6402 S Greenwood Avenue
Chicago, Illinois 60637

New / MLS #12582166 / Multiple Unit (2-4) / Woodlawn
Listing information updated 3/12/2026 at 3:23pm
RARE WOODLAWN 3-FLAT Greystone with EXCEPTIONAL unit sizes & STABILIZED PREMIUM cash flow. Strategically located just steps from the Obama Presidential Center, slated for its grand opening in June 2026. This is a turn-key, high-performing asset in the heart of one of Chicago's most high-growth corridors. INVESTMENT HIGHLIGHTS: FULLY OCCUPIED: The building is now fully leased, featuring top-of-market rents and a proven track record of immediate income. INCREASED PERFORMANCE: Cash flow has been significantly optimized with the recent leasing of the top floor at a premium rate. THE STANDOUT: Massive first-floor duplex unit-significantly larger than typical Woodlawn conversions-commanding superior rent. RECENT CAPITAL IMPROVEMENTS: Meticulously maintained with extensive upgrades ensuring low-maintenance ownership: Unit 3: Fully updated with new floors, paint, trim, kitchen, and bathroom. Plumbing: Full overhaul including a Copper Water Supply Line upgrade (2024)-entirely eliminating lead piping. Laundry: Completely renovated basement laundry area. Common Areas: Freshly painted foyer and common spaces. Mechanicals: All systems are operational and professionally maintained. LOCATION ADVANTAGES: Unbeatable proximity to major demand drivers: Walking distance to UChicago Main Campus, UChicago Law School, and UChicago Medical Center. Residents enjoy easy access to the Lakefront and the upcoming Obama Presidential Center, ensuring a never-ending pipeline of high-quality tenant prospects. CONDITION: This is NOT a rehab project. It is a stabilized, turn-key investment. Your client can close and begin collecting premium rental income on day one. Includes a detached garage.

Listing Office: Keller Williams ONEChicago

Listing Office Phone: 312.216.2422

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6402 S Greenwood Avenue, Chicago, IL 60637 is a multiple unit (2-4) currently listed at $759,000. 6402 S Greenwood Avenue features 10 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since March 12th, 2026 and was built in 1900. The nearest transit stops include Cottage Grove CTA Green line and 63rd St Metra Metra Metra Electric Main Branch line.