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6624 S Rhodes Ave
Multi-Family
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$370,000

6624 S Rhodes Ave, Chicago

69% below median
6 bd·2 ba·0 sqft
Built 190010,890 sqft lotWest Woodlawn

6624 S Rhodes Ave, Chicago, IL

6 bd · 2 ba · 0 sqft Multi-Family listed at $370,000, built in 1900 in the West Woodlawn neighborhood.

About this home

2nd floor fully refreshed and now vacant; 1st floor minor repairs completed and vacant but on the market for rent. Feel free to send your clients! recently renovated, historic greystone 2-unit in the HOT Woodlawn neighborhood! 8 minutes from the Presidential Obama Center which opens in June of this year. This classic Chicago beauty is perfect for an owner-occupant "house hacker" or a savvy investor looking for strong rental potential in a rapidly appreciating area. Both floors offer a freshly updated 3 bedroom / 1 bath layout that's move-in ready or ready to rent from day one. You'll love the warm hardwood floors, modern kitchen with updated cabinetry and finishes, and a beautifully refreshed bathroom that gives the space a clean, contemporary feel. The spacious living and dining areas are ideal for entertaining, working from home, or simply spreading out. Each unit has separate gas and heat, with forced-air furnaces in each unit, allowing for individual utility control and helping keep owner expenses manageable. A tall, unfinished basement provides tons of storage now and great long-term potential-whether you envision additional living space, laundry, or other value-add possibilities (buyer to verify with the city). Outside, the property continues to impress: Fenced backyard - perfect for pets, gardening, or summer get-togethers Parking slab that fits two cars - off-street parking is a major plus in the city New rear back porch - added safety, usability, and curb appeal The location is unbeatable. This building is part of the chicago low-income housing trust fund program. This building sits in the heart of Woodlawn, one of Chicago's most exciting growth corridors, just minutes from: Lake Shore Drive and the lakefront The upcoming Obama Presidential Center/Library The University of Chicago, U of C Hospital, and all the surrounding academic and employment hubs. Whether you plan to live on the first floor and let the second unit help cover your mortgage, or rent both units for strong long-term cash flow, this property checks all the boxes: updated condition, classic greystone charm, separate utilities, parking, and a prime location in a neighborhood with major ongoing investment. Come see why so many buyers and investors are choosing Woodlawn-this greystone is a standout opportunity!

Property details

Price
$370,000
Bedrooms
6
Bathrooms
2
Year built
1900
Lot size
10,890 sqft
Type
Multi-Family
Days on market
95
Est. property tax
$7,696/yr · $641/mo · 2.08% IL avg
Last sold
$326,000 · May 2022

Estimated monthly payment

Down payment20% ($74,000)
Interest rate6.75%
Principal & Interest$1,920
Property Tax$339
Insurance$150
Total$2,409/mo

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Price history

▼ 1.2%Most recent change on 2026-04-14: $374,500 → $370,000.

$418K$191K$-36K$22K on Apr 84 (Sold)$45K on Apr 16 (Initial list)$45K on Jun 17 (Price change)$88K on Apr 18 (Initial list)$83K on May 18 (Price change)$78K on May 18 (Price change)$74K on Jun 18 (Sold)$240K on Aug 19 (Initial list)$210K on Jan 20 (Price change)$208K on Feb 20 (Price change)$200K on Mar 20 (Price change)$186K on Jul 20 (Sold)$1K on Apr 21 (Price change)$320K on Dec 21 (Initial list)$320K on Mar 22 (Price change)$326K on May 22 (Sold)$380K on Dec 25 (Initial list)$380K on Jan 26 (Initial list)$380K on Feb 26 (Price change)$375K on Mar 26 (Price change)$370K on Apr 26 (Price change)
$22K · Apr 84$370K · Apr 26
  1. Apr 14, 2026$370,000Price change
  2. Mar 9, 2026$374,500Price change
  3. Feb 24, 2026$379,500Price change
  4. Jan 20, 2026$380,000Initial list price
  5. Dec 5, 2025$380,000Initial list price
  6. May 4, 2022$325,800Sold
  7. Mar 29, 2022$320,000Price change
  8. Dec 28, 2021$320,000Initial list price
  9. Apr 13, 2021$1,400Price change
  10. Jul 15, 2020$186,100Sold
  11. Mar 8, 2020$199,900Price change
  12. Feb 29, 2020$207,900Price change
  13. Jan 27, 2020$209,900Price change
  14. Aug 14, 2019$239,900Initial list price
  15. Jun 29, 2018$74,000Sold
  16. May 20, 2018$77,900Price change
  17. May 15, 2018$82,900Price change
  18. Apr 30, 2018$87,900Initial list price
  19. Jun 22, 2017$45,000Price change
  20. Apr 4, 2016$45,000Initial list price
  21. Apr 1, 1984$22,000Sold

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

Map of 6624 S Rhodes Ave, Chicago
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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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