Chicago, IL 60629,6521 S California AVE
Chicago, IL 60629,6521 S California AVE
Chicago, IL 60629,6521 S California AVE
13
$465,000
$444,500
4.6%
Est.Price: ?

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9,147 Sqft Lot

6521 S California AVE Chicago, IL 60629

Est. payment /mo
SOLD DATE : 07/30/2021

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Key Details

Sold Price $465,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10499446

Maintenance Fees $2,400

Year Built 1927

Annual Tax Amount $8,449

Tax Year 2019

Lot Size 9,147 Sqft

Property Sub-Type Multi Family 5+

Property Description

All offers have been submitted by Friday June 11th end of business day. CAP RATE 19.5 PLENTY OF MONTHLY INCOME TO IMPROVE THE BUILDING. Individual rental units may not be shown at this time. Common areas may be viewed. Price lower by $54,500. Property being "SOLD AS IS." 10 UNIT MULTIFAMILY INVESTMENT. Property IS FULLY RENTED WITH MOST LONG TERM TENANTS. Rents are low. Average tenant 10+ years. Property has the potential to earn more income as units are renovated. All tenants on month to month leases. No security deposits being held by the owner. Gated rear area could provide tenant parking or play area. The property includes newer widows, flood light system. A laundry room could also be added for additional income. Agent related to the seller. Co-list Agent related to the seller. This property is located in An Opportunity zone.No written leases to pass on to the new buyer. Lender pre-approval and proof of funds of 30% down to be submitted before booking an appointment. Owner has owned the property for over 18 years. Proof of funds to match down payment and lender pre-approval, Or if cash offer proof of funds needed before showing is confirmed.

Location

State IL

County Cook

Area Chi - Chicago Lawn

Zoning MULTI

Exterior

Roof Type Membrane

Building

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Colleen Harper of  @properties 
Bought with George Filippidis of Delta Realty, Corp.

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Dennis & Karen

Dennis & Karen

Agent

+1(219) 213-3346

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