6033 S RHODES Avenue Chicago, IL $ 340,000
6033 S RHODES Avenue
$ 340,000
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6033 S RHODES Avenue

Chicago, IL, 60637
$ 340,000
Bedrooms7 Baths2.0

Monthly Estimate*

$ 2,093

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Multi-Family Home for sale in Chicago, IL

for $340,000 with 7 bedrooms and 2 full baths.

Well-maintained, all-brick legal 2-unit building offered at an attractive price point, presenting a strong opportunity for investors or owner-occupants seeking value in a rapidly growing area. The property will be delivered vacant at closing, allowing new ownership immediate flexibility to lease at market rates, renovate, or reconfigure to maximize returns. Both units are fully operational and rent-ready, with all appliances in working condition, offering immediate income potential from day one. Functional layouts and solid condition provide a strong foundation for both turnkey rental or a value-add strategy. The building has benefited from consistent maintenance and key system upgrades over time. Major improvements include copper plumbing throughout, a newer main sewer line (replaced within the last 6 years), updated furnaces (two units ~14 years old, basement furnace ~6 years old, all regularly serviced), a well-maintained asphalt roof, and windows in good condition. Additional enhancements include ceiling insulation across all levels and a newer exterior two-story deck built to code. The property features a full unfinished basement with insulation already in place, offering excellent potential for duplex-down expansion or additional value creation. Laundry is available via coin-operated machines in the basement, and the second-floor unit is equipped with a 220V hookup for in-unit laundry. Rear parking pad provides off-street parking convenience. Ideally located near the University of Chicago and within close proximity to the future Obama Presidential Center, this property sits in the path of continued neighborhood growth and investment.A compelling opportunity to acquire a solid building with immediate income potential and long-term upside in a high-demand rental and development corridor.

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Multi-Family Active

Price

$ 340,000

Bedrooms

7

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,160

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12603134

Features
General
Sewer Public Sewer
Heating Indv Controls
Possession Closing
Zoning MULTI
Construction Materials Brick
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
Community Features Park
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 15
Status New
Directions Take I94 Dan Ryan Expressway to 67th St. Take State Street to 61st St. Proceed east to Rhodes Ave.
City Chicago
High School District 299
MLS Area CHI - Woodlawn
Tax Annual Amount 5160.91
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 7
Total Baths 2
Bedrooms Possible 7
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Owned
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 25X123
Lot Size Acres 0
Waterfront Y/N N
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* Excluded Features
List By
Mark Allen Realty Era Powered

Broker

avyasrealestate@gmail.com

Email

Affordability Calculator

$2,523
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,093
Monthly Property Taxes
$430
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/31/2026$340,000 Listed Price

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6033 S RHODES Avenue, Chicago, IL, 60637 is a Multi-Family Home for sale at $340,000. 6033 S RHODES Avenue has 7 bedrooms and 2.0 baths. The property's zip code is 60637 which is in Chicago, IL