Property for Sale: 6557 S Minerva, Chicago, IL 60637

$1,650,000
$1,650,000
6557 S Minerva, Chicago, IL 60637
$1,650,000
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Price:
$1,650,000

Type Commercial
Year Built 1903

City Chicago
County Cook

MLS 12170537
Status Active
We are pleased to present for sale 6557 S Minerva, a three-story 10-unit apartment building located in the East Woodlawn neighborhood of Chicago. The property is located ~six blocks west of the Jackson Park Golf Course and ~5 blocks south of The University of Chicago, in immediate proximity to the future Obama Presidential Library. The property experienced a complete gut rehab in 2004 deconverting unit count from 12 to 10 for multi-floor, condo-quality residences. The unit makeup is: five (5) 3 Bed/2 Bath & five (5) 2 Bed/2 Bath. All units feature hardwood flooring and tile throughout and modern kitchen features: granite countertops, modern cabinets, updated appliances, and dishwashers. The property also features copper plumbing, in-unit updated electric boxes, in-unit laundry facilities, and individual in-unit hot water tanks. From an economic perspective, the property features residents with below-market rental rates that allows a future operator to benefit from the opportunity to bring leases to market rental rates in a location that benefits from long-term economic improvement investment stability.

Lot & Building Features

Cooling Central Air
Tax Year 2023
Lot Dimensions 49' X 126' ft

Price History of 6557 Minerva, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $1,650,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Erin Cotter
Direct: 773-879-1060
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by 33 Realty, Thomas Hart
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6.75%
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6557 Minerva (MLS #12170537) is a commercial listing located in Chicago, IL. This property was listed on 09/25/2024 and has been priced for sale at $1,650,000.

Nearby zip codes are 60615, 60619 and 60649.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: 33 Realty