Address
6630 S Vernon Avenue, Chicago, IL
Price
$ 695,000
Property Attributes
- MLS#12044067
- TypeMulti-Family
- CountyCOOK
- CityChicago
- AreaCHI - Woodlawn
- Zip60637
- StyleMulti-Family
- Year Built1943
- Taxes$ 4146
- Price$ 695,000
- Bedrooms2
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7040
- Lot Size0.159068 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Welcome to WOODLAWN! This lucrative 8-unit building in Chicago's highly desirable Woodlawn neighborhood is just what you have been waiting for! 7 units features 2 bedrooms, 1 bathroom, and an additional versatile space suitable for an office or bedroom. The 8th unit is a studio. Seize the opportunity with two vacant units, offering potential for immediate occupancy or customization for an instant increase in CASHFLOW. This property combines modern comfort with investment potential in a vibrant community. This property is a no brainer investment. Schedule your showing today! SOLD AS IS.
| Price History | |
|---|---|
| 5/1/2024 | Listed $695,000 |
General Features
| Cooling | Window Unit(s) |
|---|---|
| Possession | Closing |
| Zoning | MULTI |
| Association Fee Includes | None |
| Construction Materials | Brick |
| Year Built | 1943 |
| Electric | Circuit Breakers,Separate Meters |
| Tenant Pays | Electricity,Heat |
| Stories | 4 |
| Township | Hyde Park |
| Tax Year | 2022 |
| Current Use | Multi-Family |
| Gross Income | 70488 |
| County | Cook |
| Net Operating Income | 57156 |
| Operating Expense | 13332 |
| Insurance Expense | 2445 |
| Property Type | Commercial Sale |
| MaintenanceExpense | 2380 |
| Status | Active |
| Directions | North or South on King Drive,to East 66th St. & South on Vernon Ave to address |
| City | Chicago |
| Total Units | 8 |
| MLS Area | CHI - Woodlawn |
| Lot Size Square Feet | 6929 |
| Street Name | Vernon |
| Tax Annual Amount | 4146 |
| Fuel Expense | 883 |
| Trash Expense | 1695 |
| Water Sewer Expense | 2829 |
| Additional Parcels Y/N | Yes |
| Days on Market | 7 |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
Interior Features
| Street Suffix | Avenue |
|---|
Exterior Features
| Building Area Total | 7040 |
|---|---|
| Lot Dimensions | 55.9X124 |
| 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 Multi-Family Average in 60637
Price
Taxes
Visits
Year Built
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of May 25, 2024 11:01 PM UTC 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.
Data is updated as of May 25, 2024 11:01 PM UTC
