Closed

$340,000

6033 RHODES Avenue, Chicago, IL 60637
7 Beds2 Baths6 days
6033 RHODES Avenue·Chicago, IL 60637
7Bedrooms
2Bathrooms
About This Home

Well-maintained, all-brick legal 2-unit building offered at an attractive price point, presenting a strong opportunity for investors or owner-occupants seeking value in a rapidly growing area. The property will be delivered vacant at closing, allowing new ownership immediate flexibility to lease at market rates, renovate, or reconfigure to maximize returns. Both units are fully operational and rent-ready, with all appliances in working condition, offering immediate income potential from day one. Functional layouts and solid condition provide a strong foundation for both turnkey rental or a value-add strategy. The building has benefited from consistent maintenance and key system upgrades over time. Major improvements include copper plumbing throughout, a newer main sewer line (replaced within the last 6 years), updated furnaces (two units ~14 years old, basement furnace ~6 years old, all regularly serviced), a well-maintained asphalt roof, and windows in good condition. Additional enhancements include ceiling insulation across all levels and a newer exterior two-story deck built to code. The property features a full unfinished basement with insulation already in place, offering excellent potential for duplex-down expansion or additional value creation. Laundry is available via coin-operated machines in the basement, and the second-floor unit is equipped with a 220V hookup for in-unit laundry. Rear parking pad provides off-street parking convenience. Ideally located near the University of Chicago and within close proximity to the future Obama Presidential Center, this property sits in the path of continued neighborhood growth and investment.A compelling opportunity to acquire a solid building with immediate income potential and long-term upside in a high-demand rental and development corridor.

MLS# 12603134Listed March 31, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms2
Total Rooms15

Size & Structure

Lot Size25X123

Location

CountyCook
TownshipHyde Park
Zip Code60637

Financial

List Price$340,000
Annual Taxes (2024)$5,161
Monthly Tax Est.$430
Parcel #20154040120000
Interior Features

Heating

Indv Controls

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesOwned
HOA & Community

Community Features

Park
Tax & Financial
Annual Taxes
$5,161
Tax Year 2024
Monthly Tax Est.
$430
per month
Property Location

6033 RHODES Avenue, Chicago, IL 60637 — Cook County

$340,000
6033 RHODES Avenue
7 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
6 days on market
25X123
$5,161/yr taxes
$2,217
estimated monthly payment
Principal & Interest
$1,787/mo
Property Tax
$430/mo
$340,000
20% — $68,000
3%50%
6.875%
3%12%
Loan Amount
$272,000
Down Payment
$68,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Mark Allen Realty ERA Powered
Agent: Amit Vyas
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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