NOT LISTED FOR SALE

6621 S Ingleside Ave Chicago, IL 60637

Woodlawn Neighborhood
12 Beds
12 Baths
7,530 Sq Ft
6,257 Sq Ft Lot Lot

Sale Details

Date Sold: September 10, 2025

Last sale price $1,070,000 $142 Per Sq Ft

97 Days on Market

About This Home

As of September 2025

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.

Last Agent to Sell the Property

Paul Crump

Anchor Real Estate, Inc. License #471008887 Listed on: 04/18/2025

Last Buyer's Agent

Earick Rayburn

Rayburn Realty Group INC License #471014672

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

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat, hot water

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,104

Year Built

Built in 2007

Lot Details

6,257 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Condo/Townhouse
  • Stories: 3
  • Year Built: 2007
  • Built Before 1978 (Y/N): No
  • Information: 48-Hr Notice Required
  • Estimated Age: 16-25 Years
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 6
  • Possible Use: Multi-Family
  • Fireplaces: 6
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 6
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Stone
  • Foundation Details: Concrete Perimeter
  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Electric: Service - 201 to 600 Amps
  • Heat/Ventilation: Forced Air,Gas

Fee Information

  • Trash Expense: 4248
  • Water Sewer Expenses: 7000

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50X125
  • Lot Size Sq Ft: 6257
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 7530

Multi Family

  • Net Operating Income: 85021
  • Insurance Expense: 3500
  • ElectricExpense: 650
  • GrossIncome: 119160
  • Maintenance Expense: 3000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 34139
  • Type Multi-Family: Condo/Townhouse

Tax Info

  • Tax Annual Amount: 13104
  • Tax Year: 2023
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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 List to Sale Price per Sq Ft Prior Sale
09/10/2025 09/10/25 Sold $1,070,000 -2.6% $142 / Sq Ft
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% -- View Prior Sale
01/09/2017 01/09/17 Pending -- -- --
10/16/2016 10/16/16 For Sale $300,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $13,104 $90,274 $7,821 $82,453
2024 $13,104 $90,274 $7,821 $82,453
2023 $13,163 $61,886 $7,821 $54,065
2022 $13,163 $64,000 $7,821 $56,179
2021 $12,870 $63,999 $7,821 $56,178
2020 $6,725 $30,187 $6,882 $23,305
2019 $6,815 $33,918 $6,882 $27,036
2018 $6,700 $33,918 $6,882 $27,036
2017 $2,262 $10,507 $6,257 $4,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12341752

Midwest Real Estate Data (MRED)
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