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6106 N Washtenaw Avenue

Chicago, IL 60659
  • $725,000
  • STATUS: Active Under Contract
  • ON SITE: 67 Days
  • MLS #: 11977728
Under Contract
$725,000
  • 8
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Information

High School:
School District:
299

Description

ASSUMABLE MORTGAGE AT 2.375%! Extremely rare opportunity to purchase an updated brick 3 unit on an oversized lot in West Ridge with high cash flow potential from ASSUMING THE MORTGAGE. Keep the ultra-low rate and capitalize on a huge opportunity to have very minimal living expenses as you live in one unit and rent out the other two. The first floor is a 3 bed 2 bath + office, the second floor is a 3 bed 1 bath, and the garden is a non-conforming 2 bed 1 bath. Hardly anything to do as all units have many updates including renovated kitchens, vinyl windows, hardwood floors, large bedrooms, and desirable layouts. Building has a 2017 main boiler, mostly copper water lines, well maintained roof with silver coat, 2014 water heater, wide heated front stairwell with vintage detail, coin laundry, 2 car heated garage, and extra concrete parking pad for 2 additional tandem parking spaces that was previously rented for $125/month. Amazing location and across the street from Green Briar Park, CTA bus stop 1 block away, walking distance to bustling Devon Ave. We may never see 2.375% interest rates ever again! Don't miss this exceptionally rare opportunity. Owner occupancy required for assumption. Current assumable loan balance is $438K.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2024-04-03T23:58:22.283 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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6106 N Washtenaw Avenue Chicago, IL 60659

  • Price: $725,000
  • Status: Active Under Contract
  • On Site: 67 Days
  • MLS #: 11977728
8
Beds
0
Baths
0
½ Baths
N/A
Acres
1923
Built
Neighborhood:
Chi - West Ridge
County:
Cook
Area:
Chi - West Ridge
Elementary School:
Dewitt Clinton Elementary School
High School:
Mather High School
School District:
299
Property Description
ASSUMABLE MORTGAGE AT 2.375%! Extremely rare opportunity to purchase an updated brick 3 unit on an oversized lot in West Ridge with high cash flow potential from ASSUMING THE MORTGAGE. Keep the ultra-low rate and capitalize on a huge opportunity to have very minimal living expenses as you live in one unit and rent out the other two. The first floor is a 3 bed 2 bath + office, the second floor is a 3 bed 1 bath, and the garden is a non-conforming 2 bed 1 bath. Hardly anything to do as all units have many updates including renovated kitchens, vinyl windows, hardwood floors, large bedrooms, and desirable layouts. Building has a 2017 main boiler, mostly copper water lines, well maintained roof with silver coat, 2014 water heater, wide heated front stairwell with vintage detail, coin laundry, 2 car heated garage, and extra concrete parking pad for 2 additional tandem parking spaces that was previously rented for $125/month. Amazing location and across the street from Green Briar Park, CTA bus stop 1 block away, walking distance to bustling Devon Ave. We may never see 2.375% interest rates ever again! Don't miss this exceptionally rare opportunity. Owner occupancy required for assumption. Current assumable loan balance is $438K.
Exterior Features

Exterior Building Type Brick Exterior Features PatioStorms/Screens Foundation Details Concrete Perimeter Garage Details Garage Door Opener(s)Heated Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Features Fenced YardOutdoor LightingSidewalks Lot Size Less Than .25 Acre Multi Family Type 2 Flat Parking Details GarageSpace/s Parking Features Side ApronAlley Access Parking Onsite Yes Parking Ownership Owned Parking Total 4 Roof RubberFlat Waterfront YN No

Interior Features

Basement Finished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 4 Half Baths In Building 0 Heating Natural GasRadiator(s) Room Type DenEnclosed Porch Rooms Total 14

Property Features

Age 100+ Years Built Before1978 YN Yes Community Features ParkSidewalksStreet LightsStreet Paved Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Chicago General Information Commuter BusCommuter Train Gross Income 57480 Mls Actual Status Contingent New Construction YN No Other Additional Income Coin LaundryGarage/s Other Equipment TV-DishCeiling Fan(s) Ownership Fee Simple Rebuilt YN No Sewer Public SewerSewer-Storm Special Listing Conditions List Broker Must Accompany Tax Annual Amount 8433 Tax Year 2022 Total Numberof Unitsin Building 2 Total Rental Income 4790 Township Jefferson Type Two to Four Units Water Source Lake MichiganPublic

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Greystone Realty: 847-997-1639.


© 2024 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2024-04-03T23:58:22.283 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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