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6360-6362 S Greenwood Avenue

Chicago, IL 60637
  • $799,999
  • STATUS: Active Under Contract
  • ON SITE: 99 Days
  • MLS #: 12110892
Under Contract
UPDATED: 226 min ago
$799,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1884
County:
Area:

School Ratings & Info

Description

6360-6362 South Greenwood Ave., is a rarely available and highly desired six (6) unit building, with center entrance walk-up located just outside of Hyde Park in Chicago's East Woodlawn neighborhood. The property is located minutes away from the prestigious University of Chicago and the construction site of the future Obama Presidential Library. This solid building is comprised of three (3) Bedrooms with two baths and three (3) 3 Bedrooms with 1.5 bath units. All units feature incredibly spacious layouts and with the 2nd & 3rd floor units include sunrooms. Building features updated boiler and hot water heater 2022), newer porches (2015). This is a great opportunity for an investor to acquire a highly desirable building in one of Chicago's best neighborhoods. . However, with most of the building's current rents are below current market levels, there is a tremendous amount of value to be added solely by stabilizing rents to area standards.

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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 2024-12-03T23:59:48.443 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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6360-6362 S Greenwood Avenue Chicago, IL 60637

  • Price: $799,999
  • Status: Active Under Contract
  • On Site: 99 Days
  • Updated: 226 min ago
  • MLS #: 12110892
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1884
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
6360-6362 South Greenwood Ave., is a rarely available and highly desired six (6) unit building, with center entrance walk-up located just outside of Hyde Park in Chicago's East Woodlawn neighborhood. The property is located minutes away from the prestigious University of Chicago and the construction site of the future Obama Presidential Library. This solid building is comprised of three (3) Bedrooms with two baths and three (3) 3 Bedrooms with 1.5 bath units. All units feature incredibly spacious layouts and with the 2nd & 3rd floor units include sunrooms. Building features updated boiler and hot water heater 2022), newer porches (2015). This is a great opportunity for an investor to acquire a highly desirable building in one of Chicago's best neighborhoods. . However, with most of the building's current rents are below current market levels, there is a tremendous amount of value to be added solely by stabilizing rents to area standards.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City StreetAlley Access Land Amenities Curbs and GuttersLighting/ExteriorSidewalks Outdoor Parking None On Site Roof Rubber Roof Structure Flat

Interior Features

Basement UnfinishedExterior AccessStorage Space Cooling None Fireplaces Total 6 Heat Ventilation GasHot WaterRadiators Miscellaneous Inside Accessible EntranceInside Corridor/sSkylight/sStorage InsideLaundry Room Number Of Dishwashers 0 Number Of Dryers 3 Number Of Ranges 6 Number Of Washers 3

Property Features

Additional Parcels YN Yes Approximate Age Older Association Fee Includes None Building Area Total 9873 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Current Use Multi-Family Electric Circuit BreakersService - 0 to 100 Amps Fire Protection Smoke or Fire ProtectorsCarbon Monoxide Detector(s) Gross Income 83772 Gross Scheduled Income 83772 Insurance Expense 11259 Maintenance Expense 5100 Mls Actual Status Contingent Net Operating Income 37832 Operating Expense 45940 Ownership Types Sole Proprietor Possible Use Multi-Family Seller Needs Out of Management Tax Annual Amount 6775.63 Tax Year 2023 Tenant Pays Varies by Tenant Total Monthly Income 6981 Township Hyde Park Type Multi Family 5+ Utilities Water-Municipal Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of City & Suburbs Realty, Inc.: 312-282-3017.


© 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 2024-12-03T23:59:48.443 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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4112C Fieldstone Road
Champaign IL, 61822