
6360 S Greenwood Ave Chicago, IL 60637
Woodlawn NeighborhoodHighlights
- 6 Fireplaces
- Courtyard
- Storage Room
- Skylights
- Laundry Room
- 4-minute walk to Mamie Till-Mobley Park
About This Home
As of December 20246360-6362 South Greenwood Ave., is a rarely available and highly desired six (6) unit building, with center entrance walk-up located just outside of Hyde Park in Chicago's East Woodlawn neighborhood. The property is located minutes away from the prestigious University of Chicago and the construction site of the future Obama Presidential Library. This solid building is comprised of three (3) Bedrooms with two baths and three (3) 3 Bedrooms with 1.5 bath units. All units feature incredibly spacious layouts and with the 2nd & 3rd floor units include sunrooms. Building features updated boiler and hot water heater 2022), newer porches (2015). This is a great opportunity for an investor to acquire a highly desirable building in one of Chicago's best neighborhoods. . However, with most of the building's current rents are below current market levels, there is a tremendous amount of value to be added solely by stabilizing rents to area standards.
Last Agent to Sell the Property
City & Suburbs Realty, Inc. License #471012513 Listed on: 08/26/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,776
Year Built
- Built in 1884
Lot Details
- 7,350 Sq Ft Lot
- Lot Dimensions are 50 x 125
- Property fronts an alley
- Additional Parcels
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 9,873 Sq Ft Home
- 3-Story Property
- Skylights
- 6 Fireplaces
- Storage Room
- Laundry Room
Bedrooms and Bathrooms
- 18 Bedrooms
- 7 Bathrooms
Unfinished Basement
- Exterior Basement Entry
- Basement Storage
Utilities
- No Cooling
- Radiator
- Hot Water Heating System
- Heating System Uses Gas
- 100 Amp Service
Additional Features
- Accessible Entrance
- Courtyard
Listing and Financial Details
- Tenant pays for varies by tenant
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $420
- Fuel Expense $13,500
- Insurance Expense $11,259
- Maintenance Expense $5,100
- Trash Expense $2,244
- Water Sewer Expense $4,290
- Operating Expense $45,940
- Gross Income $83,772
- Net Operating Income $37,832
Similar Home in Chicago, IL
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/23/2024 12/23/24 | Sold | $630,000 | -21.2% | $64 / Sq Ft |
09/26/2024 09/26/24 | Pending | -- | -- | -- |
08/26/2024 08/26/24 | For Sale | $799,999 | -- | $81 / Sq Ft |
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2024
Conrad Carpenter
City & Suburbs Realty, Inc.
(312) 282-3017
1 in this area
11 Total Sales
-
Buyer's Agent in 2024
Michael Applegate
Straight-A Realty, LLC
(630) 288-2446
4 in this area
84 Total Sales
-
D
Buyer Co-Listing Agent in 2024
D'Andre Daye
eXp Realty
(888) 574-9405
3 in this area
62 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12110892

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