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  • $120,000

    6618 S Rhodes Ave, Chicago, IL 60637

    6beds
    --sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $253,100 Zestimate®
    $--/sqft
    $1,697 Estimated rent

    Home value

    $253,100

    $185,000 - $326,000

    $1,697/mo

    Zestimate® history
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    $706/mo

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    What's special

    Located in the hotter then hot Woodlawn community where inventory is limited this all brick two unit offers a buyer with vision unlimited upside where so much potential awaits! The building has had work started and is currently to the studs, which means this is a blank canvas for an investor with vision! Each unit offers a great footprint, large living rooms in each unit, space for formal dining room, three bedrooms are already roughed out and plumbing has been ran. The basement is unfinished and has access through the first floor which allows for the first floor unit to be potentially duplexed into the basement for a larger first floor unit! Renovate the building, build equity and rent out while creating a passive income flow or move in one unit and rent the other one out, either way this is a win win with huge upside! Woodlawn community is on fire with the Obama library being built not far from this asset, close to Jackson Park, Close to the University of Chicago and much more this community is going to see values continue to rise and this is your opportunity to get in at a value!! There are building violations with the City of Chicago which buyer will be assuming and taking subject to

    Zillow last checked: 8 hours ago

    Listing updated: June 05, 2023 at 08:20am

    Listing courtesy of:

    Ryan Smith 708-497-2538,

    RE/MAX Properties

    Bought with:

    James Dean Peters

    American National Realty LLC

    Source: MRED as distributed by MLS GRID,MLS#: 11485218MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Full

    Property

    Lot
    • Size: 3,125 sqft
    • Dimensions: 25X125
    Details
    • Parcel number: 20222260220000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/2/2023Sold$120,000-7.6%
    Source: MRED as distributed by MLS GRID #11485218 Report a problem
    2/28/2023Pending sale$129,900
    Source: MRED as distributed by MLS GRID #11485218 Report a problem
    12/8/2022Listed for sale$129,900
    Source: MRED as distributed by MLS GRID #11485218 Report a problem
    9/12/2022Pending sale$129,900
    Source: MRED as distributed by MLS GRID #11485218 Report a problem
    8/6/2022Listed for sale$129,900+99.8%
    Source: MRED as distributed by MLS GRID #11485218 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$2,752 +2.9%$12,999
    2022$2,674 +2.3%$12,999
    2021$2,614 -14.2%$12,999 -4.9%

    Find assessor info on the county website

    Neighborhood: West Woodlawn

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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