INVESTOR SPECIAL IN WEST WOODLAWN. Solid two flat with 4 bedrooms and 1 bath in each unit, a rare bedroom count that rents itself. The second floor unit is already leased at $1,850 per month, giving you income from day one. The first floor unit is a clean canvas needing cosmetic updating, and that is where the upside lives. The big ticket items are already handled. Full tear off roof in 2025 and new furnaces in 2026, so your budget goes toward finishes and value add, not mechanicals and emergencies. Run the numbers your way. House hack: live in one unit and let the tenant above cover the note. Rehab and rent both for full market income. Or duplex the first floor down to the basement and create a spacious owner's unit with a layout that actually functions for modern living. The block is moving. New construction has broken ground at the end of the street, and 6430 S. Eberhart sold for $582,000 in late January. West Woodlawn is minutes from the Obama Presidential Center, the University of Chicago, and Lake Shore Drive, and values are following. Sold as is. Bring your vision and your contractor. Your window to get into West Woodlawn is right now.
— the listing agent’s description
The home
8 beds
2 baths
Built in 1903
0.07-acre lot
Two to Four Units
What it’ll cost
$4,635 taxes / yr
No HOA
7 days on dwello
Estimated monthly payment
$2,551/mo
Principal & interest$2,052
Property taxes$386
Homeowners insurance$113
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.
Features
Natural GasBrickPublic SewerOff AlleyOff Street
Schools nearby
Dulles Elementary School · 0.2 mi
Emmett Louis Till Math and Science Academy · 0.3 mi
John Fiske Elementary School · 0.5 mi
Brownell Elementary School · 0.6 mi
CICS Washington Park School · 0.6 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.