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6038 W Peterson Avenue

Chicago, IL 60646
  • $675,000
  • STATUS: Closed
  • ON SITE: 45 Days
  • MLS #: 12198857
Sold - 12/06/2024
$675,000
SOLD - 12/06/2024
  • 5
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1956
County:
Area:

School Ratings & Info

School District:
299

Description

LEGAL 3 FLAT IN SUPER LOCATION OF NORWOOD PARK. PERFECT HOME WITH RENTAL INCOME TO HELP PAY MORTGAGE OR WORKS GREAT AS INVESTMENT WITH POTENTIAL FOR 6.5% RETURN ON INVESTMENT. ALL UNITS PAY THEIR OWN UTILITIES WITH 3 SEPARATE HOT WATER BOILERS. SPACIOUS 2 BEDROOM UNITS ON 1ST AND 2ND FLOOR GARDEN IS A 1 BEDROOM. EACH APARTMENT HAS BEEN NEWLY REMODELED. LARGE LIVING ROOM DINING ROOM COMBINATION - PLENTY OF CABINETS AND GRANITE COUNTER TOPS IN LARGE KITCHENS WITH SEPARATE DINETTE AREAS. NEWLY TILED BATHS AND NEW FLOORING THROUGHOUT. NEWER ROOF ON BOTH BUILDING AND GARAGE DONE IN 2012 AND NEWER PORCHES DONE IN 2013 OFFER NICE DECKS FOR 1ST & 2ND FLOOR UNITS. NEWER WINDOWS THROUGHOUT - 2ND FLOOR WINDOWS ARE BRAND NEW. APARTMENTS HAVE REFRIGERATORS AND STOVE/ OVEN RANGES AND COIN OPERATED CLOTHES WASHER AND DRYER IN BASEMENT, 2 CAR GARAGE. POTENTIAL INCOME FULLY RENTED $5000 PER MONTH OR $60,000 PER YEAR. NET INCOME $45,560. NET INCOME - A 6.7% RETURN ON INVESTMENT. Showing property Wednesday 10/30 4:45 to 6PM Please request during that time in showing assist. Listing broker must accompany

Sold by Xhomes Realty.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-13T00:10:01.627 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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6038 W Peterson Avenue Chicago, IL 60646

  • Price: $679,900
  • Status: Closed
  • On Site: 45 Days
  • Updated: 168 min ago
  • MLS #: 12198857
5
Beds
0
Baths
0
½ Baths
0.08
Acres
1956
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
School District:
299
Property Description
LEGAL 3 FLAT IN SUPER LOCATION OF NORWOOD PARK. PERFECT HOME WITH RENTAL INCOME TO HELP PAY MORTGAGE OR WORKS GREAT AS INVESTMENT WITH POTENTIAL FOR 6.5% RETURN ON INVESTMENT. ALL UNITS PAY THEIR OWN UTILITIES WITH 3 SEPARATE HOT WATER BOILERS. SPACIOUS 2 BEDROOM UNITS ON 1ST AND 2ND FLOOR GARDEN IS A 1 BEDROOM. EACH APARTMENT HAS BEEN NEWLY REMODELED. LARGE LIVING ROOM DINING ROOM COMBINATION - PLENTY OF CABINETS AND GRANITE COUNTER TOPS IN LARGE KITCHENS WITH SEPARATE DINETTE AREAS. NEWLY TILED BATHS AND NEW FLOORING THROUGHOUT. NEWER ROOF ON BOTH BUILDING AND GARAGE DONE IN 2012 AND NEWER PORCHES DONE IN 2013 OFFER NICE DECKS FOR 1ST & 2ND FLOOR UNITS. NEWER WINDOWS THROUGHOUT - 2ND FLOOR WINDOWS ARE BRAND NEW. APARTMENTS HAVE REFRIGERATORS AND STOVE/ OVEN RANGES AND COIN OPERATED CLOTHES WASHER AND DRYER IN BASEMENT, 2 CAR GARAGE. POTENTIAL INCOME FULLY RENTED $5000 PER MONTH OR $60,000 PER YEAR. NET INCOME $45,560. NET INCOME - A 6.7% RETURN ON INVESTMENT. Showing property Wednesday 10/30 4:45 to 6PM Please request during that time in showing assist. Listing broker must accompany
Exterior Features

Exterior Building Type Brick Exterior Features Deck Foundation Details Concrete Perimeter Garage Details Garage Door Opener(s)Transmitter(s) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Size Oversized Chicago Lot Multi Family Type 3 Flat Parking Details Garage Parking Total 2 Roof Asphalt Waterfront YN No

Interior Features

Basement Finished Basement Details FullWalkout Bedrooms Below Grade 0 Bedrooms Total 5 Full Baths In Building 3 Half Baths In Building 0 Heating Natural GasSteamSep Heating Systems - 2+ Rooms Total 13

Property Features

Age 61-70 Years Built Before1978 YN Yes Corporate Limits Chicago Financing Conventional General Information None Gross Income 34860 Insurance Expense 1600 Mls Actual Status Closed Net Operating Income 20420 New Construction YN No Other Additional Income Coin LaundryGarage/s Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Short Sale Not Applicable Special Listing Conditions None Tax Annual Amount 11190.14 Tax Year 2023 Total Numberof Unitsin Building 3 Total Rental Income 2905 Township Jefferson Type Two to Four Units Water Source Public Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Compass: 312-319-1168.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-13T00:10:01.627 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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