6123 N Ravenswood Avenue Pending

Chicago,IL 60660

$ 725000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12121788

Year Built 1968

Annual Tax Amount $7,859

Tax Year 2023

Lot Size 3,920 Sqft

Lot Dimensions 25X162

Property Description

"EDGE-WATER" CALIFORNIA STYLE 5 UNIT BRICK BUILDING WITH 2 CAR DETECT GARAGE.DEEP LOT; (25' X 162'). EASY MAINTENANCE / MANAGE. SHORT WALKING DISTANCE (1/2 BLOCK) TO NEWLY FINISH "METRA' TRAIN STATION. ONE BLOCK TO PETERSON BUS STOP. TWO BLOCKS TO DEVON BUS STOP. 5' DRIVE TO GET INTO LAKE SHORE DRIVE, LESS THEN 10' DRIVE TO HWy I-95. ALL NEWER "THERMOPANE" WINDOWS; INCLUDING INTERIOR WINDOW TRIM & CASING THRU-OUT ENTIRE BUILDING. NEWER DECKING & STAIRS, REMODELED AND UPDATED OF THE "1 BEDROOM" UNITS. THIS 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 AND MECHANICAL/BOILER ROOM. TREMENDOUS UPSIDE POTENTIAL FOR HIGHER RENTS: THE 2 BEDROOM COULD RENT FOR $1,350/MO. AND THE 1 BEDROOM CAN GO FOR MORE THAN $1,150/MONTH. WON'T LAST.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick,Stone

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