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6402 S Greenwood Avenue

Chicago, IL 60637
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Bed 10

Bed

Bath 4

Bath

Acres0.08

Acre(Lot)

RARE WOODLAWN 3-FLAT Greystone with EXCEPTIONAL unit sizes & STABILIZED PREMIUM cash flow. Strategically located just steps from the Obama Presidential Center, slated for its grand opening in June 2026. This is a turn-key, high-performing asset in the heart of one of Chicago's most high-growth corridors. INVESTMENT HIGHLIGHTS: FULLY OCCUPIED: The building is now fully leased, featuring top-of-market rents and a proven track record of immediate income. INCREASED PERFORMANCE: Cash flow has been significantly optimized with the recent leasing of the top floor at a premium rate. THE STANDOUT: Massive first-floor duplex unit-significantly larger than typical Woodlawn conversions-commanding superior rent. RECENT CAPITAL IMPROVEMENTS: Meticulously maintained with extensive upgrades ensuring low-maintenance ownership: Unit 3: Fully updated with new floors, paint, trim, kitchen, and bathroom. Plumbing: Full overhaul including a Copper Water Supply Line upgrade (2024)-entirely eliminating lead piping. Laundry: Completely renovated basement laundry area. Common Areas: Freshly painted foyer and common spaces. Mechanicals: All systems are operational and professionally maintained. LOCATION ADVANTAGES: Unbeatable proximity to major demand drivers: Walking distance to UChicago Main Campus, UChicago Law School, and UChicago Medical Center. Residents enjoy easy access to the Lakefront and the upcoming Obama Presidential Center, ensuring a never-ending pipeline of high-quality tenant prospects. CONDITION: This is NOT a rehab project. It is a stabilized, turn-key investment. Your client can close and begin collecting premium rental income on day one. Includes a detached garage.

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Detail Ic Property Details

Property Type : Residential Income

Price : $759,000

AD Id : 90021945

MLS Id : MRD12582166

Beds : 10

Lot Size : 0.08 Acre

Year Built : 1900

Garage : 2

County : Cook

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Feature Features

  • Bedroom Information

    Total Bedroom: 10

    Bathroom Information

    Total Baths: 4

    Room Information

    Rooms Total: 26
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Natural Gas WaterSource: Lake Michigan

  • Building Information

    Year Built: 1900

  • Lot Information

    Lot Dimensions: 25X148 Lot Acres: 0.08 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Income Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$759000

  • Tax Information

    Annual Tax: $11487 Tax Year: 2024 Parcel Number: 20231060560000 Tax Exemption: None

  • Parking Information

    Total Parking: 2 Yes, Garage Owned, Detached, Garage

    Garage Information

    Garage Space: 2

  • Utility Information

    Sewer: Public Sewer Water Source: Lake Michigan
  • Location Information

    City: Chicago Direction: East on 63rd to Greenwood South to property
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5928 S Prairie Street #3, Chicago, IL, 60637 $190,000 3 2 1,750 1,750 SqFt
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ByOwner last updated this listing 08/27/2026 @ 06:20

MLS: MRED #12582166 LISTED BY: Brittany Ramsey, Keller Williams ONEChicago 312-216-2422 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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