Fully Renovated Legal 3-flat in Desirable Woodlawn

USD $465,000
6149 South Rhodes Avenue, Chicago, Illinois, 60637, USA

Property Highlights

  • Fully renovated with $200K upgrades
  • Legal 3-flat with zoning certification
  • Laundry hookups ready for coin laundry
  • Potential rental income $4,300+/month
  • Close to University of Chicago and Metra
  • Room to add parking pad

Overview

Let your tenants pay the mortgage in this fully renovated legal 3-flat located in red-hot Woodlawn-one of Chicago's fastest appreciating neighborhoods. Perfect for first-time buyers or investors, this property was completely updated in 2017 with over $200K in permitted renovations and has been meticulously maintained since. Featuring two 3-bedroom units and one 2-bedroom unit, with total potential rents of $4,300+/month, all tenants pay their own gas and electric. Zoning certification obtained in September 2019. Laundry hookups are in place-add coin laundry for additional income. Room to add a parking pad for even more cash flow. Prime location just minutes from the University of Chicago, Hyde Park, the lakefront, Metra, Green Line, Jewel-Osco, and Greenline Coffee. This is a rare opportunity on a historic landmark block. Don't miss out-schedule your showing today!
Show More Show Less

Property Features

6149 South Rhodes Avenue, Chicago, Illinois, 60637, USA offers the following features:

Bedrooms: 8
Bathrooms: 3 Full
Property Type: Residential Income
Status: Active
Reference ID: 12472550

Map