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4 Unit

6501 W. School, Chicago, IL 60634

side view
  • $400,000
  • 4
  • 3,640 SF
  • $100,000
  • Multifamily
  • Duplex/ Triplex/ Fourplex
  • Investment
  • 2.5%
  • 10%
  • 100%
  • 2
  • 1927
  • 4,500 SF
  • 13194320160000
  • Find Out More...
Last Verified  11/21/2009 Listing ID  16064212

Highlights

  • Hardwood Floors in all apartments except basement
  • new heating/boiler
  • new 2 car garage

Description

Possible owner financing available. Very well managed 4 unit building with 2 studios in basement. Great income property or for live in owner. New heating system/boiler. Good long term paying tenants, 3 units updated with hardwood floors & newer kitchen cabinets. New 2 car garage. Great neighborhood. Extra income from coin laundry, all units pay their own electricity and cooking gas. Owner pays for heat, common elements electricity and water.Two In-law studios in basement. 2 out of 4 apartments feature 5 rooms, 2 bedroom, 1 bath, the other 2 have 4 rooms, 2 bedroom 1 bath. Best priced apartment buidling in the area!

Apt 1, 1st floor, 5 rooms, 2 bdrs/1ba $800 tenant pays cooking gas (this unit is owner occupied)
Apt 2, 2nd floor, 5 rooms, 2 bdrs/1ba $800 tenant pays cooking gas
Apt 3, 1st floor, 4 rooms, 2bdrs/1ba $750 tenant pays cooking gas
Apt 4, 2nd floor, 4 rooms, 2 bdrms/1ba $700 tenant pays cooking gas
Apt 5, basement, 2 rooms, 0bdrms/1ba $300 all utilities included
Apt 6, basement, 3 rooms, 1 bdrm/1ba $400 all utilities included

Coin Laundry $80 per month (own, not leased)
New 2 car garage can be rented, right now i

Belmont/Narragansett

1 block North of Belmont, 2 blocks West of Narragansett

Financial Summary

  • Actual
  • 2008
  • $46,440
  • $13,628
  • $32,812

Map of 6501 W. School, Chicago, IL 60634 (Cook County)

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Kinga Korpacz (773) 484-6006
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Created 1/19/2009

Additional Information for 6501 W School Street, Chicago, IL 60634

  • Active For Sale - 1 Listing
  • Active For Lease - 0 Listing
  • Previously Listed - 0 Historic Listing
  • Sales Comparables Available - 0 RecentSales Record

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