick
  • List Price: 560000
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Elementary School: Fiske Elementary School
  • High School: Hyde Park Career Academy Senior
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3600
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 5525
  • GrossIncome: 5525
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,3 Flat

Tax Info

  • Tax Annual Amount: 3387.92
  • Tax Year: 2023
  • Tax Exemptions: None

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

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $560,000 -12.5% --
06/10/2025 06/10/25 For Sale $640,000 +300.0% --
07/10/2023 07/10/23 Sold $160,000 +0.1% --
05/19/2023 05/19/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $159,900 0.0% --
05/15/2023 05/15/23 For Sale $159,900 0.0% --
05/02/2023 05/02/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $159,900 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12388691

Midwest Real Estate Data (MRED)