63 East 56th, Chicago IL 60637
$599,999

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Property Description

Exceptional Greystone opportunity in Chicago's evolving Washington Park community-ideal for investors and owner-occupants seeking versatility and long-term value. This property features a finished basement with a private 1-bedroom, 1-bathroom mother-in-law suite complete with a full kitchen, creating the perfect setup for multi-generational living, guest accommodations, or potential rental income. Laundry room with coin operated machines. Positioned in a prime South Side location, the property offers convenient access to Washington Park, Hyde Park, the University of Chicago, and the growing cultural and economic corridor surrounding the area. Residents enjoy proximity to shopping, dining, parks, and public transportation, along with easy access to major expressways for a quick commute throughout the city. For investors, the additional living space provides income-generating potential and flexible use options, making this a compelling addition to a rental portfolio or a smart house-hack opportunity. Ideal for multi-generational living or rental income.Located near Washington Park and the University of Chicago.Close to public transportation and major expressways.Strong investment and value-add potential.A rare opportunity to own a property that combines location, flexibility, and investment potential in one of Chicago's historic and steadily developing neighborhoods.

Features & Information

Key Details

  • List Price $599,999
  • Property Taxes $2,362
  • Price/ Sq. Ft. Unavailable
  • Year Built 1894
  • Parking Type Garage,Space/s
  • Status New

Rooms

  • Total Rooms 14
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage,Space/s
  • # of Cars:  4

Building Information

  • Number of Units 3
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Gas
  • Units

  • Unit 1 Stove, Refrigerator
  • Unit 2 Stove, Refrigerator
  • Unit 3 Stove, Refrigerator

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property I-90/94 Take Exit 55c Go East On Garfield Blvd To King Drive. Turn Left On King Drive To 56th Street.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 2362
  • Tax Year 2023
  • Parcel Identification Number 20151080020000

Utilities

  • Sewer Sewer-Publ

Listed by: Mock Realty LLC | Phone: 312.536.3593
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 3/12/2026 11:02 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.

Explore Washington Park

For now Chicago's Washington Park neighborhood may be a predominantly residential south side community with a sprawling public park and rich culture of African-American heritage, however, as the potential site of the Olympic Stadium for the 2016 Summer Games, this modest neighborhood could really make its mark in the near future. Remnants of the last century's architectural movement are found throughout the area, with a wave of new designs and gut rehabs dusting the streets as well. As Olympic talk heightens, developers and city officials are anticipating the impact such a huge event would have on Washington Park. Temporary athlete lodgings and the massive 80,000-seat arena would only be around for a short period, but the hope is that a surge of new businesses would ride in on the coattails of this once-in-a-lifetime opportunity to bolster the Washington Park neighborhood for decades to come. The current commercial base is slight, with a few soul food mainstays and Chinese takeout, but the annual cultural festivals and fun Park District programs keep things on the up as Washington Park awaits an impending transformation of Olympic proportions.

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