6103 South University AvenueChicago, IL 60637Price: $1,750,000

  • Price: $1,750,000
  • 106 Days on Market
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Federal 30-year interest rate: 3.1% last updated on Nov 24, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.18Acreage
  • 2009Year Built

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6-unit investment opportunity in rapidly developing Woodlawn less than a block from the University of Chicago campus. Massive units originally built for condos in 2009. Excellent opportunity to purchase a newer construction, cash flowing asset below replacement value in a neighborhood that is experiencing a building boom. The units have been 100% rented by a University of Chicago fraternity since it was constructed. Incredible upside as Woodlawn continues to appreciate with the construction of the Obama Presidential Library and the continued growth of the University of Chicago. Pad parking for 6+ cars. Quartz countertops, stainless steel appliances, large bathrooms with separate tub and shower, outdoor space for each unit and bamboo flooring. Built in 2009 with condo level finishes. Continue to cash flow with potential condo exit with modernized upgrades.

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Listed by Nathan Gautsche of Chicago Real Estate Resources

Based on information submitted to MRED  as of December 1, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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