6106 N Washtenaw Avenue
Chicago, IL, 60659
$725,000
8 Beds
4 Baths
SqFt
0 Acres
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$725,000
6106 N Washtenaw Avenue
Chicago, IL, 60659
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ASSUMABLE MORTGAGE AT 2.375%! Extremely rare opportunity to purchase an updated brick 3 unit on an oversized lot in West Ridge with high cash flow potential from ASSUMING THE MORTGAGE. Keep the ultra-low rate and capitalize on a huge opportunity to have very minimal living expenses as you live in one unit and rent out the other two. The first floor is a 3 bed 2 bath + office, the second floor is a 3 bed 1 bath, and the garden is a non-conforming 2 bed 1 bath. Hardly anything to do as all units have many updates including renovated kitchens, vinyl windows, hardwood floors, large bedrooms, and desirable layouts. Building has a 2017 main boiler, mostly copper water lines, well maintained roof with silver coat, 2014 water heater, wide heated front stairwell with vintage detail, coin laundry, 2 car heated garage, and extra concrete parking pad for 2 additional tandem parking spaces that was previously rented for $125/month. Amazing location and across the street from Green Briar Park, CTA bus stop 1 block away, walking distance to bustling Devon Ave. We may never see 2.375% interest rates ever again! Don’t miss this exceptionally rare opportunity. Owner occupancy required for assumption. Current assumable loan balance is $438K.

Property Details

Price:
$725,000
MLS #:
MRD11977728
Status:
Active Under Contract
Beds:
8
Baths:
4
Address:
6106 N Washtenaw Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Feb 9, 2024
State:
IL
ZIP:
60659
Year Built:
1923

Schools

School District:
299
Elementary School:
Dewitt Clinton Elementary School
High School:
Mather High School

Interior

Heating
Natural Gas, Radiator(s)

Exterior

Community Features
Park, Sidewalks, Street Lights, Street Paved
Exterior Features
Patio, Storms/ Screens
Parking Features
Side Apron, Alley Access
Parking Spots
4
Roof
Rubber, Flat

Financial

Buyer Agent Compensation
2.5% – $499% of Net Sale Price
Tax Year
2022
Taxes
$8,433
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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6106 N Washtenaw Avenue
Chicago, IL