Open House Sat, May 18th 11:00 AM - 12:00 PM - Waterfront
Address
417 E 60th Street, Chicago, IL
Price
$ 450,000
Property Attributes
- MLS#12042838
- TypeMulti-Family
- CountyCOOK
- CityChicago
- AreaCHI - Woodlawn
- NeighborhoodWoodlawn
- Zip60637
- Style
- Year Built1922
- Taxes$ 5141
- Price$ 450,000
- Bedrooms10
- Full Bathrooms4
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description
LOCATION, LOCATION, LOCATION! A HALF MILE FROM THE UNIVERSITY OF CHICAGO MEDICAL AND UNIVERSITY CAMPUS 1 MILE FROM THE OBAMA LIBRARY JUST WALK UP 60TH STREET AND YOU ARRIVE AT THE LIBRARY WALK A LITTLE FURTHER EAST AND YOUR AT THE MUSEUM OF SCIENCE AND INDUSTRY AND JUST BEYOND THAT THE LAKE FRONT AND BEACH! A 15 MINUTE DRIVE TO DOWNTOWN CHICAGO! THIS IS UNIQUE OPPORTUNITY FOR A SEASONED DEVELOPER OR REHABBER. TOO MANY EXIT OPTIONS: PERFECT FOR AN RENTAL HOLD, Airbnb, STUDENT HOUSING OR CONDO CONVERSION! THIS CHICAGO STYLE YELLOW BRICK 4 STORY BUILDING HAS VIEWS OF WASHINGTON PARK LOCATED ACROSS THE STREET. THE BUILDING REQUIRES RENOVATION AND REPAIR HOWEVER THE ESTIMATED AFTER RENOVATION VALUE (ARV) IS POTENTIALLY SUBSTANTIAL. THREE UNITS HAVE THREE BEDROOMS ONE BATH. THE GARDEN UNIT IS A ONE BEDROOM ONE BATH. BONUS ALL UNITS HAVE INDIVIDUAL FURNACE AND HOT WATER TANK. TENANT PAYS ALL UTILITIES. LARGE REAR YARD IDEAL FOR INSTALL OF GARAGE FOR ADDITIONAL INCOME. I WOULD NOT WAIT IF I WERE YOU, A TRUE UNIQUE OPPORTUNITY IN WASHINGTON PARK! THIS IS A TRUE REHAB PROJECT FOR SEASONED PROFESSIONALS! BRING YOUR CONTRACTORS.
| Price History | |
|---|---|
| 4/30/2024 | Listed $450,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas |
| Possession | Closing |
| Year Built | 1922 |
| Township | Hyde Park |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Total Rooms | 22 |
| Status | Active |
| Directions | LAKE SHORE DRIVE TO 53RD STREET EXIT 53RD TO LAKE PARK SOUTH ON LAKE PARK TO 55TH STREET WEST ON 55TH STREET TO COTTAGE GROVE SOUTH ON COTTAGE GROVE TO 60TH STREET WEST ON 60TH TO PROPERTY. BUILDING |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - Woodlawn |
| Waterfront Y/N | No |
| Street Name | 60th |
| Tax Annual Amount | 5141 |
| Additional Parcels Y/N | No |
| Days on Market | 14 |
| Standard Status | Active |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Partial |
|---|---|
| Street Suffix | Street |
| Total Bedrooms | 10 |
| Total Baths | 4 |
| Bedrooms Possible | 10 |
| Basement | Partially Finished |
| Full Baths Building | 4 |
| Total Number of Units | 4 |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Dimensions | 35 X 125 |
| 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 Multi-Family Average in 60637
Price
Taxes
Visits
Year Built
