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Brick Multifamily Property
For Sale
Under Contract
$350,000

6556 S Woodlawn Avenue, Chicago, IL 60637

Residential Income, Chicago, IL

Property Size3,500 SF
Price / SF$100
Days on Market77

Property Features for 6556 S Woodlawn Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 4, Basement, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3
Parking 1
Parking features Garage
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions Take Marquette Rd to S Woodlawn till you reach property
Subdivision CHI - Woodlawn
Standard status Active Under Contract
APN 20231190390000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 2752

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1898
Building materials Brick
Listing Agency: eXp Realty
Listed By: Ivan Blanco · License #475190576
Added: Jun 10 Changed: Aug 24 Last Checked: Aug 25 at 1:06AM
MLS# 12674525

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.

Investment Insights

Based on property information with market context.

This brick multifamily property in Chicago’s Woodlawn neighborhood contains approximately 3,500 square feet of living space along with a basement. The layout includes four bedrooms and two bathrooms, while a garage provides on-site parking. Built in 1898, the property has received substantial system and exterior work, including a new roof, electrical and plumbing upgrades, tuckpointing, and new heating and air conditioning systems.

The property is located near the University of Chicago, Jackson Park, the future Obama Presidential Center, and the lakefront. Woodlawn also offers access to neighborhood parks, restaurants, coffee shops, tree-lined streets, historic architecture, and the amenities of nearby Hyde Park. Public sewer service, natural gas heating, and the completed improvements provide a documented foundation for the property’s next phase.

Key Highlights

  • Approximately 3,500 square feet of living space plus a basement
  • Four bedrooms and two bathrooms
  • New roof, electrical, plumbing, tuckpointing, heating, and air conditioning systems

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Computer & Electronic Repair Dental Office HVAC Service Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

973
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Four-bedroom layout with a basement, garage parking, and updated building systems.
Where is this multifamily property located?
The property is located at 6556 S Woodlawn Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Approximately 3,500 square feet of living space plus a basement; Four bedrooms and two bathrooms; New roof, electrical, plumbing, tuckpointing, heating, and air conditioning systems
More about this property
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