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$ 375,000
Est. payment | /mo
8 Beds
2 Baths
3,049 Sqft Lot
$ 375,000
Est. payment | /mo
8 Beds
2 Baths
3,049 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12807336
Bedrooms 8
Year Built 1903
Annual Tax Amount $4,635
Tax Year 2024
Lot Size 3,049 Sqft
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Househacking opportunity, live in one unit and rent the other out. This fully vacant West Woodlawn two flat has 4 bedrooms and 1 bath in each unit, a layout that is hard to find and easy to rent. The major expenses are already handled: a full tear off roof in 2025 and new water heaters in 2026. The second floor was most recently leased at $1,850 per month, below today's market for a 4 bedroom. The first floor is ready for your personal touch. With a 203k renovation loan, you can finance the purchase and the updates together. Ask about buyer assistance of up to $15,000 for qualified owner occupants. Want more room? Duplex the first floor down to the basement for a spacious owner's unit. Investors can update both units to bring in full market rent. The block is on the rise: new construction is underway at the end of the street, and 6430 S. Eberhart sold for $582,000 in January 2026. Minutes from the Obama Presidential Center, the University of Chicago and Lake Shore Drive. Vacant and easy to show, so schedule your private tour today.
Location
State IL
County Cook
Area Chi - Woodlawn
Rooms
Basement Finished, Full
Interior
Heating Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ramone Hankle of Exit Strategy Realty / EMA Management
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