6033 S RHODES Avenue
Chicago, IL, 60637
$340,000
7 Beds
2 Baths
0 SqFt
0 Acres
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$340,000
6033 S RHODES Avenue
Chicago, IL, 60637
MLS #MRD12603134 image #0MLS #MRD12603134 image #1MLS #MRD12603134 image #2MLS #MRD12603134 image #3MLS #MRD12603134 image #4MLS #MRD12603134 image #5MLS #MRD12603134 image #6MLS #MRD12603134 image #7MLS #MRD12603134 image #8MLS #MRD12603134 image #9MLS #MRD12603134 image #10MLS #MRD12603134 image #11MLS #MRD12603134 image #12MLS #MRD12603134 image #13MLS #MRD12603134 image #14
Well-maintained, all-brick legal 2-unit building offered at an attractive price point, presenting a strong opportunity for investors or owner-occupants seeking value in a rapidly growing area. The property will be delivered vacant at closing, allowing new ownership immediate flexibility to lease at market rates, renovate, or reconfigure to maximize returns. Both units are fully operational and rent-ready, with all appliances in working condition, offering immediate income potential from day one. Functional layouts and solid condition provide a strong foundation for both turnkey rental or a value-add strategy. The building has benefited from consistent maintenance and key system upgrades over time. Major improvements include copper plumbing throughout, a newer main sewer line (replaced within the last 6 years), updated furnaces (two units ~14 years old, basement furnace ~6 years old, all regularly serviced), a well-maintained asphalt roof, and windows in good condition. Additional enhancements include ceiling insulation across all levels and a newer exterior two-story deck built to code. The property features a full unfinished basement with insulation already in place, offering excellent potential for duplex-down expansion or additional value creation. Laundry is available via coin-operated machines in the basement, and the second-floor unit is equipped with a 220V hookup for in-unit laundry. Rear parking pad provides off-street parking convenience. Ideally located near the University of Chicago and within close proximity to the future Obama Presidential Center, this property sits in the path of continued neighborhood growth and investment.A compelling opportunity to acquire a solid building with immediate income potential and long-term upside in a high-demand rental and development corridor.

Property Details

Price:
$340,000
MLS #:
MRD12603134
Status:
Active Under Contract
Beds:
7
Baths:
2
Type:
Multi Family
Neighborhood:
chiwoodlawn
Listed Date:
Mar 31, 2026
Chi – WoodlawnChiwoodlawn

Schools

School District:
299

Interior

Heating
Indv Controls

Exterior

Community Features
Park
Construction Materials
Brick
Parking Features
Yes, Owned
Parking Spots
2
Parking Total
2

Financial

Tax Year
2024
Taxes
$5,161
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Apr 08, 2026
1,346
Multi Family Listed
81
Avg DOM
$506,350
Avg List Price

Community

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Property Summary

    6033 S RHODES Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60637. It is listed for $340,000 To schedule a showing of MLS#mrd12603134 at 6033 S RHODES Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
6033 S RHODES Avenue
Chicago, IL