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6402 S Greenwood Avenue Chicago, IL 60637

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For Sale
$759,000

MULTI_FAMILY - Chicago, IL

Lot size:
0.08 Acres
Added:
Mar 12, 2026
Days on Market:
47
Last Refresh:
Apr 27 at 9:06 pm

Property Features for 6402 S Greenwood Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Bathrooms
4
Rooms
Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 8, Basement, Bedroom 9, Bedroom 7, Bedroom 6, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 10
Parking
2
Parking features
Garage
Basement
Finished, Full
Standard status
Active
APN
20231060560000
Lot size
0.08 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
11487

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas

Building Details

Year built
1900
Building materials
Brick

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Listing Contact
Brittany Ramsey

Listing agent Brittany Ramsey License #475173381

Listing office Keller Williams ONEChicago 2211 N Elston Ave STE 400, Chicago, IL

Listing date Mar 12, 2026

MLS# 12582166 Listing URL

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Woodlawn Greystone 3-Flat Investment Property

This Woodlawn 3-flat Greystone features exceptional unit sizes and stabilized cash flow. The property is strategically located steps from the Obama Presidential Center, slated for its grand opening in June 2026. It is a turn-key, high-performing asset in a high-growth corridor. The building is fully leased, featuring top-of-market rents and a proven track record of immediate income. Cash flow has been significantly optimized with the recent leasing of the top floor at a premium rate. The first-floor duplex unit is significantly larger than typical Woodlawn conversions, commanding superior rent. Recent capital improvements include a fully updated Unit 3 with new floors, paint, trim, kitchen, and bathroom. Plumbing has undergone a full overhaul, including a Copper Water Supply Line upgrade in 2024, entirely eliminating lead piping. The basement laundry area has been completely renovated, and common areas feature freshly painted foyer and common spaces. All mechanical systems are operational and professionally maintained. The property is within walking distance of the UChicago Main Campus, UChicago Law School, and UChicago Medical Center. Residents enjoy easy access to the Lakefront and the upcoming Obama Presidential Center, ensuring a pipeline of tenant prospects. The property includes a detached garage and sits on a lot of 0.08 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

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

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

Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.599526
Latitude
41.778573

FAQs

What type of property is this?
Triplex - Rare, fully occupied 3-flat near Obama Presidential Center.
Where is this triplex located?
The property is located at 6402 S Greenwood Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: Steps from the Obama Presidential Center (opening June 2026) - a major draw for tenants.; Fully occupied with top‑of‑market rents and immediate, stabilized cash flow.; Massive first‑floor duplex unit commanding superior rent.
More about this property
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