6414 S Greenwood Ave.

6414 S Greenwood Ave., Chicago, IL 60637

List Price: $309,000


Beds Baths Built Sq.Ft. Garage Taxes On Market
7 1895 0 $3,839 757 days

Highest & Best due by MONDAY APRIL 11th at 6pm. Opportunity knocks with this gorgeous Graystone on the best street in Woodlawn. PLEASE READ CAREFULLY. Seller started to upgrade this property and convert from a legal 2 unit to a LEGAL 3 UNIT (See MLS Additional Documents for architect drawings and list of recently done work) Much of the heavy lifting is done. Seller needs to relocate for work and does not want to manage the project from out of state. The property will require additional work and rehab $$ BUT there is tons of equity in the finished project. Priced today as a legal 2 unit you can gain instant equity by completing the job making it a legal 3 unit. Top unit is a 4 bed 1 bath. 1st floor is 3 bed 1 bath and garden unit can be 1 bed or studio. Rent potential approx $4000 to $4300 per month. Unit 2 needs just cosmetic rehab and possibly new floors. Unit 1 has new kitchen and bath finished and requires floor and drywall work. Garden Unit needs the most work. All units are currently vacant. This is an awesome historic building on a great street in booming Woodlawn. Check out the surrounding homes and all the development. Property needs work but the comps show the ARV is there. This is not a handyman special. Needs experienced GC or flipper/developer to bring this beauty back to life. Sold as is where is. Buyer welcome to use current architect plans. READ MLS BROKER NOTES PLEASE.

Listing courtesy of Second City Real Estate


Marco Amidei
Marco Amidei
(888) 32-Marco (847) 630-4886
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