Properties

Features
: Natural Gas
: Partial , Unfinished , Crawl Space
: Owned , Yes
: Public Sewer
Address Map
US
IL
Cook
Chicago
60637
Dorchester
6500
Avenue
W88° 24' 28.7''
N41° 46' 36.3''
Take 63rd street to Dorchester Ave. Head South until you reach property.
CHI - Woodlawn
CHI - Woodlawn
S
S
Neighborhood
299
299
299
Additional Information
: Brick , Aluminum Siding
30x125
: Lake Michigan
Jason Mitchell Real Estate IL
Darryl Toney
Financial
9615
Listing Information
185438
88051
MRED
: None
Listing Information
Active
2026-06-30T05:07:49Z
2026-06-30T05:05:31Z
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.

Residential Income For Sale

6500 S Dorchester Avenue, Chicago, Illinois 60637

  • Bedrooms : 9
  • Bathrooms : 6
  • Lot Size: 0.09 Acre
$665,000
Listing ID#12687847
QR Code
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 12687847
Price : $665,000
Bedrooms : 9
Rooms : 23
Bathrooms : 6
Year Built : 1891
Lot Size : 0.09 Acre
Listing Status : Active
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