Turnkey 3-Unit Greystone Gem in Historic Woodlawn! Welcome to 6409 S Rhodes - a rare and timeless 1892 Greystone located in the heart of the vibrant and evolving Woodlawn community. This rock-solid 3-unit building is just one block from the Emmett Till childhood home and within close proximity to the future Obama Presidential Library, offering tremendous upside potential in a neighborhood steeped in cultural history and poised for long-term growth. Situated on a quiet and well-kept block where there is new development on the block and surrounding area. The structure boasts a solid infrastructure. All three units feature spacious layouts with 3 bedrooms and 1.5 bathrooms, providing ideal configurations for tenants or multigenerational living. The owner's unit is a duplex down, offering additional living space, flexibility, and comfort. An income generator, this property comes with tenants already in place. Here's where it gets even better: This sale includes the rare opportunity to assume the existing mortgage under the assumption clause - with a below-market interest rate. This could translate into 5-6 figures in interest savings over the life of the loan compared to current rates. Take advantage of today's appreciating market while locking in yesterday's financing. Whether you're a seasoned investor or owner-occupant looking for passive income. This property is ready for the next savvy investor. Don't miss your chance to own a piece of Chicago history with long-term potential in one of the city's most promising corridors. Schedule your private showing today - opportunities like this are rare in the Woodlawn area! AS IS sale.

Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty



Based on information submitted to the MLS GRID as of 2025-06-06 11:07 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-06-06 11:07 AM UTC
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