Active
5 beds
6602 S Marquette Rd, Chicago, IL 60637
Est: $1,988/moGet pre-approved
Multi FamilyProperty Type
3,125 sq ftLot Size
1899Year Built
2 carsParking Spaces

Description

Positioned in the heart of Chicago's historic Woodlawn neighborhood, this classic two flat presents an attractive opportunity for investors, owner occupants, and buyers seeking long-term value in an evolving South Side market. The property combines the enduring appeal of a traditional Chicago multifamily with multiple avenues to enhance income, improve value, and build equity. The building features two residential units: a 2 bed /1 bath first floor unit and a 3 bed /1 bath second floor unit. Both...Positioned in the heart of Chicago's historic Woodlawn neighborhood, this classic two flat presents an attractive opportunity for investors, owner occupants, and buyers seeking long-term value in an evolving South Side market. The property combines the enduring appeal of a traditional Chicago multifamily with multiple avenues to enhance income, improve value, and build equity. The building features two residential units: a 2 bed /1 bath first floor unit and a 3 bed /1 bath second floor unit. Both apartments offer generous living areas, abundant natural light, high ceilings, and the architectural character associated with Chicago's classic two flats. A full basement provides valuable storage and potential for future expansion or additional usable space, while on site parking adds convenience and enhances tenant appeal. From an investment perspective, the property offers several compelling strategies, including buy and hold, value add renovation, rental income optimization, and owner occupant house hacking. Investors have the opportunity to capitalize on the property's existing two units while exploring improvements that could increase rents, strengthen tenant demand, and enhance long term asset value. The property is situated near the University of Chicago, Jackson Park, and the Obama Presidential Center, as well as the ongoing redevelopment and investment throughout the Woodlawn corridor. Continued neighborhood revitalization, proximity to major institutions, transportation, parks, and cultural amenities provide a strong foundation for future demand and potential appreciation. For investors looking to acquire a multifamily asset in a neighborhood undergoing significant transformation, this Woodlawn two flat offers a compelling combination of income potential, value add upside, and long term appreciation prospects. Tenant on 1st floor pays $1650/month for rent plus utilities.
2 days on Market
Last updated: 09/03/2026 06:20 PM • Source: MRED as distributed by MLS GRID, MLS#: 12748855

Location

Listing Courtesy of EXIT Strategy Realty
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$1,988 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,652

Property Taxes

$336

HOA Dues

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Property Information for 6602 South Marquette Road

Property Details
  • Taxes: $4,030 / year
  • MLS Type: Two to Four Units / 2 Flat
  • County: Cook County
  • Area: CHI - Woodlawn
  • Township: Hyde Park
  • Ownership: Fee Simple
  • Heat/Fuel: Natural Gas
  • Zoning: MULTI
Building Information
  • Residences: 2
  • Year Built: 1899
  • Lot Size: 0.07 AC / 3,125 SF
General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Off Alley, Yes
Property Information
Interior Features
  • Num Of Rooms: 11
  • Bedrooms Total: 5
  • Bedrooms (Below Grade): 0
  • Basement Type: Unfinished, Full
  • Bedrooms Possible: 5
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2024
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Standard Chicago Lot
  • Lot Dimensions: 25X125
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick, Stone
  • Construction: Brick, Stone
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 6600
  • East Coordinate: 500
  • West Coordinate: 0
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 1
  • Document Date: 2026-09-03T22:11:21
  • Photos Count: 31
  • Habitable Residence: Yes
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,650.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 12/27
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 00/00

Property History for 6602 South Marquette Road

DateEvent & SourcePriceAppreciation
Mar 29, 2022

Sold (Public Record)

Public Record #1490659522

$107,000

-3.7% / yr

Dec 17, 2008

Sold (Public Record)

Public Record #260306274

$176,500

+10.2% / yr

Jun 6, 2007

Sold (Public Record)

Public Record #222978703

$152,000

-23.1% / yr

DateEvent & SourcePrice
03/29/2022

Sold (Public Record)

Public Record #1490659522

$107,000

-3.7% / yr

12/17/2008

Sold (Public Record)

Public Record #260306274

$176,500

+10.2% / yr

06/06/2007

Sold (Public Record)

Public Record #222978703

$152,000

-23.1% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 6602 South Marquette Road

Taxable ValueLand$3,783Additions$16,218Total$20,001
Tax Record2023$2,177 ($181 / month)
Home Facts
Baths2Total Finished SqFt2,130 SqFtAbove Grade Finished SqFt2,130 SqFtStories2Lot Size3,026 SqFtStyleMulti-Family Res (5+ Units)Year Built1899Year Renovated1900ZoningRT-4CountyCOOKAPN20-22-225-019-0000

Schools near 6602 South Marquette Road

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Charter - K to 8
Rating
School
Distance
Till Elementary Math & Science Academy
PublicPK to 8

Hirsch Metropolitan High School
Public9 to 12

YCCS-Progressive Leadership Acad
Charter9 to 12

CICS Washington Park
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Similar Homes

6602 South Marquette Road is a multi-family home for sale in Chicago, IL 60637. This property was listed for sale on September 2, 2026 by EXIT Strategy Realty, it's currently listed at $325,000. It has been on the market for a total of 2 days and was last sold on March 29, 2022. This listing's school district is Chicago Public Schools. Nearby schools include Till Elementary Math & Science Academy, Hirsch Metropolitan High School and YCCS-Progressive Leadership Acad. 6602 South Marquette Road is a 5-bed, 2-bath multi-family home built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXIT Strategy Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/03/2026 06:20 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.