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$ 325,000
Est. payment /mo
New
6510 S Rhodes AVE Chicago, IL 60637
5 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12410057
Bedrooms 5
Year Built 1898
Annual Tax Amount $3,618
Tax Year 2023
Lot Dimensions 25 X 125
Property Sub-Type Two to Four Units
Property Description
Turnkey Greystone with Additional Lot - Prime West Woodlawn Investment Discover a rare opportunity to own a beautifully kept two-unit Greystone with endless income potential in the fast-growing West Woodlawn community. Ideally located near the University of Chicago, this property offers convenience, stability, and growth for seasoned investors and first-time buyers alike. The first-floor unit offers 2 bedrooms and 1 bath, currently vacant and ready for immediate occupancy. The second-floor unit features 3 bedrooms and 1 bath, occupied by a long-term tenant providing instant cash flow. Each unit has separate utilities. Additional features include a two-car garage for parking or extra rental income, along with an additional lot perfect for expansion, outdoor living, or future development. This property sits on a well-maintained block surrounded by neighborhood pride. With strong rental demand from students, staff, and faculty, plus the potential for University of Chicago employee housing incentives, this is a smart and secure addition to your portfolio. Whether you're looking to live in one unit while your tenant helps cover the mortgage or rent out both for maximum returns, this is a true turnkey opportunity in one of Chicago's most dynamic neighborhoods. Schedule your private tour today!
Location
State IL
County Cook
Area Chi - Woodlawn
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Brick,Stone, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick,Stone
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kristen Roussev • Village Realty, Inc.
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