6620 S Woodlawn Avenue, Chicago, Cook County, IL, 60637 Chicago IL US

USD 659,000
For Sale MLS: 11884011

Property Details

Bedrooms

10

Bathrooms

3

Neighborhood

Woodlawn

Property Type

MultiFamily

Description

Full and TRUE Gut Rehabbed to the Studs 2-unit Greystone in the heart of Booming Woodlawn. Turnkey and listed at an 8.7 CAP. Building duplex down is leased for $3,200, while the penthouse 4 bedroom is rented for $2,200, with a buyout clause for a potential owner occupant Proforma NOI of $57,000. Hardwood floors throughout, central heating and cooling, custom baths w/ designer finishes, granite and stainless kitchens, in-unit laundry, tall ceilings and lots of natural light. Building has 2-car garage in the rear. Easy, Low Maintenance Investment Building. Can come with professional management at 7% that handle everything. Also easy to self-manage. Very low maintenance investment property. Perfect for any house hacker or Investors utilizing the latest Federal Savings Portfolio 15% down loan, 3 Year Arm, for non-occupant investment loans. This building is a rare gem! Find out more about this property. Request details here

Location

Address

6620 South Woodlawn Avenue, Chicago, Illinois 60637, United States

City

Chicago

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