Active Under Contract Multi-Family MLS# 12764712

6931 S WOODLAWN Avenue

Chicago, IL 60637

$314,900

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About 6931 S WOODLAWN Avenue

Great Investment Opportunity in Grand Crossing! Come see this spacious 2-unit brick 2-flat on a quiet, tree-lined street. Both units feature 3 bedrooms, offering flexibility for investors or owner-occupants. The 2nd-floor unit is currently rented for $1,425/month on a month-to-month lease, providing immediate rental income. The property also offers value-add potential, with a basement that could be transformed into additional usable space and the possibility of duplexing the 1st floor down, subject to applicable approvals. Located just blocks from the Obama Presidential Center and close to Jackson Park, the lakefront, Hyde Park, the University of Chicago, South Shore Cultural Center, and the Museum of Science and Industry. With significant investment and development in the area, this is an opportunity you won't want to miss! Live in one, rent the other, or maximize the income potential. Come see this property before it's gone!

Property details

Property

Type
multi
Year built
1927
Lot
0.08 ac
List date
Sep 25, 2026

Schools

District
Chicago Public School District 299

Location

Subdivision
Greater Grand Crossing
Neighborhood
Greater Grand Crossing

Location

Neighborhood
Greater Grand Crossing
School district
Chicago Public School District 299

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Listed by Latrease Davenport, PIP Realty Group

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.