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6608 S Peoria Street

Chicago, IL 60621
  • $395,000
  • STATUS: Closed
  • ON SITE: 324 Days
  • MLS #: 11230874
Sold - 01/13/2022
$395,000
SOLD - 01/13/2022
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1916
County:

School Ratings & Info

Description

6 UNIT MULTIFAMILY INVESTMENT. Property IS FULLY RENTED WITH MOST LONG TERM TENANTS. Average tenant 6+ years. Property has the potential to earn more income by increasing rents; they are WELL under market rate. All tenants are on month to month leases. No security deposits being held by the owner. Gated rear area could provide tenant parking or play area. A laundry room could also be added for additional income. Owner only pays water (average $200 a month) and electric (average $49 a month). New Roof (Less than 1 year old) with warranty. Gorgeous hardwood floors throughout units. Individual heating and hot water heater in each unit. Property in good condition, but being sold as is. Will not last long at this price..A MUST SEE! Agent related to the seller. Proof of funds to match down payment and lender pre-approval, Or if cash offer proof of funds needed before showing is confirmed.

Sold by @Properties Christie's International Real Estate.

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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 2022-08-18T12:02:07.277 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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6608 S Peoria Street Chicago, IL 60621

  • Price: $399,900
  • Status: Closed
  • On Site: 324 Days
  • Updated: 81 min ago
  • MLS #: 11230874
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1916
Built
Neighborhood:
Chi - Englewood
County:
Cook
Area:
Chi - Englewood
Property Description
6 UNIT MULTIFAMILY INVESTMENT. Property IS FULLY RENTED WITH MOST LONG TERM TENANTS. Average tenant 6+ years. Property has the potential to earn more income by increasing rents; they are WELL under market rate. All tenants are on month to month leases. No security deposits being held by the owner. Gated rear area could provide tenant parking or play area. A laundry room could also be added for additional income. Owner only pays water (average $200 a month) and electric (average $49 a month). New Roof (Less than 1 year old) with warranty. Gorgeous hardwood floors throughout units. Individual heating and hot water heater in each unit. Property in good condition, but being sold as is. Will not last long at this price..A MUST SEE! Agent related to the seller. Proof of funds to match down payment and lender pre-approval, Or if cash offer proof of funds needed before showing is confirmed.
Exterior Features

Exterior Building Type Brick Parking Total 8 Roof Composition

Interior Features

Heat Ventilation Central Heat/Indiv Controls

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Financing Conventional Gross Income 54000 Gross Scheduled Income 54000 Insurance Expense 3836 Maintenance Expense 0 Net Operating Income 6838 Operating Expense 9983 Short Sale Not Applicable Tax Annual Amount 3145.96 Tax Year 2020 Tenant Pays ElectricityHeat Total Monthly Income 4500 Type Multi Family 5+ Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of @Properties Christie's International Real Estate.


© 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 2022-08-18T12:02:07.277 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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737 North Michigan Avenue, Suite 1800
Chicago IL, 60611