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In-PersonVirtual Tour
$ 300,000
Est. payment | /mo
6 Beds
2 Baths
$ 300,000
Est. payment | /mo
6 Beds
2 Baths
Open House
Sat Nov 14, 2:00am - 3:30pm
Sat Nov 14, 2:00pm - 3:30pm
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12807019
Bedrooms 6
Year Built 1908
Annual Tax Amount $6,812
Tax Year 2025
Lot Dimensions 3050 SQ FT
Property Sub-Type Two to Four Units
Property Description
Brick 2-Unit Investment in Woodlawn: Short Sale Well-maintained brick 2-flat in Woodlawn with strong rental income potential. The building is vacant and ready for your plan, with an estimated after-repair value around $450,000 (estimate only, not guaranteed). The property needs basement repairs for mold remediation, which makes it a strong value-add opportunity for a quick flip or a long-term rental hold. UPDATES AND FEATURES - Newer roof - Good windows - Newer hot water tanks - Granite countertops throughout - Unit 1 (1st floor): laminate floors on the main level, ceramic tile on the lower level, and updated appliances - Unit 1 is duplexed down: bedroom, family room, laundry room, office, storage, and a play area, plus a walk-out basement - Unit 2: hardwood floors throughout - Back porch and yard with plenty of space to enjoy the outdoors LOCATION Close to Jackson Park, Hyde Park, the Dan Ryan Expressway, and public transportation, in an emerging, growing neighborhood. Property is subject to a short sale (lender approval required). Sold as-is. Buyer to verify all details, including condition and repair scope. Take a look at this investment.
Location
State IL
County Cook
Area Chi - Woodlawn
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Heating Gas
Fireplace N
Exterior
Exterior Feature Balcony, Breezeway
Roof Type Rubber,Flat
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany, Short Sale
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Daryl Brewer of Coldwell Banker Realty