House for sale

Introducing a unique opportunity to own a six unit brick building in highly desirable East Woodlawn. This property offers significant potential for the savvy developer or investor, with endless possibilities for transformation. This property is a blank canvas awaiting your vision: these units can be converted into luxurious condos, perfect for resale in a high demand market. Convert them into modern rental units, providing a reliable income stream or renovate and create an incredible short term rental property. With a large unfinished basement, the building can be converted to (4) 2 bed/2 bath units + (2) 4 bed/3 bath duplex down units. It can also be converted to have (2) full floor units and (2) duplex down units. There are many options. The building features a classic brick exterior with lovely front balconies, adding to its charm and appeal. Situated on a deep lot, there's potential to extend the structure and still provide green space and parking. Currently there's a 3 car garage at the rear of the lot. The roof was replaced in 2022. The location is unbeatable, with easy access to public transportation, Lake Shore Drive, shopping, and dining options. It's also conveniently located near parks and steps away from the University of Chicago campus, making it attractive to a broad range of potential buyers or tenants.