{"markerType": "CLIENT", "MlsName": "MRED", "MlsNumber": "09728698", "lat": "41.99272", "lng": "-87.67449", "Address": "6123 North RAVENSWOOD Avenue", "City": "CHICAGO", "StateProv": "IL", "ZipCode": "60660"}
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Description of 6123 North RAVENSWOOD Avenue, CHICAGO, IL 60660

EASY TO MANAGE "EDGEWATER" 5 UNIT BRICK BUILDING WITH 2 CAR DET GARAGE. CURRENT OWNER JUST MADE SOME NICE CAPITAL IMPROVEMENTS INCLUDING: ALL NEW WINDOWS "THERMOPANE" INCLUDING ALL NEW INTERIOR WINDOW TRIM & CASING THRUOUT ENTIRE BUILDING. NEWER DECKING & STAIRS, COMPLETELY REMODELED ONE OF THE "1 BEDROOM" UNITS. NICELY DONE (SEE PHOTOS). BUILDING CONSISTS OF ONE 2 BEDROOM 1 BATH UNIT AND FOUR 1 BEDROOM, 1 BATH UNITS. 1ST FLOOR COIN OP LAUNDRY ROOM WITH STORAGE CLOSETS. PICTURES ARE OF THE 1 REMODELED UNIT. SIGNIFICANT CASH FLOW ON THIS BUILDING WITH TREMENDOUS UPSIDE POTENTIAL. NOTE THE LOW RENTS: THE 2 BEDROOM COULD RENT FOR $1100/M AND THE 1 BEDROOM FOR $950/MONTH. THE PRO-FORMA CAP RATE IS 8.58% BASED ON $485,000 SELLING PRICE! SEE FINANCIAL SHEET UNDER ADDITIONAL INFORMATION.

Property Features of 6123 North RAVENSWOOD Avenue, CHICAGO, IL 60660

TYPE
Corridor-Exterior Entrance
Year Built
1968
Community
CHI - Edgewater
Annual Taxes
$7,667.23
Acres
.09
Features
Baseboard heat
Window unit air conditioner
Brick exterior
Stone exterior
Lot acreage is: .09
Lot dimension is: 25X162
Lot zoned: MULTI
Present use: Residential-Multi-Family
Slab basement
Units in building(s): 5
Tax year: 2015
Rooms & Dimensions
Rooms in unit #1: 5
Rooms in unit #2: 4
Bedrooms in unit #1: 2
Bedrooms in unit #2: 1
Courtesy of: Century 21 Elm, Realtors

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