6500 S Dorchester AVE, Chicago, IL 60637
6500 S Dorchester AVE, Chicago, IL 60637
6500 S Dorchester AVE, Chicago, IL 60637
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Jay English

Jay English

+1(224) 430-1463
$665,000
Est. payment /mo
9 Beds
6 Baths
3,920 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12687847

Bedrooms 9

Year Built 1891

Annual Tax Amount $9,615

Tax Year 2024

Lot Size 3,920 Sqft

Lot Dimensions 30x125

Property Sub-Type Two to Four Units

Property Description

Rarely does an opportunity like this come along at this price point. Priced at $650,000, this 3-unit sits just steps from the future Obama Presidential Center and near the rapidly transforming 63rd Street corridor. The $800M Woodlawn Central development, an 8-acre mixed-use project, is expected to bring a hotel, theater, technology center, retail, restaurants, residential towers, and a vertical farm to the neighborhood. Each unit features a generously sized primary bedroom with en-suite bath, a private balcony, and a cozy fireplace in the living room. With two units vacant, you have immediate flexibility to set market rents or design your ideal living setup. This property offers a clear value-add opportunity for buyers looking to build equity in a rapidly appreciating market. Live in one unit while generating rental income from the others, or hold as a long-term investment in one of Chicago's most closely watched growth corridors. Each unit has its own PIN, offering a potential path to future condo conversion. Gated rear parking for three vehicles and tenant-paid utilities add to the appeal. Conveniently located near Mt. Carmel High School and the Metra line. Sold as-is.

Location

State IL

County Cook

Area Chi - Woodlawn

Rooms

Basement Unfinished, Crawl Space, Partial

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Aluminum Siding,Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Aluminum Siding,Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Darryl Toney of  Jason Mitchell Real Estate IL 

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Jay English

Jay English

+1(224) 430-1463

Licensed Broker & Investor | License ID: 475.212444

Licensed Broker & Investor License ID: 475.212444

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