NEW! Buy and sell safely with virtual options - Learn More
About the Listing 88601 - 1014560,159034
Well-maintained, all-brick legal 2-unit building offered at an attractive price point, presenting a strong opportunity for investors or owner-occupants seeking value in a rapidly growing area. The property will be delivered vacant at closing, allowing new ownership immediate flexibility to lease at market rates, renovate, or reconfigure to maximize returns. Both units are fully operational and rent-ready, with all appliances in working condition, offering immediate income potential from day one. Functional layouts and solid condition provide a strong foundation for both turnkey rental or a value-add strategy. The building has benefited from consistent maintenance and key system upgrades over time. Major improvements include copper plumbing throughout, a newer main sewer line (replaced within the last 6 years), updated furnaces (two units ~14 years old, basement furnace ~6 years old, all regularly serviced), a well-maintained asphalt roof, and windows in good condition. Additional enhancements include ceiling insulation across all levels and a newer exterior two-story deck built to code. The property features a full unfinished basement with insulation already in place, offering excellent potential for duplex-down expansion or additional value creation. Laundry is available via coin-operated machines in the basement, and the second-floor unit is equipped with a 220V hookup for in-unit laundry. Rear parking pad provides off-street parking convenience. Ideally located near the University of Chicago and within close proximity to the future Obama Presidential Center, this property sits in the path of continued neighborhood growth and investment.A compelling opportunity to acquire a solid building with immediate income potential and long-term upside in a high-demand rental and development corridor.
Listing Highlights
Status
Pending
Days on Site
16
Property Type
Multi-Family
MLS ®
12603134
Year Built
Total Square Footage
0
Lot/Acreage
25X123
Interior Details
- Bedrooms: 7
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Indv Controls
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 25X123
- Zoning: MULTI
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Owned
Financial Details
- Tax Amount: $5,161
- Taxes w/Assessments: N/A
- Tax/Property ID: 20154040120000
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
6033 S Rhodes Ave Chicago, IL 60637
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
