6523 S Evans Avenue , Chicago, IL 60637
Chicago, IL 60637
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.
Details
| MLS# | 12301989 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1913 |
| Days On Site | 16 |
| Listing Provided By | Coldwell Banker Realty | Tanesha Pratt |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Zoning | MULTI |
| Acreage | 0.07 |
Market Activity 60637
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60637 |
| Area | CHI Woodlawn |
| School District | 299 |
| Elementary School | 299 |
| Middle School | 299 |
| High School | 299 |
| Listing VS Median (In 60637) | |
Price: $390,000 low | high Med: $99,900 On site: 16 low | high Med: 21.000000 | |