6639 S Kenwood Avenue Chicago, IL $ 1,500,000
6639 S Kenwood Avenue
$ 1,500,000
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6639 S Kenwood Avenue

Chicago, IL, 60637
$ 1,500,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 10,478

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Multi-Family Home for sale in Chicago, IL

for $1,500,000 with 5 bedrooms. This home was built in 1903.

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

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 11,847

Style

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11990239

Features
General
Cooling Central Air Central Individual
Possession Closing
Construction Materials Brick
Year Built 1903
Tenant Pays Air Conditioning Electricity Heat
Stories 3
Township Hyde Park
Tax Year 2022
Gross Income 151668
County Cook
Net Operating Income 97651
Operating Expense 47858
Insurance Expense 5500
Property Type Commercial Sale Multi Family 5+
Status Active
Directions W on 67th st at intersection of 67th and Stoney N on Kenwood Ave
City Chicago
Total Units 8
MLS Area CHI - Woodlawn
Street Name Kenwood
Tax Annual Amount 11847
Electric Expense 500
Fuel Expense 0
Trash Expense 3400
Water Sewer Expense 8500
Additional Parcels Y/N N
Days on Market 6
Standard Status Active
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Exterior
Lot Dimensions 55X140
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Interior
Street Suffix Avenue
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* Excluded Features
List By
33 Realty

Broker

lmoore@33realty.com

Email

Affordability Calculator

$11,465
Per Month
91%
9%
0%
Monthly Principal & Interest
$10,478
Monthly Property Taxes
$987
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/27/2024$1,500,000 Listed Price

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6639 S Kenwood Avenue, Chicago, IL, 60637 is a Multi-Family Home for sale at $1,500,000. 6639 S Kenwood Avenue has 5 bedrooms, 0.0 baths, and was built in 1903. The property's zip code is 60637 which is in Chicago, IL