New Three-Flat Growth Approved for Chicago’s Woodlawn Neighborhood
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A new three-flat building is slated for construction at 6423 South Rhodes Avenue in Chicago’s Woodlawn neighborhood,representing a continued investment in the South Side community. The project,approved by the city of Chicago after a two-month review process,carries a reported construction cost of $450,000.
Addressing Housing Needs in Woodlawn
The development will rise on a mid-block lot previously occupied by a frame residence that was demolished in October 2013. This infill project aims to address the ongoing demand for housing options in Woodlawn, a historically meaningful neighborhood undergoing revitalization. The new structure will feature three units,each benefiting from the addition of rear porches and a shared stairway. Developers also plan to incorporate three surface parking spaces accessible from the alley.
Fargo Group, LLC Leads Development
Fargo Group, LLC has been named as both the general contractor and developer for the project. The firm collaborated with architect Peter Sterniuk on the building’s plans. this partnership demonstrates a commitment to quality design and efficient construction practices.
proven Track Record: fargo Group’s Recent Success
Fargo Group and Sterniuk recently completed a similar three-flat development at 1139 south Mozart Street in the North Lawndale neighborhood.Permitted in August of last year,the building sold in April 2025 for $819,000,showcasing the potential for profitable and impactful residential projects. While the occupancy status of the Mozart Street units remains unclear, the sale price indicates strong market demand. Fargo Group utilized the entity name 1139 Mozart Ventures LLC for the Rhodes Avenue permit, suggesting a consistent business approach.
Convenient Access to Transportation
The location at 6423 South rhodes offers residents convenient access to public transportation. The property is located two blocks from Route 63 bus stops on East 63rd Street. For north-south travel, a three-block walk west to King Drive connects residents to the Route 3 bus, while the Route 4 bus is accessible five blocks west on Cottage Grove Avenue. The King Drive Green Line elevated train platform, situated less than half a mile northwest at 63rd and King Drive, provides further connectivity to the wider city.
This new development signals a positive trend for Woodlawn, contributing to the neighborhood’s ongoing growth and providing much-needed housing options for Chicagoans.
Expanded News Report:
Why: A new three-flat building is being constructed to address the growing demand for housing in Chicago’s Woodlawn neighborhood and contribute to the area’s revitalization. the project aims to provide much-needed residential options in a historically significant community.
Who: Fargo Group, LLC is leading the development as both the general contractor and developer.Architect Peter Sterniuk collaborated on the building’s plans. The project was approved by the City of Chicago.
What: The development involves constructing a three-flat building at 6423 South Rhodes Avenue on a previously vacant lot. The building will feature three residential units, each with a rear porch, a shared stairway, and three surface parking spaces. The reported construction cost is $450,000
