Home For Sale near Lake Michigan - Cook County
RARE WOODLAWN 3-FLAT Greystone with EXCEPTIONAL unit sizes & PREMIUM cash flow. Meticulously maintained by current owner with extensive recent upgrades including COMPLETELY RENOVATED laundry area & full plumbing overhaul. THE STANDOUT: Massive duplex unit (1st floor) - SIGNIFICANTLY LARGER than typical Woodlawn 3-flat conversions. Currently commanding TOP-OF-MARKET rent - PROVEN income, not projections. CURRENT PERFORMANCE: Strong existing cash flow with TWO occupied units. FULLY OCCUPIED PRO FORMA: Substantial income potential with significant upside. LOCATION ADVANTAGES: Walking distance to UChicago Main Campus, UChicago Law School, UChicago Medical Center, Obama Presidential Center & Lakefront. Never-ending pipeline of tenant prospects. CONDITION: Turn-key investment property. Recent capital improvements include upgraded Unit 3 - (New floors, paint, trim, Kitchen, Bathroom) Common Area/Foyer Paint Basement Laundry and plumbing upgraded Copper Water Supply Line upgrade in 2024 (No Lead Piping) All mechanicals maintained, all systems operational. This is NOT a rehab project - your client can close and collect rent immediately. TOTAL BUILDING: Large square footage | Multiple bedrooms/baths | Detached garage UNIT BREAKDOWN: Unit 1 (Duplex): EXCEPTIONAL size - oversized layout commanding premium rent Unit 2: Currently occupied at market rate Unit 3: Market ready for immediate occupancy FULL DETAILS, INTERIOR PHOTOS & PRICING attached.Property Details
- Beds: 10
- Baths: 4.0
- Year Built: 1900
- Location: Lake Michigan - Cook County
- Acres: 0.080
- County: Cook County
- Heat/AC: Natural Gas
- Garage: Garage
- Siding: Brick
- Roof:
- Property Taxes: $11,487
- MLS #: 12538935
Location
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Contact Information:
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Listing Agent: Brittany Ramsey, Keller Williams Chicago ONEChicago, 312-216-2422, 312-216-2422 Listing Site, Listing Status: Active
Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 7068378 |
| Viewed: | 6 times |
| Added: | Jan 02, 2026 |
| Updated on: | Jan 14, 2026 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
