6538 S Rhodes Ave Chicago, IL 60637
West Woodlawn NeighborhoodEstimated payment $4,826/month
Total Views
3,130
9
Beds
6
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Prime New Construction 3-Flat in Woodlawn - Investor Opportunity! Exceptional investment opportunity in booming Woodlawn! This brand-new construction 3-flat offers spacious 3-bedroom, 2-bathroom units, each boasting approximately 1,600 sq. ft. - larger than most comparable properties in the area. Designed for modern living, each unit features high-end finishes including European flat panel cabinetry, quartz countertops, luxury vinyl plank flooring, stainless steel appliances, and in-unit washer and dryer. High-efficiency furnaces ensure energy savings for tenants and owners alike. The building's sleek exterior with accent night lighting adds curb appeal, while the penthouse unit offers additional rental income potential or premium tenant attraction. Located just minutes from the upcoming Obama Presidential Center, Jackson Park, the University of Chicago, and major public transportation lines, this property is perfectly positioned for strong tenant demand and long-term appreciation. Turnkey investment with strong rental potential in one of Chicago's fastest-growing neighborhoods. Schedule a tour and add this high-performing asset to your portfolio today! Seller is a licensed real estate agent. Financing incentives available! Seller is offering closing cost credits, which can be used for interest rate buy-downs, prepaids, and more with a competitive offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,146
Year Built
- Built in 2025 | New Construction
Home Design
- Asphalt Roof
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 6 Bathrooms
Parking
- 3 Parking Spaces
- Off Alley Parking
- Parking Included in Price
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 3 Units
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,146 | $5,414 | $5,414 | -- |
| 2023 | $1,113 | $5,414 | $5,414 | -- |
| 2022 | $1,113 | $5,414 | $5,414 | $0 |
| 2021 | $1,089 | $5,413 | $5,413 | $0 |
| 2020 | $1,206 | $5,413 | $5,413 | $0 |
| 2019 | $1,088 | $5,413 | $5,413 | $0 |
| 2018 | $1,069 | $5,413 | $5,413 | $0 |
| 2017 | $1,026 | $4,764 | $4,764 | $0 |
| 2016 | $954 | $4,764 | $4,764 | $0 |
| 2015 | $873 | $4,764 | $4,764 | $0 |
| 2014 | $723 | $3,897 | $3,897 | $0 |
| 2013 | $709 | $3,897 | $3,897 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2025 08/16/25 | For Sale | $875,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $35,000 | None Listed On Document | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | -- | None Listed On Document | |
| Quit Claim Deed | -- | Chicago Title Insurance Co | |
| Deed | -- | Chicago Title Insurance Co | |
| Quit Claim Deed | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $575,361 | Construction | |
| Closed | $575,361 | Construction |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12447047
APN: 20-22-218-042-0000
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