$172,000

beds

baths

(Address confidential)

Chicago, Illinois 60637

Closed / MLS #12509408 / Multiple Unit (2-4) / Woodlawn

Listing information updated 1/7/2026 at 6:03pm

PRIME AS-IS REHAB OPPORTUNITY: High-Density Woodlawn Two-Flat Full Gut Renovation needed. Located in a core Woodlawn corridor experiencing massive investment and value appreciation, this two-unit building is ready for a complete transformation. Offered strictly AS IS, this property is an ideal project for seasoned developers and investors looking for significant upside. Key Value Drivers: RM-5 Zoning: Offers excellent density potential for vertical or unit expansion. Architectural Foundation: Features attractive Iron Spot Brick exterior and generous existing unit sizes. Expansion Potential: A full basement provides a valuable footprint for potential garden unit, duplex unit or additional living space. Please consult a zoning expert to confirm your desired use is allowed. Premium Location: Highly walkable to the University of Chicago, Green Line train, Washington Park, The Midway, and the local Jewel-Osco, ensuring tenant demand is exceptionally high. Seize the chance to create beautiful rental workforce housing in a premier growth neighborhood.

Full Features

Exterior Type:

Brick

Basement:

Unfinished,Full

Beds Above Grade:

Heating System:

None

Pool:

Age:

100+ Years

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Taxes & Assessments

Tax Amount:

$3,388

Tax Year:

2023

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

Exterior Type:

Brick

Basement:

Unfinished,Full

Beds Above Grade:

Heating System:

None

Pool:

Age:

100+ Years

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Tax Amount:

$3,388

Tax Year:

2023

Zip Code:

60637

City:

Chicago

County:

Cook

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Exit Strategy Realty / EMA Management

Listing Office Phone: 312.767.0572

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 1/7/2026 at 6:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

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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Average Sale Price

Average Days On The Market

96%

Sales Prices VS. List Price

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