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6402 S Whipple Street

Chicago, IL 60629
  • $690,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 11271541
UPDATED: 56 min ago
$690,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1924
County:

School Ratings & Info

Description

Welcome to this Real Gem of a building in Marquette Park. This 10 unit, red brick building on the corner lot, is what you've been waiting for, this building features 5 updated 2 bedroom apts and 5 one bedroom apts, the 2 bedroom apts have gorgeous hardwood living rooms, and the one bedroom apts have gorgeous hardwork living and "dining rooms", all 10 units have furnaces, the tenants pay their own heat and electric in this money maker, one unit has central air, there is also the potential for an 11th unit, a 2 bedroom unit is framed out in the basement and ready for your finishing touches. The building has two 75 gallon water tanks, new electrical breaker panel for all apts with new timer for all building lights, new aluminum windows installed in 2015, solid flat roof is in good condition. Exterior lighting installed throughout the building, plus 6 security cameras which cover the entire perimeter of the building with computer monitor in a private basement area. Security doors installed on all apartments, talk/buzz intercom system, master key system, new mailbox system for postman for indoor access, all hallways updated with new carper installed, enjoy extra income from the 2 coin operated washer and dryers, the owner of this building has pride of ownership, its well maintained with plenty of long term tenants, schedule your private showing, and rake in the cash...

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© 2021 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 2021-12-06T11:00:38.33 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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6402 S Whipple Street Chicago, IL 60629

  • Price: $690,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 56 min ago
  • MLS #: 11271541
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1924
Built
Neighborhood:
Chi - Chicago Lawn
County:
Cook
Area:
Chi - Chicago Lawn
Property Description
Welcome to this Real Gem of a building in Marquette Park. This 10 unit, red brick building on the corner lot, is what you've been waiting for, this building features 5 updated 2 bedroom apts and 5 one bedroom apts, the 2 bedroom apts have gorgeous hardwood living rooms, and the one bedroom apts have gorgeous hardwork living and "dining rooms", all 10 units have furnaces, the tenants pay their own heat and electric in this money maker, one unit has central air, there is also the potential for an 11th unit, a 2 bedroom unit is framed out in the basement and ready for your finishing touches. The building has two 75 gallon water tanks, new electrical breaker panel for all apts with new timer for all building lights, new aluminum windows installed in 2015, solid flat roof is in good condition. Exterior lighting installed throughout the building, plus 6 security cameras which cover the entire perimeter of the building with computer monitor in a private basement area. Security doors installed on all apartments, talk/buzz intercom system, master key system, new mailbox system for postman for indoor access, all hallways updated with new carper installed, enjoy extra income from the 2 coin operated washer and dryers, the owner of this building has pride of ownership, its well maintained with plenty of long term tenants, schedule your private showing, and rake in the cash...
Exterior Features

Frontage Type City Street Parking Total 0

Interior Features

Basement Partially Finished Cooling Central Individual Heat Ventilation Forced AirGas Number Of Ranges 10

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Current Use Multi-Family Electric Circuit Breakers Fire Protection Alarm On Site Gross Income 114600 Gross Scheduled Income 120000 Insurance Expense 3288 Maintenance Expense 0 Net Operating Income 96048 Operating Expense 23952 Ownership Types Limited Liability Corp Possible Use Multi-Family Tax Annual Amount 10994 Tax Year 2020 Tenant Pays ElectricityHeat Total Monthly Income 9550 Type Multi Family 5+ Zoning Multi

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Homesmart Connect Llc.


© 2021 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 2021-12-06T11:00:38.33 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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Keller Williams Realty
2401 East Empire
Bloomington IL, 61704