6123 N RAVENSWOOD Avenue Chicago, IL ^$ 800,000

6123 N RAVENSWOOD Avenue

^$ 800,000

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6123 N RAVENSWOOD Avenue

Chicago, IL, 60660

^$ 800,000

Bedrooms6 Baths0.0 Sq 3,204

Monthly Estimate*

^$ 5,588

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Multi-Family Home for sale in Chicago, IL

for $800,000 with 6 bedrooms. This 3,204 square foot home was built in 1968 on a lot size of 0.09.

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, 25x162.8 lot size. As-Is, Where-Is.

Multi-Family Contingent

Price

^$ 800,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 8,252

Style

Multi-Family

Lot Size

0.09

Year Built

1968

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12010381

Features

General

Cooling Window Unit(s)

Possession Closing Tenant's Rights

Zoning MULTI

Association Fee Includes None

Construction Materials Brick Stone

Year Built 1968

Electric Circuit Breakers

Tenant Pays Electricity

Stories 2

Township Lake View

Tax Year 2022

Current Use Multi-Family

Gross Income 57300

County Cook

Net Operating Income 29873

Operating Expense 15427

Insurance Expense 2698

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

Status Contingent

Directions NORTH OF PETERSON 2 Ridge 2 RAVENSWOOD

City Chicago

Total Units 5

MLS Area CHI - Edgewater

Lot Size Square Feet 4050

Street Name RAVENSWOOD

Tax Annual Amount 8252.55

Electric Expense 660

Fuel Expense 2400

Trash Expense 368

Water Sewer Expense 1048

Additional Parcels Y/N N

Days on Market 27

Standard Status Active Under Contract

Exterior

Foundation Details Concrete Perimeter

Building Area Total 3204

Lot Dimensions 25X162

Lot Size Acres 0.09

Frontage Type City Street

Exterior Brick

Interior

Street Suffix Avenue

Basement None

* Excluded Features

List By

Exp Realty, Llc

Broker

realtorvictoria@outlook.com; victoria.nguyen@exprealty.com

Affordability Calculator

$6,276

Per Month

Monthly Principal & Interest: $5,588
Monthly Property Taxes: $688
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$643,340

Percent of Sale Price 20%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/22/2024	$800,000		Listed Price

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6123 N RAVENSWOOD Avenue, Chicago, IL, 60660 is a Multi-Family Home for sale at $800,000 with 3,204 sqft and a lot size of 0.09. 6123 N RAVENSWOOD Avenue has 6 bedrooms, 0.0 baths, and was built in 1968. The property's zip code is 60660 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/30/2024.

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6123 N RAVENSWOOD Avenue

Multi-Family Home for sale in Chicago, IL

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