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6629 S Racine Avenue

Chicago, IL 60636
  • $225,000
  • STATUS: Active Under Contract
  • ON SITE: 242 Days
  • MLS #: 11359838
Under Contract
UPDATED: 25 min ago
$225,000
  • 8
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1885
County:

School Ratings & Info

School District:
299

Description

Fantastic investment opportunity to either live in huge duplex-ed unit and let tenants on first floor pay the mortgage or rent out both units. Recent renovation with high end finishes. Unit on 1st floor has 3 bedrooms/1 bath. Unit on 2nd/3rd floor has 3 bedrooms/1 bath on 2nd floor and 2 bedroom/1 bath upstairs with granite counters and stainless steel appliances in kitchen. Units have individual furnaces and hot water heaters and there is tons of potential in an unfinished basement. Laundry hook up in each unit. Property has instant cash flow with Tenants on 2nd floor paying $2000/month on a month-to-month lease. Just around the corner from Whole Foods and Kennedy King College at the hot intersection of Halsted/63rd.

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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 Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-11-26T22:57:27.05 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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6629 S Racine Avenue Chicago, IL 60636

  • Price: $225,000
  • Status: Active Under Contract
  • On Site: 242 Days
  • Updated: 25 min ago
  • MLS #: 11359838
8
Beds
0
Baths
0
½ Baths
0.07
Acres
1885
Built
Neighborhood:
Chi - Englewood
County:
Cook
Area:
Chi - Englewood
School District:
299
Property Description
Fantastic investment opportunity to either live in huge duplex-ed unit and let tenants on first floor pay the mortgage or rent out both units. Recent renovation with high end finishes. Unit on 1st floor has 3 bedrooms/1 bath. Unit on 2nd/3rd floor has 3 bedrooms/1 bath on 2nd floor and 2 bedroom/1 bath upstairs with granite counters and stainless steel appliances in kitchen. Units have individual furnaces and hot water heaters and there is tons of potential in an unfinished basement. Laundry hook up in each unit. Property has instant cash flow with Tenants on 2nd floor paying $2000/month on a month-to-month lease. Just around the corner from Whole Foods and Kennedy King College at the hot intersection of Halsted/63rd.
Exterior Features

Architectural Style Contemporary Exterior Building Type Vinyl SidingFrame Lot Size Less Than .25 Acre Multi Family Type 2 Flat Parking Details None Waterfront YN No

Interior Features

Basement Unfinished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 3 Half Baths In Building 0 Heating Natural GasForced Air Room Type FoyerUtility Room-1St Floor Rooms Total 16

Property Features

Age 100+ Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - Has Seller Written Direction Corporate Limits Chicago General Information Commuter BusCommuter TrainInterstate Access Gross Income 2000 Mls Actual Status Contingent Net Operating Income 1150 New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2018 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 1284.69 Tax Year 2020 Total Numberof Unitsin Building 2 Total Rental Income 2000 Township Lake Type Two To Four Units Water Source Lake MichiganPublic Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Blue Door Dave Inc: 312-344-1487.


© 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 Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-11-26T22:57:27.05 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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