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    Woodlawn Multifamily Portfolio Opportunity Title is generated by Realmo AI

    6201 S Langley Ave, Chicago, IL 60637

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    For Sale
    $2,900,000

    24-unit multifamily portfolio in Chicago's Woodlawn neighborhood.

    Type:Multifamily
    Added:
    Apr 3, 2026
    Days on Market:
    37
    Last Refresh:
    Apr 3 at 5:01 am

    Property Features for 6201 S Langley Ave

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

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    Listing Contact
    Jack Stanton

    Listing agent Jack Stanton License #IL: 475.184051

    Listing office Chicago Downtown Office

    Listing date Apr 3, 2026

    Source Marcusmillichap

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Chicago Downtown Office

    HighLights

    • 24‑unit multifamily portfolio in Chicago's desirable Woodlawn neighborhood.
    • Immediate rental upside with in‑place rents roughly $400 below market.
    • Proximity to the University of Chicago, Jackson Park, and the Obama Presidential Center.
    • Updated interior finishes including renovated kitchens, updated appliances, bathroom vanities, and flooring.
    • Updated electrical systems, predominantly copper plumbing, and individual furnaces in each unit.
    • Access to CTA bus routes, the Green Line, and the Metra Electric Line for connectivity to Downtown Chicago.

    Overview

    This multifamily portfolio comprises two properties located at 6201 South Rhodes Avenue and 6201 South Langley Avenue in Chicago’s Woodlawn neighborhood. The portfolio consists of 24 units with a mix of two- and three-bedroom floor plans. The units feature updated interior finishes, including renovated kitchens, updated appliances, bathroom vanities, and flooring. Both buildings have updated electrical systems, predominantly copper plumbing, and individual furnaces in each unit. The properties are situated in Woodlawn, supported by proximity to the University of Chicago, Jackson Park, and the Obama Presidential Center. The area offers access to CTA bus routes, the Green Line, and the Metra Electric Line, providing connectivity to Downtown Chicago and surrounding employment centers. Adjacent Hyde Park further enhances the location with established retail, dining, and cultural amenities. The portfolio is positioned for stable cash flow and long-term growth. The unit mix includes 11 two-bedroom, one-bath units, 6 two-bedroom, two-bath units, and 7 three-bedroom, one-bath units. The properties are located in a submarket poised for continued value appreciation and rent growth, supported by proximity to the University of Chicago, and ongoing public and private investment.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6080812
    Latitude
    41.782041

    FAQs

    What type of property is this?
    Apartment building - 24-unit multifamily portfolio in Chicago's Woodlawn neighborhood.
    Where is this apartment building located?
    The property is located at 6201 S Langley Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: 24‑unit multifamily portfolio in Chicago's desirable Woodlawn neighborhood.; Immediate rental upside with in‑place rents roughly $400 below market.; Proximity to the University of Chicago, Jackson Park, and the Obama Presidential Center.
    More about this property
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