$650,000

beds

baths

6500 S Dorchester Avenue

Chicago, Illinois 60637

Name: 6500 S Dorchester Avenue, Chicago, IL 60637
Price: 650000 USD
Availability: InStock

New / MLS #12627094 / Multiple Unit (2-4) / Woodlawn

Listing information updated 5/2/2026 at 6:04am

Rarely does an opportunity like this come along at this price point. Priced at $650,000, this 3-unit sits just steps from the future Obama Presidential Center and near the rapidly transforming 63rd Street corridor. The $800M Woodlawn Central development, an 8-acre mixed-use project, is expected to bring a hotel, theater, technology center, retail, restaurants, residential towers, and a vertical farm to the neighborhood. Each unit features a generously sized primary bedroom with en-suite bath, a private balcony, and a cozy fireplace in the living room. With two units vacant, you have immediate flexibility to set market rents or design your ideal living setup. This property offers a clear value-add opportunity for buyers looking to build equity in a rapidly appreciating market. Live in one unit while generating rental income from the others, or hold as a long-term investment in one of Chicago's most closely watched growth corridors. Each unit has its own PIN, offering a potential path to future condo conversion. Gated rear parking for three vehicles and tenant-paid utilities add to the appeal. Conveniently located near Mt. Carmel High School and the Metra line. Sold as-is.

See it in person

Open House

11:00am - 3:00pm Sunday, May 3rd, 2026 5/3/26

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Full Features

Exterior Type:

Aluminum Siding,Brick

Basement:

Unfinished,Crawl Space,Partial

Beds Above Grade:

Heating System:

Natural Gas

Pool:

Age:

100+ Years

Parking Type:

Yes,Owned

Parking Spaces:

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Standard Chicago Lot

Acreage:

0.09

Taxes & Assessments

Tax Amount:

$9,615

Tax Year:

2024

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:

Aluminum Siding,Brick

Basement:

Unfinished,Crawl Space,Partial

Beds Above Grade:

Heating System:

Natural Gas

Pool:

Age:

100+ Years

Parking Type:

Yes,Owned

Parking Spaces:

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Standard Chicago Lot

Acreage:

0.09

Tax Amount:

$9,615

Tax Year:

2024

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: Jason Mitchell Real Estate IL

Listing Office Phone: 708.917.6640

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 5/2/2026 at 6:04am. 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.

6500 S Dorchester Avenue

Chicago, Illinois 60637