6619-29 S Greenwood Chicago, IL 60637

This exceptional investment opportunity presents a 38-unit multifamily property located at 6619-29 S Greenwood in Chicago's East Woodlawn neighborhood. The property boasts a desirable center entrance courtyard design and sits on a 0.725 acres lot. The building encompasses 31,600 square feet and features a diverse unit mix including four 1-bedroom/1-bathroom units, thirty-two 2-bedroom/1-bathroom units, and two 3-bedroom/1-bathroom units. All units are spacious, featuring open floor plans and hardwood flooring throughout. Recent upgrades include updated kitchens and bathrooms with granite countertops and stainless steel appliances, along with new bathroom vanities. Significant building improvements have also been made, such as extensive plumbing updates, renovated porches, a new Weil-McLain central boiler system, a new high-efficiency water heater and separate storage tank. A convenient on-site laundry facility in the basement provides additional income. This property is situated in a rapidly developing area, close to the University of Chicago and the future Obama Presidential Library, offering strong potential for future appreciation. The property is offered at $5,100,000.