6500 S Dorchester AVE, Chicago, IL 60637
6500 S Dorchester AVE, Chicago, IL 60637
6500 S Dorchester AVE, Chicago, IL 60637
6500 S Dorchester AVE, Chicago, IL 60637
6500 S Dorchester AVE, Chicago, IL 60637
6500 S Dorchester AVE, Chicago, IL 60637
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Mark Rantis

Mark Rantis

+1(847) 606-5272
$ 650,000
Est. payment | /mo

9 Beds

6 Baths

3,920 Sqft Lot

Save
$ 650,000
Est. payment | /mo
Save

9 Beds

6 Baths

3,920 Sqft Lot

Open House

Sat May 02, 11:00am - 2:00pm

Sun May 03, 11:00am - 3:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12627094

Bedrooms 9

Year Built 1891

Annual Tax Amount $9,615

Tax Year 2024

Lot Size 3,920 Sqft

Lot Dimensions 30x125

Property Sub-Type Two to Four Units

Property Description

Rarely does an opportunity like this come along at this price point. Priced at $650,000, this 3-unit sits just steps from the future Obama Presidential Center and near the rapidly transforming 63rd Street corridor. The $800M Woodlawn Central development, an 8-acre mixed-use project, is expected to bring a hotel, theater, technology center, retail, restaurants, residential towers, and a vertical farm to the neighborhood. Each unit features a generously sized primary bedroom with en-suite bath, a private balcony, and a cozy fireplace in the living room. With two units vacant, you have immediate flexibility to set market rents or design your ideal living setup. This property offers a clear value-add opportunity for buyers looking to build equity in a rapidly appreciating market. Live in one unit while generating rental income from the others, or hold as a long-term investment in one of Chicago's most closely watched growth corridors. Each unit has its own PIN, offering a potential path to future condo conversion. Gated rear parking for three vehicles and tenant-paid utilities add to the appeal. Conveniently located near Mt. Carmel High School and the Metra line. Sold as-is.

Location

State IL

County Cook

Area Chi - Woodlawn

Rooms

Basement Unfinished, Crawl Space, Partial

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Aluminum Siding,Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Aluminum Siding,Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Darryl Toney of  Jason Mitchell Real Estate IL 
Mark Rantis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(847) 606-5272

mark@therantisgroup.com

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6500 S Dorchester AVE