6630 S Vernon Avenue Chicago, IL ^$ 695,000

6630 S Vernon Avenue

^$ 695,000

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6630 S Vernon Avenue

Chicago, IL, 60637

^$ 695,000

Bedrooms2 Baths0.0 Sq 7,040

Monthly Estimate*

^$ 4,619

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Multi-Family Home for sale in Chicago, IL

for $695,000 with 2 bedrooms. This 7,040 square foot home was built in 1943 on a lot size of 0.159068.

Welcome to WOODLAWN! This lucrative 8-unit building in Chicago's highly desirable Woodlawn neighborhood is just what you have been waiting for! 7 units features 2 bedrooms, 1 bathroom, and an additional versatile space suitable for an office or bedroom. The 8th unit is a studio. Seize the opportunity with two vacant units, offering potential for immediate occupancy or customization for an instant increase in CASHFLOW. This property combines modern comfort with investment potential in a vibrant community. This property is a no brainer investment. Schedule your showing today! SOLD AS IS.

Multi-Family Active

Price

^$ 695,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 4,146

Style

Multi-Family

Lot Size

0.159068

Year Built

1943

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12044067

Features

General

Cooling Window Unit(s)

Possession Closing

Zoning MULTI

Association Fee Includes None

Construction Materials Brick

Year Built 1943

Electric Circuit Breakers Separate Meters

Tenant Pays Electricity Heat

Stories 4

Township Hyde Park

Tax Year 2022

Current Use Multi-Family

Gross Income 70488

County Cook

Net Operating Income 57156

Operating Expense 13332

Insurance Expense 2445

Property Type Commercial Sale Multi Family 5+

Status Active

Directions North or South on King Drive to East 66th St. & South on Vernon Ave to address

City Chicago

Total Units 8

MLS Area CHI - Woodlawn

Lot Size Square Feet 6929

Street Name Vernon

Tax Annual Amount 4146

Electric Expense 0

Fuel Expense 883

Trash Expense 1695

Water Sewer Expense 2829

Additional Parcels Y/N Y

Days on Market 7

Standard Status Active

Exterior

Building Area Total 7040

Lot Dimensions 55.9X124

Frontage Type City Street

Exterior Brick

Interior

Street Suffix Avenue

* Excluded Features

List By

Keller Williams Onechicago

Broker

rashaunascott@kw.com

Affordability Calculator

$4,965

Per Month

Monthly Principal & Interest: $4,619
Monthly Property Taxes: $346
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$641,158

Percent of Sale Price 8%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$695,000		Listed Price

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6630 S Vernon Avenue, Chicago, IL, 60637 is a Multi-Family Home for sale at $695,000 with 7,040 sqft and a lot size of 0.159068. 6630 S Vernon Avenue has 2 bedrooms, 0.0 baths, and was built in 1943. The property's zip code is 60637 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/30/2024.

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6630 S Vernon Avenue

Multi-Family Home for sale in Chicago, IL

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