6510 S Rhodes Avenue Chicago, IL $ 325,000
6510 S Rhodes Avenue
$ 325,000
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6510 S Rhodes Avenue

Chicago, IL, 60637
$ 325,000
Bedrooms5 Baths2.0

Monthly Estimate*

$ 2,028

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Multi-Family Home for sale in Chicago, IL

for $325,000 with 5 bedrooms and 2 full baths. This home was built in 1898.

Turnkey Greystone with Additional Lot - Prime West Woodlawn Investment Discover a rare opportunity to own a beautifully kept two-unit Greystone with endless income potential in the fast-growing West Woodlawn community. Ideally located near the University of Chicago, this property offers convenience, stability, and growth for seasoned investors and first-time buyers alike. The first-floor unit offers 2 bedrooms and 1 bath, currently vacant and ready for immediate occupancy. The second-floor unit features 3 bedrooms and 1 bath, occupied by a long-term tenant providing instant cash flow. Each unit has separate utilities. Additional features include a two-car garage for parking or extra rental income, along with an additional lot perfect for expansion, outdoor living, or future development. This property sits on a well-maintained block surrounded by neighborhood pride. With strong rental demand from students, staff, and faculty, plus the potential for University of Chicago employee housing incentives, this is a smart and secure addition to your portfolio. Whether you're looking to live in one unit while your tenant helps cover the mortgage or rent out both for maximum returns, this is a true turnkey opportunity in one of Chicago's most dynamic neighborhoods. Schedule your private tour today! This property is being sold as is .

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Multi-Family Contingent

Price

$ 325,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,618

Style

Year Built

1898

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12531470

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Garage Spaces 2
Construction Materials Brick Stone
Year Built 1898
Township Hyde Park
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 7
Status Contingent
Directions I94 Expressway South to Marquette Road (6510 South) turn east to Rhodes Ave.
City Chicago
High School District 299
MLS Area CHI - Woodlawn
Tax Annual Amount 3618.74
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 25 X 125
Waterfront Y/N N
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* Excluded Features
List By
Village Realty, Inc.

Broker

kristen.realestatedreams@gmail.com

Email

Affordability Calculator

$2,329
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,028
Monthly Property Taxes
$302
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/11/2025$325,000 Listed Price

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6510 S Rhodes Avenue, Chicago, IL, 60637 is a Multi-Family Home for sale at $325,000. 6510 S Rhodes Avenue has 5 bedrooms, 2.0 baths, and was built in 1898. The property's zip code is 60637 which is in Chicago, IL