Properties

Features
: Forced Air , Natural Gas
: Partial
: Deck , Storms/Screens
: Public Sewer
: American 4-Sq.
Address Map
US
IL
Cook
Chicago
60637
Rhodes
6121
Avenue
W88° 23' 17.4''
N41° 47' 0.6''
South on Cottage Grove to E 60th St, West on E 60th St to S Rhodes, South on Rhodes to property.
CHI - Woodlawn
S
Neighborhood
299
299
299
Additional Information
: Gated , Park , Curbs , Street Paved , Sidewalks , Street Lights
: Concrete Perimeter
2.5
: Common Grounds
30X125
https://www.youtube.com/embed/_ZJq Klbw SH0
: Public
Coldwell Banker Realty
Sybil Martin
Financial
3387.92
Listing Information
Paulette Edwards
107531
12293
Coldwell Banker Realty
117948
12293
Temporarily No Showings
2024-09-24T14:11:01Z
MRED
: List Broker Must Accompany
2024-09-24T14:10:34Z
Property Description

Discover this exceptional 4-unit property located in the up-and-coming Woodlawn neighborhood. This building boasts two fully rehabbed units and two spacious units in need of rehab, providing a fantastic opportunity for investors or homebuyers looking to personalize their space and make additional income. Each unit features ample living space, with the potential to convert three of the units into 3-bedroom apartments, maximizing rental income. The units offer generously sized bedrooms, a sunroom off the living room, and a back deck off the kitchen, perfect for entertaining guests. Additionally, the property includes a 2.5 car garage, enhancing its appeal to a homebuyer looking for a primary residence. Whether you’re an investor seeking a high-potential rental property or a homeowner aiming to live in one unit and rent out the others, this building caters to diverse needs. There’s even the potential to generate additional income through Airbnb, with potential earnings ranging from $2,000 to $3,000 per month. After completing the rehab of the remaining two units, the after-repair value (ARV) of this property is estimated to be $820,000. Situated just steps from the University of Chicago Law School, Jewel-Osco, the upcoming Obama Presidential Center, and the vibrant lakefront, this property is ideally positioned to enjoy the best of community, connectivity, and convenience. Don’t miss out on this prime opportunity to invest in a rapidly developing area. Contact us today to schedule a viewing and explore the endless possibilities this property offers. (SHOWINGS BEGIN 8/11/2024)

Residential Income For Sale

6121 S Rhodes Avenue, Chicago, Illinois 60637

  • Bedrooms : 8
  • Bathrooms : 5
$659,000
Listing ID#12129768
QR Code
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 12129768
Price : $659,000
Bedrooms : 8
Rooms : 30
Bathrooms : 5
Year Built : 1908
Listing Status : Hold
Roof : Asphalt
Contact Agent