This West Woodlawn Greystone has great value written all over it. Owner previously used it as a family building, but has 3 separate units for 3 separate incomes although it is legally a 2 unit. Can cash flow nearly $3000/mo if all units are occupied at full market value. Current top floor features 3bedrooms and 1 bath with a large walk in closet in the master. First floor is newly remodeled with 2beds and 1bath. Garden is set up as 2bed 1bath and needs a little cosmetic love but does have a tenant. Owner is willing to meet FHA & VA requirements. This Greystone falls in the Opportunity Zone for City of Chicago, which means that after 10 years profits can be federal income tax free with new laws. Do your research!!! West Woodlawn is an amazing place to invest for the long term, Obama Library, New Golf Course and much more is coming!!!! Schedule your appointment today!!!!
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Property Details
Utilities
Heating Gas
Cooling
Water Lake Michigan
Sewer Sewer-Public
Additional Information
Parking
Owned
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Listing History
11-28-2018
Listed at $310,000
02-01-2019
Status changed to Expired
Last Modified 2/1/19 12:05 AM
Nearby Transportation
Bus 67
0.2 mi
Bus 5
0.2 mi
Bus 95
0.2 mi
Bus 3
0.2 mi
Bus 4
0.3 mi
Bus 30
0.3 mi
Bus 63
0.3 mi
Bus 59
0.6 mi
Bus 71
0.7 mi
Bus 29
0.7 mi
Bus 2
0.8 mi
Bus 169
0.8 mi
Bus 24
0.9 mi
Bus 171
0.9 mi
Bus 172
0.9 mi
Metra Electric
1.2 mi
Green Line
0.4 mi
Red Line
0.8 mi
I 90 East
0.6 mi
I 94 West
0.7 mi
I 94 East
0.8 mi
I 90 West
1.0 mi
Hwy 57
4.1 mi
Hwy 57
4.5 mi
I 55 North
4.6 mi
I 55 South
4.7 mi
For More Information
(312) 528-9200
For more information about 6548 S Rhodes, Chicago, IL 60637 contact Corcoran Urban Real Estate.
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