$1,500,000 $8,052 est/mo Sourced by Back At You

6639 S Kenwood Avenue,Chicago, IL 60637

Chicago IL, 60637

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Description

Located in prime East Woodlawn location, rarely available 8-unit MF building! Garden units are 2bed/ 2bath units with in-unit w/d, all units above grade are 3bed/ 2bath units also with in-unit w/d. Building gut renovated in 2016. All units feature hardwood floors, stainless steel appliances, updated electrical and mechanical packages. Roof and windows replaced with renovation. Opportunity to raise rents an additional $300-400/ mo without significant renovation as leases turn. Building has an assumable loan with a $1.1M principal balance and 5% rate. Loan has 57 months left to maturity (11/2028 maturity). Monthly P&I is roughly $5,800

Details

MLS#11990239
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1903
Days On Site87
Listing Provided By33 Realty | Liam Moore

Features

Story(s)3
Units8

Market Activity 60637

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60637
AreaCHI Woodlawn
Listing VS Median (in 60637)
Price:
$1,500,000
low | high
Med:
$269,500
100% of Average
On Site:
87
low | high
Med:
46.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 7:22:03 PM PDT