6109 S Greenwood Avenue
Chicago, IL, 60637 $ 1,184,675
Bedrooms8 Baths4.1 Sq 4,485 Monthly Estimate*
$ 8,275
for $1,184,675 with 8 bedrooms and 4 full baths, 1 half bath. This 4,485 square foot home was built in 1890 on a lot size of 0.1.
This beautiful, rare, and meticulously maintained vintage greystone is a fantastic, solid investment opportunity and an investor's dream! An ideal turnkey operation, it features two 3BR rentals plus a fully-furnished, top-rated, 2BR Airbnb, allowing several options for the buyer: enjoy income from the popular Airbnb and the fully-rented units; reside in a unit (or two) and reduce your mortgage payments through value-added rentals; or transform the entire building into your single family dream home! This spacious and sun-drenched beauty retains its vintage charm with 12' ceilings, hardwood floors, huge double hung windows, built-ins, and some original moldings. The main level 3BR, 1 bath features a wood burning fireplace with built-in mantel and bookshelves, full kitchen, in-unit W/D hookup, and window blinds. The second level 3BR, 1.5 bath was fully rehabbed in late 2019 with all new kitchen and baths, refinished floors, new in-unit W/D, built-out closets, new light fixtures, new wood blinds, new HVAC. The open plan, inviting 2BR, 1 bath, garden-level Airbnb (since July, 2018) with private entrance is fully furnished and has all the extra amenities guests expect, making it a top-rated (4.9/5) destination with Superhost designation. First and second level units open onto private decks with newly-rebuilt and sealed back stairs, including easy access to the roof via pull-down stairs on the second level deck, plus a bonus 15' x 8' secured storage area under the stairs. The Airbnb opens out the private back door to a storage area featuring full-size washer and dryer, then into the huge, secure and private backyard. Enjoy a green, urban oasis with mature landscaping, two large patios, and path leading to the masonry 2.5 car garage with extra storage space above (or retain the current garage renter for the extra income). The new roof (7/2019) is fitted with 9.0 kW Roof Mount Solar PV Array solar panels, offsetting utility costs. The location is the icing on the cake! Just steps from the University of Chicago law school and the Renee Grossman Residential Commons, and a stone's throw from the Green Line and Jewel-Osco, this property offers community, connectivity, and convenience. Only 3/4 mile from Jackson Park, the transformative Obama Presidential Center, and the vibrant lakefront, this location offers investment stability and exciting growth potential. Schedule your private showing now!
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Rubber Flat
Zoning MULTI
Garage Spaces 2.5
Architectural Style Greystone
Year Built 1890
Township Hyde Park
Tax Year 2022
Percent Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 20
Status Active
Directions EAST OR WEST ON 61ST TO GREENWOOD AVENUE SOUTH TO ADDRESS
City Chicago
High School District 299
MLS Area CHI - Woodlawn
Waterfront Y/N N
Street Name Greenwood
Tax Annual Amount 3598.75
Additional Parcels Y/N N
Days on Market 7
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Full Finished
Street Suffix Avenue
Total Bedrooms 8
Room Type Utility Room-Lower Level
Total Baths 4
Bedrooms Possible 8
Full Baths Building 3
Half Baths Building 1
Total Number of Units 3
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ExteriorLot Features Irregular Lot
Water Source Lake Michigan
Total Parking 2.5
Lot Dimensions 4264
Lot Size Acres 0.1
Other Equipment Water Heater-Gas
Garage Onsite Yes
Garage Type Detached
Exterior Brick Stone Limestone
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* Excluded FeaturesList ByCounty Seat Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $8,275
- Monthly Property Taxes
- $300
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $642,441
Percent of Sale Price 46%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
2/23/2024 | $1,184,675 | | Listed Price |