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6931 S Woodlawn Avenue Chicago, IL 60637 • Multi Unit - Multiple • New

New - 11 Hours Ago
  • 6931 S Woodlawn Avenue, Chicago, IL 60637 Main Photo

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Description

Great Investment Opportunity in Grand Crossing! Come see this spacious 2-unit brick 2-flat on a quiet, tree-lined street. Both units feature 3 bedrooms, offering flexibility for investors or owner-occupants. The 2nd-floor unit is currently rented for $1,425/month on a month-to-month lease, providing immediate rental income. The property also offers value-add potential, with a basement that could be transformed into additional usable space and the possibility of duplexing the 1st floor down, subject to applicable approvals. Located just blocks from the Obama Presidential Center and close to Jackson Park, the lakefront, Hyde Park, the University of Chicago, South Shore Cultural Center, and the Museum of Science and Industry. With significant investment and development in the area, this is an opportunity you won't want to miss! Live in one, rent the other, or maximize the income potential. Come see this property before it's gone!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 6
Bathrooms: 2
County: Cook
Listed By:
PIP Realty Group 773-233-2301
MRED MLS
$299,900
Est. $2,113/mo
6beds
2baths
New to the Market New
BEDS6 BATHS2 full MLS#12764712
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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Ruhl&Ruhl Realtors
563.441.1776

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6931 S Woodlawn Avenue, Chicago, IL 60637.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $299,900$299,900$299,900
Down Payment $59,980$10,497$74,975
Monthly Mortgage Amount $1,596$1,959$1,959
Taxes $417$417$417
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$132$0
Monthly Estimated Total $2,113$2,608$2,476

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