6123 N RAVENSWOOD Avenue
Chicago, IL, 60660
$800,000
Beds
0 Baths
3,204 SqFt
0.09 Acres
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$800,000
6123 N RAVENSWOOD Avenue
Chicago, IL, 60660
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Brick 5-unit apartment building steps away from the incoming Peterson Ridge Metro Station, Hayt Elementary School and Sean High School. The building has newer windows INCLUDING all INTERIOR WINDOW TRIM & CASING throughout the ENTIRE BUILDING. NEWER DECKING & STAIRS. Refreshed Unit 5 when a long term tenant moved out (long-term tenants residing the other 4 units). 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 Units 1 & 5. SIGNIFICANT CASH FLOW ON THIS BUILDING WITH TREMENDOUS UPSIDE POTENTIAL. Pro-forma rents could be much higher with the new owner. 2 detached car garage. Built 1968, 25×162.8 lot size. As-Is, Where-Is.

Property Details

Price:
$800,000
MLS #:
MRD12010381
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
6123 N RAVENSWOOD Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Mar 22, 2024
State:
IL
Finished Sq Ft:
3,204
ZIP:
60660
Lot Size:
4,050 sqft / 0.09 acres (approx)
Year Built:
1968

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick, Stone

Financial

Buyer Agent Compensation
2.25% OF NET PRICE – $495Net Sale Price
HOA Includes
None
Net Operating Income
$29,873
Tax Year
2022
Taxes
$8,253
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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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6123 N RAVENSWOOD Avenue
Chicago, IL