HouseCanary, Inc. Brokerage

6109 S Greenwood Ave., Chicago, IL 60637

Multifamily
8 Beds
4 Baths
3,034 Sq Ft
45 Days on Market

Listing Agent & Comments

John KonrathGreater Metropolitan Real Estate Services
708-525-6900john@gmresappraisal.com
This beautiful, rare, and meticulously maintained vintage greystone is a fantastic, solid investment opportunity and an investor's dream! An ideal turnkey operation, it features two 3BR rentals plus a fully-furnished, top-rated, 2BR Airbnb, allowing several options for the buyer: enjoy income from the popular Airbnb and the fully-rented units; reside in a unit (or two) and reduce your mortgage payments through value-added rentals; or transform the entire building into your single family dream home! This spacious and sun-drenched beauty retains its vintage charm with 10' ceilings, hardwood floors, huge double hung windows, built-ins, and some original moldings. The main level 3BR, 1 bath features a wood burning fireplace with built-in mantel and bookshelves, full kitchen, in-unit W/D hookup, and window blinds. The second level 3BR, 1.5 bath was fully rehabbed in late 2019 with all new kitchen and baths, refinished floors, new in-unit W/D, built-out closets, new light fixtures, new wood blinds, new HVAC. The open plan, inviting 2BR, 1 bath, garden-level Airbnb (since July, 2018) with private entrance is fully furnished and has all the extra amenities guests expect, making it a top-rated (4.9/5) destination with Superhost designation. First and second level units open onto private decks with newly-rebuilt and sealed back stairs, including easy access to the roof via pull-down stairs on the second level deck, plus 15' x 8' secured storage area under the stairs. The Airbnb opens out the private back door to a storage area featuring full-size washer and dryer, then into the huge, secure and private backyard. Enjoy a green, urban oasis with mature landscaping, two large patios, and path leading to the masonry 2.5 car garage with extra storage space above (or retain the current garage renter for the extra income). The new roof (7/2019) is fitted with 9.0 kW Roof Mount Solar PV Array solar panels, offsetting utility costs. The location is the icing on the cake! Just steps from the University of Chicago law school and the Renee Grossman Residential Commons, and a stone's throw from the Green Line and Jewel-Osco, this property offers community, connectivity, and convenience. Only 3/4 mile from Jackson Park, the transformative Obama Presidential Center, and the vibrant lakefront, this location offers investment stability and exciting growth potential. Schedule your private showing now!

MLS# MRD12288208 • Data provided by MRED as distributed by MLS Grid
Additional home details
Living Area3,034 Sq.Ft.
Lot Size4,356 Sq.Ft.
Total Rooms--
Bedrooms8
Bathrooms4
Stories2
Year Built1890
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$3,727
Property in Flood ZoneNo
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More Information On This Home
This home's estimated value
$1,066,909
ComeHome Estimated Value
What influenced our estimate?
Typical homes in this area were built in 1910, are on average 1,972 sq. ft., sit on a 5,964sq. ft. lot, have 4 beds, and have 2 bathrooms.
Home
1062 square feet larger than the typical square footage
+ $100,400 to value
Baths
2 more baths than the typical bath count
+ $79,800 to value
Lot Size
1608 square feet smaller than the typical lot size
- $53,000 to value
Beds
4 more bedrooms than the typical bedroom count
+ $26,100 to value
Age
20 years older than the typical age
- $13,200 to value
Basement
Has a basement
+ $12,700 to value
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For Sale $1,169,650
Estimated monthly payment $6,330
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Courtesy of Greater Metropolitan Real Estate Services