Active Under Contract

$665,000

6500 Dorchester Avenue, Chicago, IL 60637
9 Beds6 Baths12 days
6500 Dorchester Avenue·Chicago, IL 60637
9Bedrooms
6Bathrooms
1891Year Built
About This Home

Rarely does an opportunity like this come along at this price point. Priced at $665,000, 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.

MLS# 12687847Listed June 24, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms6
Total Rooms23

Size & Structure

Year Built1891
Lot Size0.090 acres

Location

CountyCook
TownshipHyde Park
Zip Code60637

Financial

List Price$665,000
Annual Taxes (2024)$9,615
Monthly Tax Est.$801
Parcel #20232131060000
Interior Features

Heating

Natural Gas

Basement

UnfinishedCrawl SpacePartial
Exterior & Lot

Construction

Aluminum SidingBrick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesOwned
Tax & Financial
Annual Taxes
$9,615
Tax Year 2024
Monthly Tax Est.
$801
per month
Property Location

6500 Dorchester Avenue, Chicago, IL 60637Cook County

$665,000
6500 Dorchester Avenue
9 bd6 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
12 days on market
0.090 acres
$9,615/yr taxes
$4,296
estimated monthly payment
Principal & Interest
$3,495/mo
Property Tax
$801/mo
$665,000
20% — $133,000
3%50%
6.875%
3%12%
Loan Amount
$532,000
Down Payment
$133,000

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

Listed by
Jason Mitchell Real Estate IL
Agent: Darryl Toney
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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