6435 S Narragansett Avenue Chicago, IL 60638

$550,000
6435 S Narragansett Avenue, Chicago, IL 60638
10012364

Commercial Property for sale in Chicago, IL

for $550,000 with 2 bedrooms. The lot size is 34 X 120.

Property Information

  • $550,000
  • 2 Bedrooms
  • Commercial
  • Taxes are $6,488
  • 5+ Family
  • Active
  • 2 Floors
  • Lot size of 34 X 120
  • Chicago, IL
  • Clearing Neighborhood
  • Cook County
  • MLS/Web ID is 10012364
  • Just Listed

Description

Well-maintained, 5 unit, brick apartment building in the Clearing neighborhood of Chicago. All 5 units are 2 bed, 1 bath layouts. Three long term tenants, 100% occupancy and room to raise rent make this a fantastic cash flow property. On-site coin operated washer/dryer, 4 off street parking spaces, 4 storage lockers add to the building's income possibilities. Very safe, Family friendly, quiet neighborhood, and location near Midway Airport make finding quality tenants a breeze. 30 year rated, shingle roof installed in 2008, new hot water heater installed in 2017. Buyers must be pre-approved or proof of funds before showings.

Interior 1

Heating System

  • Hot Water

Exterior 3

Construction

  • Brick

Parking

  • 1-20 Parking Spaces

Siding

  • Brick

Rental 1

Tenant Pays

  • Electric

† Excluded Feature

Listed By

Broker: DREAM TOWN REALTY

6435 S Narragansett Avenue, Chicago, IL, 60638 is a Commercial Property for sale at $550,000 with a lot size of 34 X 120. 6435 S Narragansett Avenue has 2 bedroomsThe property's zip code is 60638 which is in Chicago, IL

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Market Pricing

Average % of sale price Median % of sale price
All listings in Chicago $560,106 2 % above $349,000 37 % below
Commerical listings in Chicago $706,866 29 % above $400,000 27 % below

Get the facts about Chicago, IL!

Population 2,758,555
Population Growth (since 2000) -4 %
Median Income $49,562
Median Age 34.83
Households w/ Children 25 %

Residential Dwellings

  • Owned 491166
  • Vacant 139733
  • Rented 585273

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