Chicago, IL 60637 6639 S Kenwood Avenue
$1,500,000
8 more
Presented By: 33 Realty
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 5
Home Details
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
Presented By: 33 Realty
Interior Features for 6639 S Kenwood Avenue
Other Interior Features
Street SuffixAvenue
General for 6639 S Kenwood Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Air, Central Individual
CountyCook
Days on Market99
DirectionsW on 67th st at intersection of 67th and Stoney, N on Kenwood Ave
Electric Expense500
Fuel Expense
Gross Income151668
Insurance Expense5500
MLS AreaCHI - Woodlawn
MaintenanceExpense2500
Net Operating Income97651
NumberOfUnitsTotal8
Operating Expense47858
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories3
Street NameKenwood
Tax Annual Amount11847
Tax Year2022
Tenant PaysAir Conditioning, Electricity, Heat
TownshipHyde Park
Trash Expense3400
Water Sewer Expense8500
Year Built1903
Exterior for 6639 S Kenwood Avenue
Lot Dimensions55X140
Additional Details
Price History
