Bought with Matricia Jackson of Keller Williams Preferred Rlty
$727,500
$745,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
SOLD DATE : 10/14/2025
Key Details
Sold Price $727,500
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12464172
Sold Date 10/14/25
Style Greystone
Bedrooms 8
Year Built 1892
Annual Tax Amount $4,658
Tax Year 2023
Lot Dimensions 25' X 125'
Property Sub-Type Two to Four Units
Property Description
$15,000 seller credit and a low interest rate! A Greystone rebuilt with permits in vibrant Woodlawn. This 2023 gut-rehab blends historic elegance with modern upgrades. Potential rental income of up to $6,000/month. With the seller's credits you can reduce your mortgage payment to around $4,000, offering up to a potential $2,000 in monthly profit. The property features tall ceilings, hardwood floors, and condo-quality finishes like quartz countertops, shaker cabinets, and stainless steel appliances. Each unit has in-unit laundry and oversized decks. The first-floor includes a 2 bed/1 bath setup and is duplexed down with $60K in structural basement enhancements, providing future living space potential. Updates include new electrical, plumbing, main water line, main sewer line, and a 2-car garage. Located steps from the 63rd Green Line, near the University of Chicago, and close to the Obama Presidential Center, Hyde Park, and the lakefront. A unique opportunity to own a turnkey multi-unit in one of Chicago's most dynamic neighborhoods.
Location
State IL
County Cook
Community Park, Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Unfinished, Bath/Stubbed, Full, Walk-Out Access
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Exterior Feature Balcony
Garage Spaces 2.0
View Y/N true
Roof Type Asphalt,Rubber
Building
Foundation Brick/Mortar, Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick,Stone
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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