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$1,265,000
1 Day On Site

6646 S Greenwood Avenue
Chicago, IL 60637

For Sale|Multi Family|Active
0
Beds
0
Total Baths
7,378
SqFt
$171
/SqFt
2008
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Exit Strategy Realty / EMA Management
Call Now: 312-767-7744
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312-767-7744
6646 S Greenwood Avenue6646 S Greenwood Avenue6646 S Greenwood Avenue6646 S Greenwood Avenue
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Turnkey multi-family investment opportunity in a rapidly appreciating Woodlawn location! This professionally managed six-unit building, constructed in 2007, offers exceptional cash flow from day one and significant equity growth potential. The property is designed for the savvy investor seeking a low-maintenance, stable asset with high-end appeal. Investment Highlights: Strong Cash Flow, Current annual income exceeds $123,000. Tenant-paid heat and all utilities, further enhancing operating income. Optimal Unit Mix, Features a highly desirable mix of 3 spacious 2-bed/2-bath units and 3 oversized 3-bed/2-bath units, ensuring high rental demand. High-End Finishes & Amenities, All units boast condo-quality finishes, including granite countertops, dishwashers, and in-unit laundry. Each unit is also equipped with Central AC and tenant paid and controlled HVAC, attracting and retaining quality tenants. Low Maintenance, Built in 2007, this newer construction property offers the reliability and reduced maintenance costs that landlords seek. Equity Growth: Positioned in the heart of the Woodlawn community, this asset is poised for remarkable appreciation as ongoing redevelopment continues to transform the neighborhood. Strategic Location: The property benefits from an A+ location with constant tenant demand. It is strategically located near: The Obama Presidential Center, University of Chicago and Hospital, Jackson Park harbor & golf course, Lakefront beaches and recreational trails, convenient public transportation, including the Green Line train and Metra Electric. This property provides a simple and secure entry into the lucrative multi-family market, offering tenants a beautiful place to live and landlords a stable, profitable, and appreciating asset. Don't miss this opportunity to acquire a cash-flowing investment that is positioned for long-term growth.

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Listing Snapshot
Price 
$1,265,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
7,378 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2008
MLS® Number 
12458728
Status 
Active
Property Tax 
$13,604
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Number Of Stories 
3
Property Sub Type 
Multi Family
SqFt Total 
7378
Zoning 
MULTI
Interior Features
Cooling 
Central Air
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Exterior Features
Construction Details 
BrickBlock
Community Features
MLS Area 
CHI - Woodlawn
Listing Courtesy of MRED as distributed by MLS Grid of Exit Strategy Realty / EMA Management



Based on information submitted to the MLS GRID as of 2025-08-30 07:00 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Last checked: 2025-08-30 07:00 PM UTC
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Neighborhood & Commute
Source: Walkscore
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