6220 S King Dr 3 Unit Apartment Building Offered at $1,120,064 CAD at a 7.08% Cap Rate Chicago, IL 60637

Gorgeous NEW Construction 3-unit in prime Woodlawn Location. Bottom and Middle Units are rented for $2,000/month. Top unit has been left vacant for a potential ownmer occupant. Built by an experienced local builder and includes a 1-year developer's warranty. Contemporary & Modern design with the perfect blend of city living and convenience. Each unit has a spacious, open-concept layout and condo-quality features, such as 42" cabinets, stainless steel appliances, recessed lighting, and in-unit laundry. Each unit is a large 3 bed/ 2 bath, with a luxury master bathroom at the rear and extra build-out storage closets. Located in the vibrant Woodlawn neighborhood, on the border wih Washington Park, this property offers unbeatable convenience, 2-minute walk to CTA line and easy access to Washington Park, Jackson Park, the lakefront, beaches, and the harbor. The highly anticipated Obama Presidential Center will further enhance this thriving community, already known for its unique dining, coffee shops, and nearby grocery stores. Prime investment opportunity, positioned for cash flow, appreciation, and creating generational wealth in one of Chicago's most exciting neighborhoods. Can arrange property management for any out-of-state buyers.