6500 S Dorchester Avenue
Chicago, IL 60637
9
Bed
6
Bath
0.09Acre(Lot)
Rarely does an opportunity like this come along at this price point. Priced at $650,000, this 3-unit sits just steps from the future Obama Presidential Center and near the rapidly transforming 63rd Street corridor. The $800M Woodlawn Central development, an 8-acre mixed-use project, is expected to bring a hotel, theater, technology center, retail, restaurants, residential towers, and a vertical farm to the neighborhood. Each unit features a generously sized primary bedroom with en-suite bath, a private balcony, and a cozy fireplace in the living room. With two units vacant, you have immediate flexibility to set market rents or design your ideal living setup. This property offers a clear value-add opportunity for buyers looking to build equity in a rapidly appreciating market. Live
Property Details
Map
Map
Features
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Bedroom Information
Total Bedroom: 9Bathroom Information
Total Baths: 6Room Information
Rooms Total: 23 -
Flooring Information
Construction Materials: Aluminum Siding, Brick -
Heating & Cooling
Heating: Natural Gas WaterSource: Lake Michigan
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Building Information
Year Built: 1891
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Lot Information
Lot Dimensions: 30x125 Lot Acres: 0.09 Lot Size: Standard Chicago LotProperty Information
Property Type: Residential Income Sub Type: Two to Four Units
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Listing Price Information
Original List Price:$650000
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Tax Information
Annual Tax: $9615 Tax Year: 2024 Parcel Number: 20232131060000 Tax Exemption: Homeowner
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Parking Information
Total Parking: 3 Yes, Owned
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Utility Information
Sewer: Public Sewer Water Source: Lake Michigan -
Location Information
City: Chicago Direction: Take 63rd street to Dorchester Ave. Head South until you reach property.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6933 S Michigan Avenue, Chicago, IL, 60637 | $270,000 | 5 | 2 | 1,173 | 1,173 SqFt |
| 6542 S Champlain Avenue, Chicago, IL, 60637 | $590,000 | 6 | 3 | -- | |
| 6418 S Drexel Avenue, Chicago, IL, 60637 | $495,000 | 6 | 2 | -- | |
| 7010 S Wabash Avenue, Chicago, IL, 60637 | $385,000 | 6 | 3 | -- | |
| 6127 S Champlain Avenue, Chicago, IL, 60637 | $435,000 | 8 | 3 | -- | |
| 6626 S Ingleside Avenue, Chicago, IL, 60637 | $625,000 | 5 | 4 | 3,290 | 3,290 SqFt |
| 1323 E 61st Street, Chicago, IL, 60637 | $789,000 | 4 | 4 | 3,000 | 3,000 SqFt |
| 6123 S Woodlawn Avenue #3, Chicago, IL, 60637 | $449,000 | 4 | 2 | 2,200 | 2,200 SqFt |
| 5901 S Indiana Avenue, Chicago, IL, 60637 | $499,900 | 10 | 5 | -- | |
| 5900 S King Drive #C-3, Chicago, IL, 60637 | $199,000 | 3 | 2 | 1,220 | 1,220 SqFt |
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ByOwner last updated this listing 06/22/2026 @ 18:20
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