Address
4651 W 63rd Street Chicago, IL
Price
$ 700,000
Property Attributes
  • MLS#11293907
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Clearing
  • NeighborhoodClearing
  • Zip60629
  • Style
  • Year Built1967
  • Taxes$ 8457
  • Price$ 700,000
  • Bedrooms1
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4250
  • Lot Size6,250 SqFt
Listing Provided Courtesy Of:
Homesmart Connect LLC
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Check out this great 8 unit apartment building in the midway area. 4 of the 8 units have been remodeled. Finish the other 4 to maximize rental income to at least $7200.00 per month!! Building has had new windows, roof, balconies and much much more. This is a value add opportunity but very easy to complete. Tenants pay electric. All units have electric heat. New owner can add water meters to increase rental income. There are 2 washers and 2 dryers for additional income. Hurry and schedule your showing before this is gone!!!

Price History
12/25/2021 Listed $700,000

General Features

Additional Parcels Y/N Yes
City Chicago
Construction Materials Brick, Wood Frame
Cooling Wall Sleeve
County Cook
Days on Market 6
Directions Cicero east on 63rd to address
Electric Expense 1172
Grossincome 74712
Insurance Expense 3332
Lot Size Square Feet 6250
MLS Area CHI - Clearing
Maintenanceexpense 5565
Net Operating Income 54923
Operatingexpense 19789
Property Type Multi Family 5+
Property Type Commercial Sale
Roof Composition
Standard Status Active
Status Active
Stories 2
Street Name 63rd
Tax Annual Amount 8457.6
Tax Year 2020
Tenant Pays Air Conditioning, Electricity, Heat
Total Units 8
Trash Expense 1800
Water Sewer Expense 4515
Year Built 1967
Zoning MULTI

Interior Features

Basement Unfinished
Street Suffix Street

Exterior Features

Building Area Total 4250
Exterior Brick
Foundation Details Concrete Perimeter
Lot Dimensions 50X125
Total Parking 8

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60629

Price
AVG $350K
$700K
Taxes
AVG $3,717
$8,457
Visits
AVG 38
58
Year Built
AVG 1938
1967
Walkscore
AVG 62
62
Data Provided by Walkscore ® not using MLS data