Under Contract

Contingent

6639 S Kenwood Avenue

Chicago IL, 60637

$1,500,000


Under Contract

Contingent

Commercial

Built in 1903

Courtesy of 33 Realty

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

11990239

MLS ID

February 27, 2024

Listed

July 13, 2024

Updated

Map

6639 S Kenwood Avenue
Chicago IL, 60637

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Central Individual


Heating

No

Exterior/Building Features

Other Property Details

Area Name

CHI - Woodlawn


Taxes

$11,847


Tax Frequency

Annually


Days on Market

99


Garage

No


View

No


County

Cook


Municipality

Hyde Park


Pool

No


Buyer Agency Compensation

2.0%

Listing History

Date

Event

Price

6/4/2024

Under Contract

Courtesy of 33 Realty, Liam Moore,
Listing Contact: 773-327-4975 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Vergis H. Eiland III are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 7/13/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and 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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 6:54 PM UTC, 7/13/2024

 

 

Powered byLuxury Presence