6109 S Greenwood Avenue
Chicago, IL 60637

Status: Active
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $1,184,675

About this home

This beautiful, rare, and meticulously maintained vintage greystone is a fantastic, solid investment opportunity and an investor's dream! An ideal turnkey operation, it features two 3BR rentals plus a fully-furnished, top-rated, 2BR Airbnb, allowing several options for the buyer: enjoy income from the popular Airbnb and the fully-rented units; reside in a unit (or two) and reduce your mortgage payments through value-added rentals; or transform the entire building into your single family dream home! This spacious and sun-drenched beauty retains its vintage charm with 12' ceilings, hardwood floors, huge double hung windows, built-ins, and some original moldings. The main level 3BR, 1 bath features a wood burning fireplace with built-in mantel and bookshelves, full kitchen, in-unit W/D hookup, and window blinds. The second level 3BR, 1.5 bath was fully rehabbed in late 2019 with all new kitchen and baths, refinished floors, new in-unit W/D, built-out closets, new light fixtures, new wood blinds, new HVAC. The open plan, inviting 2BR, 1 bath, garden-level Airbnb (since July, 2018) with private entrance is fully furnished and has all the extra amenities guests expect, making it a top-rated (4.9/5) destination with Superhost designation. First and second level units open onto private decks with newly-rebuilt and sealed back stairs, including easy access to the roof via pull-down stairs on the second level deck, plus a bonus 15' x 8' secured storage area under the stairs. The Airbnb opens out the private back door to a storage area featuring full-size washer and dryer, then into the huge, secure and private backyard. Enjoy a green, urban oasis with mature landscaping, two large patios, and path leading to the masonry 2.5 car garage with extra storage space above (or retain the current garage renter for the extra income). The new roof (7/2019) is fitted with 9.0 kW Roof Mount Solar PV Array solar panels, offsetting utility costs. The location is the icing on the cake! Just steps from the University of Chicago law school and the Renee Grossman Residential Commons, and a stone's throw from the Green Line and Jewel-Osco, this property offers community, connectivity, and convenience. Only 3/4 mile from Jackson Park, the transformative Obama Presidential Center, and the vibrant lakefront, this location offers investment stability and exciting growth potential. Schedule your private showing now!

Property details

Property / Lot Details
Acreage 0.1
Lot Dimensions 4264
Lot Description Irregular Lot
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House Greystone
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units
Interior Features
Additional Rooms Utility Room-Lower Level
Basement Description Finished
Basement Bathrooms No
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 4
Full Baths in Building Count 3
Half Baths in Building Count 1
Total Rooms 20
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 4150
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up, Walk-In Closet, Cooktop, Oven/Built-in
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 7
Tenant Pays None
Floor Number G
Square Feet 1495
unit 2
Beds Total 3
Baths Total 1
Actual Rent 1433
Appliances And Features Stove, Refrigerator, Dishwasher, Central Air Conditioner, Laundry Hook-Up
Full Baths Total 1
Lease Expiration Date MTOM
Rooms Total 7
Tenant Pays Gas
Floor Number 1
Square Feet 1495
unit 3
Beds Total 3
Baths Total 2
Actual Rent 2310
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date 06/24
Rooms Total 7
Tenant Pays Gas
Floor Number 2
Square Feet 1495
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1890
Parking Total 2.5
Exterior Building Type Brick, Stone, Limestone
Garage Details Garage Door Opener(s), Transmitter(s)
Parking On-Site Yes
Garage Type Detached
Parking Spaces Count 2.5
Parking Garage
Rehab Year 1997
Roof Type Rubber ,Flat
MRD Virtual Tour Image360+realtor
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Sidewalks, Street Lights, Street Paved
Area Major CHI - Woodlawn
Zoning Type MULTI
Corporate Limits Chicago
Directions EAST OR WEST ON 61ST TO GREENWOOD AVENUE, SOUTH TO ADDRESS
Equipment Water Heater-Gas
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Hyde Park

Financials

Rental Income 97866
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20143110030000
Special Assessments N
Taxes $3,599
Tax Year 2022
$1,184,675 Listing Price:
MLS # 11988328
Investment Profile Residential Income
Listing Market Time 83 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 02/23/2024
Year Built 1890
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