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6520 S Ellis Avenue

$499,900
6520 S Ellis Avenue, Chicago, IL 60637
6520 S Ellis Avenue

6520 S Ellis Avenue

$499,900

Why pay a full mortgage when tenants can cover it? Turnkey East Woodlawn 2-flat with massive income potential. Unit 1: 4BD/2BA duplex with 2 living areas, stainless steel appliances, and in-unit laundry/storage. King-sized beds fit easily, making it ideal for short-term rentals, house hacking, or related living. Unit 2: Bright 3BD/1BA with L-shaped kitchen, in-unit W/D, and a primary bedroom that fits a king. Bonus: The lower level offers flexibility as a plug-and-play short-term rental crash pad or can be converted into a future standalone unit with already existing private entrances. The building has separate utilities, a rear deck for each unit, a yard, and a gorgeous all-masonry 2-car brick garage. Location is a dream. You are minutes from the University of Chicago, Lake Michigan beaches & trails, and within walking distance of public transit - including the Green Line to downtown and all the dining and shopping districts we love in Hyde Park. Driven by $500M+ at the Obama Presidential Center and UofC expansion, Woodlawn home values have outpaced city averages by 12%. 4-bed short-term rentals average $325+/night nearby. Live in one, rent the rest, or collect multiple checks from day one.
Naja Morris
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Features & Amenities

Interior

Total Bedrooms 7
Total Bathrooms 3

Exterior

Garage Space 2.0
Water Source Public
Parking Garage Door Opener, Yes, Garage Owned, Detached, Garage
Heat type Natural Gas
Sewer Public Sewer

Area & Lot

Status For Sale
Open House 8/15/2026, 12:00 PM - 1:00 PM
MLS® ID 12731749
Type Multi-Family
Year Built 1909
Neighborhood Woodlawn
School District 299

Financial

SALES PRICE $499,900
REAL ESTATE TAXES $7,436/yr
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