$275,000
6611 S Peoria Street
Chicago, IL, 60621
Nestled on the southern edge of the rapidly developing Englewood neighborhood, this solid historic grey-stone presents an incredible opportunity for savvy investors. With its charming grey-stone exterior, the property boasts two spacious, well-proportioned units that are perfect for rehab and rental. The full basement offers potential to be transformed into a third unit (though the seller makes no claims to the legal use of the basement as a separate unit), adding even more opportunity for income. Whether you choose to rehab and rent both units or live in one while generating rental income from the other, this property offers a win-win situation for any investor. The location is equally impressive, just steps from the historic Marquette Blvd, and only minutes from the Dan Ryan Expressway and Red Line, offering unbeatable convenience. Englewood is undergoing a significant transformation with new developments in the area, making this the perfect moment to secure a property before prices rise. Don’t miss out on this exceptional investment opportunity!
Property Details
Price:
$275,000
MLS #:
MRD12333598
Status:
Active Under Contract
Beds:
5
Baths:
2
Address:
6611 S Peoria Street
Type:
Multi Family
Neighborhood:
CHI – Englewood
City:
Chicago
Listed Date:
May 6, 2025
State:
IL
ZIP:
60621
Year Built:
1895
Schools
School District:
299
Interior
Heating
Forced Air
Exterior
Community Features
Other
Construction Materials
Brick, Stone
Parking Features
On Site, Other
Parking Spots
2
Financial
Tax Year
2023
Taxes
$1,582
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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6611 S Peoria Street
Chicago, IL
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