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Closed

$430,000

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beds

baths

6217 S Rhodes Avenue

Chicago, Illinois 60637

Closed / MLS #10778275 / Multiple Unit (2-4) / Woodlawn

Listing information updated 10/2/2020 at 11:43am

You've found your perfect investment property at 6217 S. Rhodes. Located on the historical Lorraine Hansberry side of the sought-after Woodlawn neighborhood. Woodlawn is a great neighborhood to invest in, with the city continuing in backing local infrastructure improvements, properties are appreciating at record rates. This cash flowing building has already had $200,000 in renovation work done for you back in 2016. Low maintenance cash cow bringing in nearly $46,000 annually. Updated with permitted 200 amp electrical service to the building. Spacious 3 bedroom 1 Bath units with hardwood floors throughout and in-unit laundry in each unit. Private parking in the back of the building for two cars or easy street parking. Massive back decks on each above grade apartment. The building was tuckpointed, back exterior porch was rebuilt to the new ordinance, windows were installed, and plumbing was updated in 2016. Close proximity to the brand new 63rd street CTA station and University of Chicago. Beautiful Jewel-Osco only 7 minutes away, many improvements to Woodlawn's infrastructure are happening now along with pending construction of the Obama Presidential Center. Zoning is RM-5, which allows for up to 6 apartments on this parcel of land with proper filing with the city. Building is fully occupied, please do not disturb the current tenants. Call now & Make an offer!

Full Features

Architecture Style:

Brownstone

Exterior Type:

Brick

Basement:

Finished,Exterior Access

Beds Above Grade:

Heating System:

Gas, Radiators

Pool:

Age:

100+ Years

Roof Type:

Flat Roof

Parking Type:

Space/s

Parking Spaces:

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Taxes & Assessments

Tax Amount:

$3,717

Tax Year:

2019

Location

Zip Code:

60637

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Woodlawn, IL

Currently in the midst of a major revival, Woodlawn is finally getting the attention it deserves. The South Side neighborhood boasts a prime location near the lake and is surrounded by beautiful parks including Washington Park and Jackson Park, home to the largest and oldest beach house in the city....

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CTA

Green line at King Drive

CTA

Red line at 63rd

$328,588

Average Sale Price

111

Average Days On The Market

95%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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6217 S Rhodes Avenue is a multiple unit (2-4) which sold for $430,000. 6217 S Rhodes Avenue features 9 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties since July 25th, 2020 and was built in 1910. The nearest transit stops include King Drive CTA Green line.