6522 S Vernon Avenue, Chicago, IL 60637

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$605,000 List Price
Off Market
 
Listing ID 11095865
Property Type Multi-Unit (5+)
County Cook
Township Hyde Park
Neighborhood CHI - Woodlawn
Total Tax $3,471
Tax ID 20222160270000
FEMA Flood Map fema.gov/portal
Year Built 1964
   
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8 unit two story multi family building in advancing Woodlawn neighborhood. Brick construction with two front entrances. All units are individually heated with newer hot water boilers. Individual 40 gal hot water heaters, 100 amp circuit breakers for each unit. Plumbing system is 100% copper. Fully occupied. All viewings require pre-app letters or POF. Excellent apt.mix- 2, 2 bd. units and 6 , 1 bd. units. Total monthly rents are $6900 with low operating expenses. Quiet tree lined area one block east of MLK DR.
Property Details
  • Built in 1964
  • 8 Units
  • Lower Level: Unfinished
  • Additional Parcels: Yes
  • Lot Size Dimensions: 2928
  • Possible Use: Multi-Family, Other, Elderly Housing
Interior Features
  • Hot Water
  • Electric Details: Service - 0 to 100 Amps
  • Fire Protection Details: smoke or fire protectors, carbon monoxide detector(s)
  • utilities: Sanitary Sewer, Sewer-Storm Available, Water-Municipal
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Frontage Type: City Street
Income/Expenses
  • Gross Income $82,800
  • Net Income $68,038
  • Operating Exp $14,762
  • Maintainence Exp $1,788
  • Insurance Exp $2,574
  • Electric Exp $400
  • Water Exp $3,900
Taxes and Fees
  • $3,471 Total Tax
  • Tax Year 2020
  • Gross Scheduled Income: 82800
  • Trash Expense: 1000
Previously Listed By
Marguerite Dooley
Charles Rutenberg Realty of IL
Office: 630-929-1100
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