East Woodlawn Multifamily Investment
For Sale
$5,100,000
6619-29 S Greenwood, Chicago, IL 60637
31,600 SF 38 unit center entrance courtyard in Chicago’s East Woodlawn neighborhood.
Property Size31,600 SF
Lot Size0.73 Acres
Price / SF$161.39
Days on Market629
Property Features for 6619-29 S Greenwood
General Information
Standard status
Active
Property type
Multifamily properties, Residential income homes, Other residential income properties, Residential income properties, Investment properties
Size
31,600 SF
Elevators
N/A
Lot size
0.73 Acres
Listed By:
Aaron Sklar
(773) 293-5032
Added: Jan 16, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
This 31,600 square-foot multifamily property is located at 6619-29 S Greenwood in Chicago's East Woodlawn neighborhood. The property, situated on a 0.725 acre lot, features a center entrance courtyard design and a unit mix that includes four 1-bedroom/1-bathroom units, thirty-two 2-bedroom/1-bathroom units, and two 3-bedroom/1-bathroom units. The units feature open floor plans and hardwood flooring. Recent upgrades include updated kitchens and bathrooms with granite countertops and stainless steel appliances, along with new bathroom vanities. Building improvements include extensive plumbing updates, renovated porches, a new Weil-McLain central boiler system, and a new high-efficiency water heater and separate storage tank. An on-site laundry facility in the basement provides additional income. The property is located in a rapidly developing area, close to the University of Chicago and the future Obama Presidential Library.
Key Highlights
- Two (2) 3Bd/1Ba, Thirty‑Two (32) 2Bd/1Ba, & Four (4) 1Bd/1Ba
- Spacious & Open Floorplans w/ Hardwood Flooring
- Updated Kitchens & Baths
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,381
Businesses Nearby
Explore this area
Business Placement
Demographics for 60637, IL
53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - 31,600 SF 38 unit center entrance courtyard in Chicago’s East Woodlawn neighborhood.
Where is this multifamily property located?
The property is located at 6619-29 S Greenwood Chicago, IL.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: Two (2) 3Bd/1Ba, Thirty‑Two (32) 2Bd/1Ba, & Four (4) 1Bd/1Ba; Spacious & Open Floorplans w/ Hardwood Flooring; Updated Kitchens & Baths
