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    507 Englewood Avenue

    Chicago, IL 60621
    • $399,000
    • STATUS: Active Under Contract
    • ON SITE: 165 days
    • MLS #: 10685688
    Under Contract
    UPDATED: 66 min ago
    $399,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,181
      SQFT
    • $49
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1917
    County:

    School Ratings & Info

    Description

    PERFECT INVESTOR OPPORTUNITY!!! 6 units are rented! Each apartment features 2 huge bedrooms, 1 full bath, Eat in Kitchen with a walk-in pantry, spacious Living room with a fireplace and a formal Dining room, hardwood flooring throughout. Great size rooms in each, plenty of room for storage. Building is in excellent shape!! Well maintained fenced yard. Detached 4 car garage available for extra rental income. Boiler, Water heaters, Electric and Plumbing all new from 2014. Individual Electric & Gas Meters, Many updates in recent years. Plenty of street parking. Tenant pays electric and cooking gas. Pet free building. Close to all forms of transportation, major highways, new hospital, schools, parks, shopping, restaurants. Minutes from downtown. Don't miss this incredible opportunity for extra cash flow. Property is being sold AS-IS Make your appointment today.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2020-10-19T18:51:36.62 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    507 Englewood Avenue Chicago, IL 60621

    • Price: $399,000
    • Status: Active Under Contract
    • Updated: 66 min ago
    • MLS #: 10685688
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    8,181
    SQFT
    $49
    $/SQFT
    1917
    Built
    Neighborhood:
    Chi - Englewood
    County:
    Cook
    Area:
    Chi - Englewood
    Property Description
    PERFECT INVESTOR OPPORTUNITY!!! 6 units are rented! Each apartment features 2 huge bedrooms, 1 full bath, Eat in Kitchen with a walk-in pantry, spacious Living room with a fireplace and a formal Dining room, hardwood flooring throughout. Great size rooms in each, plenty of room for storage. Building is in excellent shape!! Well maintained fenced yard. Detached 4 car garage available for extra rental income. Boiler, Water heaters, Electric and Plumbing all new from 2014. Individual Electric & Gas Meters, Many updates in recent years. Plenty of street parking. Tenant pays electric and cooking gas. Pet free building. Close to all forms of transportation, major highways, new hospital, schools, parks, shopping, restaurants. Minutes from downtown. Don't miss this incredible opportunity for extra cash flow. Property is being sold AS-IS Make your appointment today.
    Exterior Features

    Construction Brick Foundation Concrete Frontage Access City Street Land Amenities Curbs And GuttersLighting/ExteriorSecurity EntranceSidewalks Lot Dimensions 50 X 129 Lot Sq Ft 6450 Number Of Parking Spaces 4 Roof Coverings Tile Roof Structure Flat

    Interior Features

    Air Conditioning None Basement Description UnfinishedExterior Access Fire Protection Fire Extinguisher/S Indoor Parking 1-5 SpacesDetached Miscellaneous Inside Inside Corridor/S Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 0 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Dishwashers 0 Number Of Disposals 0 Number Of Dryers 0 Number Of Fireplaces 6 Number Of Full Bathrooms Type1 1 Number Of Ranges 6 Number Of Refrigs 6 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 6 Number Of Rooms Unit2 0 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Stories 3 Number Of Units Apt Type1 6 Number Of Units Apt Type2 0 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 0 Repairs Decor Expense 0

    Property Features

    Age Older Built Before1978 YN Yes Contingency Flag Financing Current Use Residential-Multi-Family Electric Expense Source Owner Projection Electricity Expense 300 Expense Year 2020 Exterior Building Type Brick Fuel Expense 9000 Fuel Expense Source Owner Projection Gross Rental Income Amount 64800 Heat Ventilation Radiators Insurance Expense 3507 Insurance Expense Source Owner Projection Janitor Expense 2500 Janitor Expense Source Owner Projection Miscellaneous Outside CourtyardPatioSecurity Gate Monthly Income Max1 900 Net Oper Income Amount 15027 Net Operating Income Year 2020 Number Of Window Ac 0 Other Expense Source Combination Other Expenses 864 Possession Closing Potential Use Residential-Multi-Family Sale Terms ConventionalCash Only Tax Year 2019 Taxes 3492.89 Tenant Pays ElectricOther Total Annual Exp 28173 Total Annual Expense Source Owner Projection Total Annual Income 64800 Total Monthly Income 5400 Type Multi Family Flats Utilities To Site Sanitary Sewer To SiteWater-MunicipalWater To Site Water Expense 6000 Water Expense Source Owner Projection Zoning Type Multi

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Baird & Warner.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2020-10-19T18:51:36.62 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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