6500 S Dorchester Avenue, Chicago, IL 60637
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6500 S Dorchester Avenue,Chicago, IL 60637
$650,000
- 9 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: darryl toney, anthony crudup
Office: jason mitchell real estate il
MLS#:12627094
Source:MLSNI
Price summary
- Price:$650,000
About this home
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....
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Home facts
- Year built:1891
- Listing ID #:12627094
- Updated:May 14, 2026 at 07:56 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:23
- Basement Description:Partial, Unfinished
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1891
- Lot area:0.09 Acres
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Tax amount:$9,615 (2024)
Parking
- Total parking spaces:3
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