Located in hig hly sought after south Woodlawn community this building is a blank slate waiting for its artist to bring back to life!

The building is situated on a large corner lot and features an all brick exterior with a fenced yard. The building was at one time a legal three unit and has been stripped completely on the interior and is a shell. There is no flooring, no walls, nothing on the interior, three stories of brick with the interior needing to be finished. Former owner did replace the roof and did some tuckpointing to the property, buyer will assume the repairs but the potential is endless. WE are seeing renovated values in the mid $300K range, make 3 bedrooms per unit and create a cash cow or duplex the first floor unit to the basement and make one of the units an owners unit while watching your equity soar!

The location is hard to beat, close to Skyway, Lake and public transportation, there s so much potential with this building and at this price will not last long.

Request Information
on 7225 S Woodlawn Ave
in Chicago, IL
Presented by Ryan Smith at
RE MAX Properties.


Property MLS #12107263 from MRED

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bedrooms

Bedrooms: 3
Bedrooms Possible: 3

+ Other Rooms

Total Rooms: 3
Basement Features: Full, Walkout
Basement Description: Unfinished

+ Bathrooms

Total Bathrooms: 0

+ Appliances

Yes

+ Heating and Cooling

Heating Features: Natural Gas

+ Land Info

Lot Size Acres: 0.0803489
Lot Size Dimensions: 35 X 100
Lot Size Square Feet: 3500

+ Garage and Parking

Parking Total: 2

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

Elementary School District: 299
High School District: 299
+ Display Complete School Details

Revere Elementary School is a public elementary and middle school located approximately 0.3 miles away.
Map directions

Chicago Vocational Career Academy High School is a public high school located approximately 2.1 miles away.
Map directions

Muhammad University is a private elementary and middle school located approximately 0.5 miles away.
Map directions

+ Multi-Unit Info

Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Rooms in Unit-1: 1
Total Rooms in Unit-2: 1
Total Rooms in Unit-3: 1
Unit-1 Description: Unit 1
Unit-2 Description: Unit 2
Unit-3 Description: Unit 3
Unit-2 Square Feet: 1

+ Other Property Info

Annual Tax Amount: 379.00
Source Listing Status: Pending
County: Cook
Directions: 71st Ave, west of Cottage Grove to Woodlawn, south to property, corner lot
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 20262080140000
Township: Hyde Park
Property Subtype: Two to Four Units
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2021	$3,140 + $4,860 $8,000	$403
2020	$9,358 + $4,276 $13,634	$1,793
2019	$11,044 + $4,276 $15,320	$1,837
2018	$11,044 + $4,276 $15,320	$1,804
2017	$14,138 + $3,888 $18,026	$3,880
2016	$14,138 + $3,888 $18,026	$3,610
2015	$14,138 + $3,888 $18,026	$3,303
2014	$11,982 + $3,110 $15,092	$2,800
2013	$11,982 + $3,110 $15,092	$2,744
2012	$11,982 + $3,110 $15,092	$2,708
2011	$13,181 + $4,276 $17,457	$2,828
2010	$13,181 + $4,276 $17,457	$2,840
2009	$13,181 + $4,276 $17,457	$2,722
2007	$18,369 + $4,199 $22,568	$3,205
2006	$18,369 + $4,199 $22,568	$3,239

+ Reveal Property Sale History

Listed 2024-07-10
$85,000
MRED

---

Sold 2022-11-28
$67,000
Public Record

+ Building and Construction

Year Built: 1910
Property Age: 114

+ Utilities

Sewer: Public Sewer
Water Source: Lake Michigan, Public