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6123 North RAVENSWOOD Avenue, Chicago, IL 60660

$499,900
Commercial Property MLS# 09697977 ID: 46577155
$499,900 Get Rates

Multi Family 5+ - CHICAGO, IL
EASY TO MANAGE "EDGEWATER" 5 UNIT BRICK BUILDING WITH 2 CAR DET GARAGE. CURRENT OWNER JUST MADE SOME NICE CAPITAL IMPROVEMENTS INCLUDING: ALL NEW WINDOWS "THERMOPANE" INCLUDING ALL NEW INTERIOR WINDOW TRIM & CASING THRUOUT ENTIRE BUILDING. NEWER DECKING & STAIRS, COMPLETELY REMODELED ONE OF THE "1 BEDROOM" UNITS. NICELY DONE (SEE PHOTOS). BUILDING CONSISTS OF ONE 2 BEDROOM 1 BATH UNIT AND FOUR 1 BEDROOM, 1 BATH UNITS. 1ST FLOOR COIN OP LAUNDRY ROOM WITH STORAGE CLOSETS. PICTURES ARE OF THE 1 REMODELED UNIT. SIGNIFICANT CASH FLOW ON THIS BUILDING WITH TREMENDOUS UPSIDE POTENTIAL. NOTE THE LOW RENTS: THE 2 BEDROOM COULD RENT FOR $1100/M AND THE 1 BEDROOM FOR $950/MONTH. THE PROFORM CAP RATE IS 8.36% BASED ON $500,000 SELLING PRICE! SEE FINANCIAL SHEET UNDER ADDITIONAL INFORMATION.

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Location Information near 6123 North RAVENSWOOD Avenue
Offered by Ralph Milito at Century 21 Elm, Realtors

Would you like more information regarding this property?
Please call (847) 692-5522.

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Property Features for 6123 North RAVENSWOOD Avenue
Status
Market Status
Available
Last Updated
August 17, 2017
Description
Property Type
Commercial Property
Year Built
1968
Stories
3.0

Appliances

  • Washer
  • Dryer
  • Range

Building Features

  • Basement
  • Cooling System: Window Unit(s) A/C
  • Heating System: Baseboard
  • Stories: 3.0
  • Heating Fuel: Natural Gas

Exterior Features

  • Parking: 2 spaces

Legal/Financial

  • Taxes: 7667.23

Listing Features

  • Property Type: Commercial;

Data Provided by Midwest Real Estate Data, LLC

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More information about this $499,900 Commercial Property at 6123 North RAVENSWOOD Avenue

This $499,900 Commercial Property at 6123 North RAVENSWOOD Avenue in Chicago, IL is presented by Ralph Milito. This $499,900 Commercial Property, located in the 60660 zip code, has the following property features: Basement, Stories, Washer, Parking. This 6123 North RAVENSWOOD Avenue Commercial Property, located in Cook County , is listed under MLS listing number 09697977 and has a listing price of $499,900. You can find more CHICAGO homes for sale here.