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6129 S Greenwood Avenue, Chicago, IL 60637
$575,000 Contingent
6129 S Greenwood Avenue, Chicago, IL 60637View this property at 6129 S Greenwood Avenue, Chicago, IL 60637
6129 S Greenwood AvenueChicagoIL60637
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Property Description
Introducing a unique opportunity to own a six unit brick building in highly desirable East Woodlawn. This property offers significant potential for the savvy developer or investor, with endless possibilities for transformation. This property is a blank canvas awaiting your vision: these units can be converted into luxurious condos, perfect for resale in a high demand market. Convert them into modern rental units, providing a reliable income stream or renovate and create an incredible short term rental property. With a large unfinished basement, the building can be converted to (4) 2 bed/2 bath units + (2) 4 bed/3 bath duplex down units. It can also be converted to have (2) full floor units and (2) duplex down units. There are many options. The building features a classic brick exterior with lovely front balconies, adding to its charm and appeal. Situated on a deep lot, there's potential to extend the structure and still provide green space and parking. Currently there's a 3 car garage at the rear of the lot. The roof was replaced in 2022. The location is unbeatable, with easy access to public transportation, Lake Shore Drive, shopping, and dining options. It's also conveniently located near parks and steps away from the University of Chicago campus, making it attractive to a broad range of potential buyers or tenants.
Full Property Details
Full Property Details for 6129 S Greenwood Ave
General
- Price: $575,000
- Taxes: $9,255 (2022)
- Status: Contingent
- Type: Commercial
- MLS ID: 12038320
- Updated: 5/10/2024
- Added to Site: 14 day(s) ago
Location
- Area: CHI - Woodlawn
- County: Cook
- Driving Directions: MIDWAY PLAISANCE TO 61ST EAST TO GREENWOOD AVE TO HOME
Heating & Cooling
- Heating Type: Hot Water, Radiators
Structural Information
- Stories/Levels: 3
- Year Built: 1910
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 49.9 x 170.5
Financial Considerations
- Assessment Year: 1910
- Tax Amount: $9,255.53
- Tax Year: 2022
- Tenant Pays: None
Disclosures and Reports
- Property ID: 20143110080000
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 6129 S Greenwood Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
6020 S Langley Ave, Chicago, IL 60637 | PK-8 | 0.5 mi | |
6220 S Stony Island Ave, Chicago, IL 60637 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6129 S Greenwood Ave
Date
Details
Price
Change
Source
5/01/2024
Listed
$575,000
4.55%
MLS
9/27/2022
Sold
$550,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6129 S Greenwood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$9,256
2%
$44,999
—
2021
$9,049
34%
$44,999
49%
2020
$6,747
-1%
$30,287
-11%
2019
$6,837
2%
$34,031
—
2018
$6,722
12%
$34,031
22%
2017
$5,985
7%
$27,802
—
2016
$5,568
9%
$27,802
—
2015
$5,095
-3%
$27,802
-2%
2014
$5,248
2%
$28,285
—
2013
$5,144
1%
$28,285
—
2012
$5,076
—
$28,285
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6129 S Greenwood Ave
6129 S Greenwood Avenue, Chicago, IL 60637 (MLS# 12038320) is a Commercial property. 6129 S Greenwood Avenue is currently listed for $575,000 and was received on May 01, 2024. Want to learn more about 6129 S Greenwood Avenue? Do you have questions about finding other Commercial real estate for sale in Woodlawn? You can browse all Woodlawn real estate or contact a Coldwell Banker agent to request more information.