





Description
12 Unit corner building located in the rapidly appreciating Woodlawn community. Excellent location in the Northwest Quadrant of Woodlawn. Blocks to 63rd and Cottage Grove Greenline Train, new Jewel Grocery, 300+acre Washington Park, University of Chicago Campus and Hospital. The building was deconverted from a condominium development about 10 years ago and has many improvements not typically found in Multi Family offering in the area. Each unit has updated kitchens and bathrooms, individual HVAC, laundry hook up, individual water heaters, in-unit 100 amp electrical, hardwood floors in common areas, uniform carpet in bedrooms, modern windows secure entry, and new rear porches (2018). The building has been maintained by a professional corporate operator since deconversion and is currently professionally managed. Two entrances with 6 units per entrance, one entrance on Champlain, one entrance on 62nd Street. Great unit mix, four main-level, duplex-down apartments, each with 3 Bedrooms/3 Bathrooms. These units have modern mechanical systems in the lower level. The building also has two 3 Bedroom/2 Bath Units. The are also four 2 Bedroom/2bath units and two 2 bedroom/1 bath units. Excellent investment as currently configured and operated with value add opportunity. Woodlawn has strong growth potential and this building would be an excellent addition to a serious investors portfolio. All major systems in good and serviceable condition. Recent redevelopment surrounds this property, including the new mixed use and multifamily buildings located at 63rd and Cottage Grove and 60th and Cottage Grove. Residential rehab work is visible throughout the neighborhood.
Similar Listings
6 Beds
11 Baths
25,000 Sq ft
$45,000,000
MLS# MRD09401800

Courtesy of: Jameson Sotheby's Intl Realty
$22,500,000
MLS# MRD10821086

Courtesy of: Callahan Blandings & Schaper
6 Beds
13 Baths
20,002 Sq ft
$18,750,000
MLS# MRD10921475

Courtesy of: Compass
4 Beds
5 Baths
10,000 Sq ft
$18,500,000
MLS# MRD09988068

Courtesy of: Magellan Realty LLC
6 Beds
10 Baths
20,000 Sq ft
$18,000,000
MLS# MRD10852449

Courtesy of: The Bowen Group, Inc.
8 Beds
14 Baths
30,000 Sq ft
$17,800,000
MLS# MRD10858182

Courtesy of: Jameson Sotheby's International Realty
6 Beds
7 Baths
8,000 Sq ft
$17,000,000
MLS# MRD10934934

Courtesy of: Compass
$15,900,000
MLS# MRD10744787

Courtesy of: Ramshaw Real Estate
9 Beds
19 Baths
32,683 Sq ft
$14,855,000
MLS# MRD09814087

Courtesy of: Compass
6 Beds
8 Baths
10,000 Sq ft
$13,500,000
MLS# MRD10892858

Courtesy of: Jameson Sotheby's Intl Realty
6 Beds
8 Baths
8,800 Sq ft
$13,500,000
MLS# MRD10353596

Courtesy of: Jameson Sotheby's Intl Realty
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.

Based on information submitted to the MRED as of date and time shown below. All data is obtained from various
sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change
without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information. © 2020. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf