1526 E 65th Place
Chicago, IL 60637

Status: Active
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $650,000

About this home

Don't miss out on this incredible investment opportunity in the thriving Woodlawn community! This solid 3-unit brick building with a garden unit offers fantastic potential for the savvy investor or homeowner looking to generate rental income. Unit 1 features 2 bedrooms and 1 bathroom, while Unit 2 offers 2 bedrooms with 2 bathrooms, and Unit 3 boasts 3 bedrooms with 1 bathrooms, providing a variety of living arrangements to suit different needs. With a little creativity and vision, the basement has the potential to be transformed into a garden unit, adding even more value to this property. Whether you're looking to live in one unit and rent out the others or maximize rental income, this building offers a range of possibilities. While the building may need some renovations, the location is unbeatable. Situated within walking distance of the CTA, President Barack Obama Library, Museum of Science & Industry, the historic Jackson Park, this property is surrounded by a wealth of amenities and attractions. Additionally, the proximity to the beautiful trails along Chicago's Lakefront provides endless opportunities for outdoor recreation and leisure. Don't wait to explore the potential of this property - schedule your appointment today and bring your creative ideas to life in the heart of the vibrant Woodlawn community!

Property details

Property / Lot Details
Acreage 0.07
Lot Dimensions 3,437
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 4
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1912
Parking Total 2
Exterior Building Type Vinyl Siding, Brick
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Woodlawn
Corporate Limits Chicago
Directions South on Stony Island Ave., West to 65th Place, building on the right. North on Stony Island Ave., West to 65th Place, building on the right.
Elementary Sch Dist 299
Heat/Fuel Radiator(s)
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Unfinished, Walk-Up Access
Basement Full
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 6
Full Baths in Building Count 6
Total Rooms 22
Units
unit 1
Beds Total 2
Baths Total 2
Appliances And Features Stove, Refrigerator, Window Air Conditioner, Hardwood Floors
Full Baths Total 2
Lease Expiration Date VAC
Rooms Total 7
Tenant Pays Electric
Floor Number 1
unit 2
Beds Total 2
Baths Total 2
Appliances And Features Stove, Refrigerator, Window Air Conditioner
Full Baths Total 2
Lease Expiration Date VAC
Rooms Total 7
Tenant Pays Electric
Floor Number 2
unit 3
Beds Total 3
Baths Total 2
Appliances And Features Stove, Refrigerator, Window Air Conditioner
Full Baths Total 2
Lease Expiration Date VAC
Rooms Total 8
Tenant Pays Electric
Floor Number 3
unit 4
Baths Total 1
Appliances And Features None
Full Baths Total 1
Lease Expiration Date VAC
Rooms Total 1
Tenant Pays None
Floor Number G

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20232190200000
Special Assessments N
Taxes $4,525
Tax Exemptions None
Tax Year 2022
$650,000 Listing Price:
MLS # 12001927
Investment Profile Residential Income
Listing Market Time 44 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 4
Parking Garage
List Date 03/20/2024
Year Built 1912
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