
6621 S Ingleside Ave Chicago, IL 60637
Woodlawn NeighborhoodEstimated payment $7,110/month
About This Home
Exceptional 6-Unit Building in Prime Woodlawn Location - Steps from UChicago & the Obama Library Discover an outstanding investment opportunity in this newer construction 6-flat, featuring spacious 2-bedroom, 2-bathroom units in the heart of rapidly developing Woodlawn. Just blocks from the University of Chicago and the future Obama Presidential Center, this property combines prime location with modern comfort and strong financial performance. Each unit offers: *Gourmet kitchens with granite countertops and stainless steel appliances *Luxurious primary bathrooms with jacuzzi tubs, double vanities, and separate glass showers *Beautiful hardwood floors throughout *Front and rear balconies for outdoor enjoyment *Cozy fireplaces with custom built-in shelving *In-unit laundry, individual HVAC systems, and separate hot water tanks for optimal efficiency and tenant comfort *Additional highlights include secure gated parking, low-maintenance construction, and excellent cash flow. This is a rare chance to acquire a turnkey property with unmatched quality, ideal tenant appeal, and long-term upside in one of Chicago's fastest-growing neighborhoods. Broker/Agent Owned.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,104
Year Built
- Built in 2007
Lot Details
- 6,257 Sq Ft Lot
- Lot Dimensions are 50x125
- Additional Parcels
Home Design
- Brick Exterior Construction
- Composition Roof
- Stone Siding
- Concrete Perimeter Foundation
Interior Spaces
- 7,530 Sq Ft Home
- 3-Story Property
- 6 Fireplaces
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 200+ Amp Service
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $650
- Insurance Expense $3,500
- Maintenance Expense $3,000
- Other Expense $1,520
- Trash Expense $4,248
- Water Sewer Expense $7,000
- Operating Expense $34,139
- Gross Income $119,160
- Net Operating Income $85,021
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/24/2025 07/24/25 | Pending | -- | -- | -- |
07/04/2025 07/04/25 | For Sale | $1,099,000 | 0.0% | $146 / Sq Ft |
05/13/2025 05/13/25 | Pending | -- | -- | -- |
04/18/2025 04/18/25 | For Sale | $1,099,000 | +181.8% | $146 / Sq Ft |
03/17/2017 03/17/17 | Sold | $390,000 | +30.0% | -- |
01/09/2017 01/09/17 | Pending | -- | -- | -- |
10/16/2016 10/16/16 | For Sale | $300,000 | -- | -- |
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Source: Midwest Real Estate Data (MRED)
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