7225 S Woodlawn Avenue
Chicago, IL
60619
About this home
Located in highly sought after south Woodlawn community this building is a blank slate waiting for its artist to bring back to life! The building is situated on a large corner lot and features an all brick exterior with a fenced yard! The building was at one time a legal three unit and has been stripped completely on the interior and is just a shell. There is no flooring, no walls, nothing on the interior, three stories of brick with the interior needing to be finished. Former owner did replace the roof and did some tuckpointing to the property, buyer will assume the repairs but the potential is endless. WE are seeing renovated values in the mid $300K range, make 3 bedrooms per unit and create a cash cow or duplex the first floor unit to the basement and make one of the units an owners unit while watching your equity soar! The location is hard to beat, close to Skyway, Lake and public transportation, there is so much potential with this building and at this price will not last long.