$1,500,000
6639 S Kenwood Avenue
Chicago, IL, 60637
Located in prime East Woodlawn location, rarely available 8-unit MF building! Garden units are 2bed/ 2bath units with in-unit w/d, all units above grade are 3bed/ 2bath units also with in-unit w/d. Building gut renovated in 2016. All units feature hardwood floors, stainless steel appliances, updated electrical and mechanical packages. Roof and windows replaced with renovation. Opportunity to raise rents an additional $300-400/ mo without significant renovation as leases turn. Building has an assumable loan with a $1.1M principal balance and 5% rate. Loan has 57 months left to maturity (11/2028 maturity). Monthly P&I is roughly $5,800
Property Details
Price:
$1,500,000
MLS #:
MRD11990239
Status:
Active
Beds:
0
Baths:
0
Address:
6639 S Kenwood Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Feb 27, 2024
State:
IL
ZIP:
60637
Year Built:
1903
Schools
Interior
Cooling
Central Air, Central Individual
Exterior
Construction Materials
Brick
Financial
Buyer Agent Compensation
2.0%Gross Sale Price
Tax Year
2022
Taxes
$11,847
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
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6639 S Kenwood Avenue
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