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$ 350,000
Est. payment | /mo
8 Beds
3 Baths
$ 350,000
Est. payment | /mo
8 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12532486
Bedrooms 8
Year Built 1916
Annual Tax Amount $4,629
Tax Year 2024
Lot Dimensions 3050 sq ft
Property Sub-Type Two to Four Units
Property Description
An excellent opportunity for both investors and owner-occupants at this 2-unit property offering immediate usability with value-add potential. The building features spacious units with functional layouts, providing a strong foundation for those looking to make modest cosmetic updates to enhance value, increase rents, or personalize their living space. For owner-occupants, this is a prime house-hack opportunity-live in one unit while generating income from the other, with the flexibility to update over time. For investors, the property offers consistent rental demand in the area and the chance to improve cash flow through light renovations. Conveniently located near public transportation, schools, parks, and major thoroughfares, this property balances accessibility with long-term investment appeal. Property is being sold AS-IS, making it a straightforward opportunity for buyers who recognize the upside in strategic cosmetic improvements. Whether your goal is steady income, appreciation, or both, 6240 S Evans Ave presents a smart and flexible investment.
Location
State IL
County Cook
Area Chi - Woodlawn
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Asya Muhammad of Coldwell Banker Realty
O'Neia Washington
Designated Managing Broker | License ID: 471008905
+1(773) 985-2135 | oneia@owauctiongroup.com