6033 S RHODES Avenue, Chicago, IL

$340,000

Overview

  • 76268
  • Property ID
  • Updated On:
  • April 1, 2026
  • 7
  • Bedrooms
  • 2
  • Bathrooms

Description

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.

Bathrooms
2
Bedrooms
5+
Climate Control
Heating
Garden
Yes
Other Features
Brick
Indv Controls
Lake Michigan
Owned
Park
Public Sewer

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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$1,743.25
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,318.25

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Information for the property at 6033 S RHODES Avenue, Chicago, IL, 60637 (Property ID: 76268) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.
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Sunita Kakarlapudi