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6220 N Wayne Avenue

Chicago, IL 60660
  • $899,000
  • STATUS: Pending
  • ON SITE: 60 Days
  • MLS #: 11484317
Pending
$899,000
  • 8
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Information

Elementary School:
High School:
School District:
299

Description

Rarely available all brick 3-unit with additional non-conforming garden apartment building on an extra-wide lot in an awesome Edgewater location! This magnificent building is on the market for the first time in over 30 years! Just 3.5 blocks to the Granville Red Line, 4 blocks to Loyola University and 5 blocks to the lakefront it doesn't get better than this for location. 4-car brick garage parking on site with new doors, a new tear-off roof (2019), separate HVAC systems for the top three units and original vintage details including hardwood floors, built-in dining room hutches and beamed ceilings are just a few of the desirable qualities of this property that make it perfect for the owner occupied buyer or investor alike. 90% of windows have been updated, new tear off roof (2020) as well and building has great light throughout with open views. All tenants are currently under month-to-month leases and building currently generates $69,600 in yearly income. Rents are below market value and could be significantly higher especially with further cosmetic updates. All this in an A+ location close to tons of shopping, restaurants, grocery stores, the Lakefront and the soon to be Peterson Metra Stop that is currently under construction. Rent roll can be provided.

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© 2022 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 @properties. Based on information submitted to the MRED as of 2022-10-04T23:58:40.667 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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6220 N Wayne Avenue Chicago, IL 60660

  • Price: $899,000
  • Status: Pending
  • On Site: 60 Days
  • MLS #: 11484317
8
Beds
0
Baths
0
½ Baths
N/A
Acres
1910
Built
Neighborhood:
Chi - Edgewater
County:
Cook
Area:
Chi - Edgewater
Elementary School:
Hayt Elementary School
High School:
Senn High School
School District:
299
Property Description
Rarely available all brick 3-unit with additional non-conforming garden apartment building on an extra-wide lot in an awesome Edgewater location! This magnificent building is on the market for the first time in over 30 years! Just 3.5 blocks to the Granville Red Line, 4 blocks to Loyola University and 5 blocks to the lakefront it doesn't get better than this for location. 4-car brick garage parking on site with new doors, a new tear-off roof (2019), separate HVAC systems for the top three units and original vintage details including hardwood floors, built-in dining room hutches and beamed ceilings are just a few of the desirable qualities of this property that make it perfect for the owner occupied buyer or investor alike. 90% of windows have been updated, new tear off roof (2020) as well and building has great light throughout with open views. All tenants are currently under month-to-month leases and building currently generates $69,600 in yearly income. Rents are below market value and could be significantly higher especially with further cosmetic updates. All this in an A+ location close to tons of shopping, restaurants, grocery stores, the Lakefront and the soon to be Peterson Metra Stop that is currently under construction. Rent roll can be provided.
Exterior Features

Architectural Style Traditional Exterior Building Type Brick Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Features Fenced Yard Lot Size Oversized Chicago Lot Multi Family Type 3 Flat Parking Details Garage Waterfront YN No

Interior Features

Basement Finished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 4 Half Baths In Building 0 Heating Natural GasForced AirIndv ControlsZoned Rooms Bedroom 2 Bedroom 3 Bedroom 4 Dining Room Family Room Kitchen Laundry Living Room Master Bedroom Rooms Total 23

Property Features

Age 100+ Years Built Before1978 YN Yes Community Features CurbsGatedSidewalksStreet LightsStreet Paved Corporate Limits Chicago General Information None Gross Income 69600 Insurance Expense 3353 Mls Actual Status Pending New Construction YN No Other Additional Income Parking Space/S Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 13176.1 Tax Year 2020 Total Numberof Unitsin Building 3 Total Rental Income 69600 Township Lake View Type Two To Four Units Water Source Public Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Baird & Warner: 773-697-5555.


© 2022 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 @properties. Based on information submitted to the MRED as of 2022-10-04T23:58:40.667 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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