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!

Property Details

PRICE
$659,000
BEDROOMS
10
BATHROOMS
5
SQFT
N/A
YEAR BUILT
1915
PARKING SPOTS
2
MLS #
11908920
FULL ADDRESS
6620 6620 Woodlawn Avenue
CITY
Chicago, IL
ZIP
60637

Listing Details

Listing Office
Main Street Real Estate Group
Listing Agent
Lawrence Dunning
Contact
773-799-8042
Last Data Update
2023-10-24T18:03:09Z

Interior

BATHROOMS
5 Full Bathrooms

Schools

School District
299
Elementary School
High School

Buy This Home With a Local Expert

22 years. 600+ Chicago closings. Individual, hands-on representation from first tour through close. Ken can be your buyer's agent on this property. Call 773.398.5585 or drop your details below.

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