6036 Rhodes ave - Multi-Family FOR SALE


Chicago, IL 60637- Washington Park
$869,000 USD
312-286-0427
6036 Rhodes ave, Chicago, IL for Sale
$869,000 USD
Multi-Family - FOR SALE
1/26
null | Request Cap Rate

6036 Rhodes ave
Chicago, IL 60637
Washington Park


OVERVIEW

Gorgeous NEW Construction 3-unit in prime Woodlawn Location. Set alongside multiple other New Developments, this is the most contemporary of them all. Built by an experienced local builder and includes a 1-year developer's warranty. Contemporary & Modern design with the perfect blend of city living and convenience. Each unit has a spacious, open-concept layout and condo-quality features, such as 42" cabinets, stainless steel appliances, recessed lighting, in-unit laundry. Each unit is a large 3 bed/ 2 bath, with a luxury master bathroom at the rear and extra build out storage closets. The units will rent easily and proforma rents are $7,500/month. The top unit features a vaulted ceiling and decorative railings for an added touch of luxury. Located in the vibrant Woodlawn neighborhood, this property offers unbeatable convenience, 2 minute walk to CTA line and easy access to Washington Park, Jackson Park, the lakefront, beaches, and harbor. The highly anticipated Obama Presidential Center will further enhance this thriving community, already known for its unique dining, coffee shops, and nearby grocery stores. Prime investment opportunity, positioned for cash flow, appreciation, and creating generational wealth in one of Chicago's most exciting neighborhoods. Can arrange property management for any out-of-state buyers. September Delivery

FOR SALE DETAILS

PRICE

$869,000 USD

PRICE/SF

$223 USD /SF

# OF UNITS

3

PRICE/UNIT

$289,667

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Construction 3-Unit in Booming Woodlawn

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

RM-5

APN/PARCEL ID

20-15-403-027-0000

ASK ABOUT THIS PROPERTY

Lawrence DunningMain Street Real Estate GroupMore Info
312-286-0427

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Lawrence DunningMain Street Real Estate GroupMore Info
312-286-0427

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.