Address
6123 N RAVENSWOOD Avenue, Chicago, IL
Price
$ 800,000
Property Attributes
- MLS#12010381
- TypeContingent
- CountyCOOK
- CityChicago
- AreaCHI - Edgewater
- NeighborhoodEdgewater
- Zip60660
- StyleMulti-Family
- Year Built1968
- Taxes$ 8252
- Price$ 800,000
- Bedrooms6
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3204
- Lot Size3,920 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Brick 5-unit apartment building steps away from the incoming Peterson Ridge Metro Station, Hayt Elementary School and Sean High School. The building has newer windows INCLUDING all INTERIOR WINDOW TRIM & CASING throughout the ENTIRE BUILDING. NEWER DECKING & STAIRS. Refreshed Unit 5 when a long term tenant moved out (long-term tenants residing the other 4 units). BUILDING CONSISTS OF ONE 2 BEDROOM 1 BATH UNIT AND FOUR 1 BEDROOM, 1 BATH UNITS. 1ST FLOOR COIN OP LAUNDRY ROOM WITH STORAGE CLOSETS. PICTURES ARE OF Units 1 & 5. SIGNIFICANT CASH FLOW ON THIS BUILDING WITH TREMENDOUS UPSIDE POTENTIAL. Pro-forma rents could be much higher with the new owner. 2 detached car garage. Built 1968, 25x162.8 lot size. As-Is, Where-Is.
| Price History | |
|---|---|
| 3/22/2024 | Listed $800,000 |
General Features
| Cooling | Window Unit(s) |
|---|---|
| Possession | Closing,Tenant's Rights |
| Zoning | MULTI |
| Association Fee Includes | None |
| Construction Materials | Brick,Stone |
| Year Built | 1968 |
| Electric | Circuit Breakers |
| Tenant Pays | Electricity |
| Stories | 2 |
| Township | Lake View |
| Tax Year | 2022 |
| Current Use | Multi-Family |
| Gross Income | 57300 |
| County | Cook |
| Net Operating Income | 29873 |
| Operating Expense | 15427 |
| Insurance Expense | 2698 |
| Property Type | Commercial Sale |
| Contingency | Attorney/Inspection |
| Status | Contingent |
| Directions | NORTH OF PETERSON 2 Ridge 2 RAVENSWOOD |
| City | Chicago |
| Total Units | 5 |
| MLS Area | CHI - Edgewater |
| Lot Size Square Feet | 4050 |
| Street Name | RAVENSWOOD |
| Tax Annual Amount | 8252.55 |
| Electric Expense | 660 |
| Fuel Expense | 2400 |
| Trash Expense | 368 |
| Water Sewer Expense | 1048 |
| Additional Parcels Y/N | No |
| Days on Market | 27 |
| Standard Status | Active Under Contract |
| Property Type | Multi Family 5+ |
Interior Features
| Street Suffix | Avenue |
|---|---|
| Basement | None |
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Building Area Total | 3204 |
| Lot Dimensions | 25X162 |
| Lot Size Acres | 0.09 |
| Frontage Type | City Street |
| Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 60660
Price
Taxes
Visits
Year Built
