6450-6458 S Stony Island Avenue, Chicago, IL 60637
- $2,150,000
Description
Located at 6450-6458 S Stony Island Ave, Chicago, IL 60637, this 25-unit apartment building with 5 ground-floor retail storefronts offers investors a rare chance to reposition a significant mixed-use property in the heart of Woodlawn, just steps from South Shore. The 25 residential units offer scale for a multi-family repositioning, partially-occupied with 5 vacant retail storefronts. With the right vision and capital, this property has the potential to deliver strong long-term cash flow and become a landmark investment along the Stony Island corridor. Neighborhood highlights: Woodlawn is a hub of transformation, fueled by the upcoming Obama Presidential Center, University of Chicago expansion, and significant public and private investment. South Shore offers lakefront amenities, the South Shore Cultural Center, golf course, and beaches, all minutes away. Excellent access to CTA, Metra, and major thoroughfares position this property for high tenant demand and sustained growth. This is a rare opportunity to acquire a large-scale mixed-use building in a rapidly-appreciating neighborhood. Ideal for value-add investors and developers ready to create a cornerstone asset in one of Chicago’s most exciting growth corridors.
- Listing Courtesy of: Century 21 S.G.R., Inc.
Details
Updated on June 19, 2026 at 9:56 am-
Property ID MRD12452087
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Price $2,150,000
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Year Built 1925
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Property Type Bad
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Property Status Active Under Contract
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Parcel Number 20232170160000
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MLS Status Contingent
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Co List Agent MLS ID MRD143843
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Days On Market 139
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Cumulative Days On Market 289
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Cooling Central Air
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Directions north/south on Stony Island to property
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LotSizeSquareFeet 12500
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StoriesTotal 3
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Zoning COMMR
Address
Open on Google Maps- Address 6450-6458 S Stony Island Avenue
- City Chicago
- State/county IL
- Zip/Postal Code 60637
- Country United States
Overview
- Bad
- 1925
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