


6500 S Dorchester AvenueChicago, IL 60637
Multi-Family · 9 Beds · 0.09 Acres6500 S Dorchester Avenue Overview
- Time on Site:
- 3 days
- Visits:
- 0
Rarely does an opportunity like this come along at this price point. Priced at $650,000, this 3-unit sits just steps from the future Obama Presidential Center and near the rapidly transforming 63rd Street corridor. The $800M Woodlawn Central development, an 8-acre mixed-use project, is expected to bring a hotel, theater, technology center, retail, restaurants, residential towers, and a vertical farm to the neighborhood. Each unit features a generously sized primary bedroom with en-suite bath, a private balcony, and a cozy fireplace in the living room. With two units vacant, you have immediate flexibility to set market rents or design your ideal living setup. This property offers a clear value-add opportunity for buyers looking to build equity in a rapidly appreciating market. Live in one unit while generating rental income from the others, or hold as a long-term investment in one of Chicago's most closely watched growth corridors. Each unit has its own PIN, offering a potential path to future condo conversion. Gated rear parking for three vehicles and tenant-paid utilities add to the appeal. Conveniently located near Mt. Carmel High School and the Metra line. Sold as-is.
6500 S Dorchester Avenue Facts & Features
- Type Multi-Family
- Lot 0.09 Acres
Details
General
School Information
- School District: 299
Building Information
- New Construction: No
- Year Built: 1891
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Woodlawn
- Township: Hyde Park
Tax Information
- Tax Annual Amount: $9,615.00
- Tax Year: 2024
General Information
- Ownership: Fee Simple
- Parcel Number: 20232131060000
- Property Type: Residential Income
- Special Listing Conditions: None
Interior
Parking Information
- Half Baths Building: 0
Beds/Baths
- Bathrooms Total: 6
- Bedrooms Total: 9
- Bedrooms Possible: 9
- Full Baths Building: 6
General Information
- Basement: Unfinished, Crawl Space, Partial
- Heating: Natural Gas
- Rooms Total: 23
Exterior
Parking Information
- Parking Features: Yes, Owned
- Parking Total: 3
Lot Information
- Lot Size Dimensions: 30x125
- Water Source: Lake Michigan
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Aluminum Siding, Brick
General Information
- Sewer: Public Sewer
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 3
- Baths Total: 2
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 3
- Baths Total: 2
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 3
- Baths Total: 2
6500 S Dorchester Avenue Neighborhood
Community
60637 (CHICAGO) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.6500 S Dorchester Avenue Monthly Cost
6500 S Dorchester Avenue Market Data
Based on the last 30 days in this zip code
6500 S Dorchester Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: MRED | Active |
|
| 6/26/2026Source: MRED | June 26, 2026 |
|
| 6/20/2022Source: MRED | January 27, 2022 |




































