Turnkey Greystone with Additional Lot - Prime West Woodlawn Investment Discover a rare opportunity to own a beautifully kept two-unit Greystone with endless income potential in the fast-growing West Woodlawn community. Ideally located near the University of Chicago, this property offers convenience, stability, and growth for seasoned investors and first-time buyers alike. The first-floor unit offers 2 bedrooms and 1 bath, currently vacant and ready for immediate occupancy. The second-floor unit features 3 bedrooms and 1 bath, occupied by a long-term tenant providing instant cash flow. Each unit has separate utilities. Additional features include a two-car garage for parking or extra rental income, along with an additional lot perfect for expansion, outdoor living, or future development. This property sits on a well-maintained block surrounded by neighborhood pride. With strong rental demand from students, staff, and faculty, plus the potential for University of Chicago employee housing incentives, this is a smart and secure addition to your portfolio. Whether you're looking to live in one unit while your tenant helps cover the mortgage or rent out both for maximum returns, this is a true turnkey opportunity in one of Chicago's most dynamic neighborhoods. Schedule your private tour today! This property is being sold as is .
Multi-familyProperty Type
1898Year Built
3,125 sq ftLot Size
2 car garageParking
Listed by Kristen Roussev• Village Realty, Inc.
Bought with Tameka Lewis-Madkins• Keller Williams Preferred Rlty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
2,928 Sq. Ft.
Year renovated
—
Sq. Ft.
2,686
Year built
1909
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
20222180240000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
RT-4
Residential Two-Flat, Townhouse and Multi-Unit District
The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service
Property details
Parking
Parking Information
# of Garage Spaces: 2
# of Parking (Total): 2
Parking Features: Detached, Garage
Interior
Bathroom Information
# of Baths (Full): 2
Bedroom Information
# of Bedrooms: 5
# of Bedrooms Possible: 5
Additional Rooms Information
Basement: Unfinished, Full
Interior Features
# of Rooms: 7
Multi-Unit Information
3 Br Unit(s) In Bldg: Yes
Unit Type 1 Information
Floor Number: 2
# of Rooms: 3
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: 0
Tenant Pays: None
Lease Expiration Date: 0
Unit Type 2 Information
Floor Number: 3
# of Rooms: 4
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Rent: $1,000
Tenant Pays: Electric,Gas
Lease Expiration Date: Monday, September 1, 2025
Exterior
Building Information
# Of Units in Building: 2
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Construction Materials: Brick, Stone
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 20222180240000
Lot Information
Dimensions: 25 X 125
Lot Size: Less Than .25 Acre
Financial
Tax Information
Tax Annual Amount: $3,618.74
Tax Year: 2023
Financial Information
Finance Code: FHA
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas
Location
School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Location Information
Township: Hyde Park
Corporate Limits: Chicago
Directions: I94 Expressway South to Marquette Road (6510 South), turn east to Rhodes Ave.
Public facts
Beds: 6
Baths: 2.0
Sq. Ft.: 2,686
Stories: 2.0
Lot Size: 2,928 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1909
Year Renovated: —
County: Cook County
APN: 20222180240000
Home facts updated by county records on Jul 13, 2026
Other
Listing Information
Holds Earnest Money: No
Possession: Closing
Some Photos Virtually Staged?: No
Teams Information
Buyer Team Name: The Superb Home Group
Around this home
Schools
Till Elementary Math & Science Academy
Public PreK-8 • Assigned • 0.2mi
3/10
Hirsch Metropolitan High School
Public 9-12 • Assigned • 1.6mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 13 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60637
Average low and high temperatures (°F)
30
18
38
25
53
36
60
44
66
52
80
65
84
71
80
68
77
63
68
52
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$449,000 – $544,000
Reach more buyers when you sell with Redfin. Save up to $4,722 in fees.3 minutes to get started.