Active
6557 S Minerva Avenue
Chicago IL, 60637
$1,650,000
Active
Multi-family
Built in 1903
Courtesy of 33 Realty
We are pleased to present for sale 6557 S Minerva, a three-story 10-unit apartment building located in the East Woodlawn neighborhood of Chicago. The property is located ~six blocks west of the Jackson Park Golf Course and ~5 blocks south of The University of Chicago, in immediate proximity to the future Obama Presidential Library. The property experienced a complete gut rehab in 2004 deconverting unit count from 12 to 10 for multi-floor, condo-quality residences. The unit makeup is: five (5) 3 Bed/2 Bath & five (5) 2 Bed/2 Bath. All units feature hardwood flooring and tile throughout and modern kitchen features: granite countertops, modern cabinets, updated appliances, and dishwashers. The property also features copper plumbing, in-unit updated electric boxes, in-unit laundry facilities, and individual in-unit hot water tanks. From an economic perspective, the property features residents with below-market rental rates that allows a future operator to benefit from the opportunity to bring leases to market rental rates in a location that benefits from long-term economic improvement investment stability.
12170537
MLSⓇ ID
September 25, 2024
Listed
November 4, 2024
Updated
Map
6557 S Minerva Avenue
Chicago IL, 60637
Interior Features
Total Stories
3
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Other Property Details
Area Name
CHI - Woodlawn
Taxes
$16,516
Tax Frequency
Annually
Days on Market
42
Garage
No
View
No
County
Cook
Pool
No
Zoning
MULTI
Courtesy of 33 Realty, Thomas Hart,
Listing Contact: 219-465-8584
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Data last updated 4:49 PM UTC, 11/4/2024