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6520 S Ellis Ave
Multi-Family
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$549,000

6520 S Ellis Ave, Chicago

53% below median
7 bd·3 ba·0 sqft
Built 1909Woodlawn

6520 S Ellis Ave, Chicago, IL

7 bd · 3 ba · 0 sqft Multi-Family listed at $549,000, built in 1909 in the Woodlawn neighborhood.

About this home

The Obama Presidential Center is opening this June! Grab your investment property now. East Woodlawn two-unit property with all the updates, that is move-in ready. The first-floor unit is a spacious 4-bedroom duplex, including two bedrooms that can accommodate a king-size bed with nightstands, two living areas, two full bathrooms, an updated kitchen with stainless steel appliances and a dishwasher, and a private laundry room with storage. It also has a private entrance, so it's perfect for related living or a short-term rental crash pad. The second-floor unit features a 3-bedroom, 1-bathroom simplex with L-shaped kitchen, laundry, and a bedroom that can accommodate a king-size bed. Both units have ALL separate utilities, each with a large bedroom with a large closet AND individual laundry, which is a rarity in traditional Chicago multifamily homes. Then step out the backdoor to a nice-sized deck, yard, and brick 2-car garage. Live in one and rent out the other - maximize all that Woodlawn can offer your portfolio. It is ready for move-in now.

Property details

Price
$549,000
Bedrooms
7
Bathrooms
3
Year built
1909
Type
Multi-Family
Days on market
75
Est. property tax
$11,419/yr · $952/mo · 2.08% IL avg
Last sold
$207,000 · Jul 2002

Estimated monthly payment

Down payment20% ($109,800)
Interest rate6.75%
Principal & Interest$2,849
Property Tax$503
Insurance$150
Total$3,502/mo

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Price history

▼ 2.8%Most recent change on 2026-04-20: $565,000 → $549,000.

$628K$312K$-4K$49K on Aug 91 (Sold)$70K on Dec 95 (Sold)$207K on Jul 02 (Sold)$149K on Feb 17 (Initial list)$150K on Jun 17 (Sold)$575K on Nov 25 (Initial list)$575K on Feb 26 (Initial list)$565K on Apr 26 (Price change)$549K on Apr 26 (Price change)
$49K · Aug 91$549K · Apr 26
  1. Apr 20, 2026$549,000Price change
  2. Apr 6, 2026$565,000Price change
  3. Feb 10, 2026$575,000Initial list price
  4. Nov 18, 2025$575,000Initial list price
  5. Jun 2, 2017$150,000Sold
  6. Feb 15, 2017$149,000Initial list price
  7. Jul 2, 2002$207,000Sold
  8. Dec 7, 1995$69,500Sold
  9. Aug 1, 1991$49,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

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Home Intelligence

Neighborhood (zip 60637)

This neighborhood skews young (median age 31.2) and is primarily renter-occupied (26% owner-occupied). 14% hold a bachelor's degree; median household income is $37,247.

Median income
$37,247
Median age
31.2
Owner-occupied
25.7%
Bachelor's degree
14.4%
Census median home value
$240,600

Source: US Census Bureau American Community Survey 5-year estimates.

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