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Elijah Reese

elijah@serenerealtyinc.com +1(312) 848-2947

$ 340,000

Est. payment -/mo

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Price Dropped by $50K

6523 S Evans AVE Chicago, IL 60637

4 Beds

2 Baths

3,049 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12301989

Bedrooms 4

Year Built 1913

Annual Tax Amount $2,382

Tax Year 2023

Lot Size 3,049 Sqft

Lot Dimensions 24X121.8X24X121.8

Property Sub-Type Two to Four Units

Property Description

Prime investment or owner occupant opportunity in the thriving Woodlawn neighborhood! Well-maintained, multi-unit building (2-Units) already a reliable income-generating property with tenants in place who are eager to remain. Separate utilities (gas and forced air), wrought iron fence, decorative fireplaces. The building offers excellent cash flow potential, making it an attractive option for savvy investors looking to secure a stable, long-term asset. Recent updates include a newer roof (2020), new private back porch/deck (2021), updated windows on the 1st floor (2019), and a new restroom on the 1st floor (2019). The first-floor unit features a desirable duplex-down layout offering ample living space and an additional level of privacy, making it a standout feature for tenants. Also, there is a detached 2-car garage that may offer convenient and secure parking. This property offers strong rental income potential and the ability to increase rents as the area continues to appreciate. The Woodlawn neighborhood is experiencing rapid growth and revitalization, thanks to ongoing development projects and investments that are enhancing the area's appeal. With its proximity to the University of Chicago, Jackson Park, Midway Plaisance, and the soon-to-be-completed Obama Presidential Center, Woodlawn has become the talk of the town and one of Chicago's hottest neighborhoods for both residents and investors. Secure your place in the future of Woodlawn! Community Growth-High Rental Demand-Appreciating Property Values-Presidential Center-Educational & Recreational Opportunities makes this a promising investment. Property is being sold "AS IS". Please do not disrupt tenants, contact the listing agent for information or to schedule your showing.

Location

State IL

County Cook

Area Chi - Woodlawn

Zoning MULTI

Rooms

Basement Unfinished, Walk-Out Access

Interior

Heating Electric

Fireplace N

Exterior

Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Tanesha Pratt • Coldwell Banker Realty

Elijah Reese

Designated Managing Broker | License ID: 471019825

+1(312) 848-2947

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