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  • $172,000

     Chicago, IL 60637

    6beds
    --sqft
    Multi Family
    Built in 1908
    -- sqft lot
    $172,000 Zestimate®
    $--/sqft
    $2,315 Estimated rent

    Home value

    $172,000

    $157,000 - $189,000

    $2,315/mo

    Zestimate® history
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    What's special

    PRIME AS-IS REHAB OPPORTUNITY: High-Density Woodlawn Two-Flat Full Gut Renovation needed. Located in a core Woodlawn corridor experiencing massive investment and value appreciation, this two-unit building is ready for a complete transformation. Offered strictly AS IS, this property is an ideal project for seasoned developers and investors looking for significant upside. Key Value Drivers: RM-5 Zoning: Offers excellent density potential for vertical or unit expansion. Architectural Foundation: Features attractive Iron Spot Brick exterior and generous existing unit sizes. Expansion Potential: A full basement provides a valuable footprint for potential garden unit, duplex unit or additional living space. Please consult a zoning expert to confirm your desired use is allowed. Premium Location: Highly walkable to the University of Chicago, Green Line train, Washington Park, The Midway, and the local Jewel-Osco, ensuring tenant demand is exceptionally high. Seize the chance to create beautiful rental workforce housing in a premier growth neighborhood.

    Zillow last checked: 8 hours ago

    Listing updated: January 07, 2026 at 03:54pm

    Listing courtesy of:

    Wayne Beals 312-767-0572,

    Exit Strategy Realty / EMA Management,

    Derek Walvoord,

    Exit Strategy Realty / EMA Management

    Bought with:

    Peter Drossos

    Peter Drossos Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12509408MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • None
    Features
    • Basement: Unfinished,Full

    Property

    Lot
    • Size: 3,100 sqft
    • Dimensions: 25x124
    Details
    • Parcel number: 20154140130000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1908

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/7/2026Sold$172,000
    Source: MRED as distributed by MLS GRID #12509408 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: West Woodlawn

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $172,000
    2% more+ $3,440
    With Zillow Showcase(estimated)
    $175,440