63 E 56th St Chicago, IL 60637
Washington Park NeighborhoodEstimated payment $3,285/month
About This Home
Exceptional Greystone opportunity in Chicago's evolving Washington Park community-ideal for investors and owner-occupants seeking versatility and long-term value. This property features a finished basement with a private 1-bedroom, 1-bathroom mother-in-law suite complete with a full kitchen, creating the perfect setup for multi-generational living, guest accommodations, or potential rental income. Laundry room with coin operated machines. Positioned in a prime South Side location, the property offers convenient access to Washington Park, Hyde Park, the University of Chicago, and the growing cultural and economic corridor surrounding the area. Residents enjoy proximity to shopping, dining, parks, and public transportation, along with easy access to major expressways for a quick commute throughout the city. For investors, the additional living space provides income-generating potential and flexible use options, making this a compelling addition to a rental portfolio or a smart house-hack opportunity. Ideal for multi-generational living or rental income.Located near Washington Park and the University of Chicago.Close to public transportation and major expressways.Strong investment and value-add potential.A rare opportunity to own a property that combines location, flexibility, and investment potential in one of Chicago's historic and steadily developing neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,362
Year Built
- Built in 1894 | Remodeled in 2007
Parking
- 2 Car Detached Garage
- Parking Available
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 4 Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Additional Features
- Lot Dimensions are 25 x 102
- Heating System Uses Natural Gas
Community Details
- 3 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/08/2026 03/08/26 | For Sale | $599,999 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12586649
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Ask me questions while you tour the home.