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$800,000   Price Analysis
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6123 N Ravenswood Ave
Chicago, IL 60660
Unknown bed 5 bath unknown SqFt ($0/SqFt)
4,050SqFt lot. Built 1968
Listed 2024-03-22
Ⓧ USDA Ineligible
due to price & location

near Chicago

Brick 5-unit apartment building steps away from the incoming Peterson Ridge Metro Station

* Has Contingent Offer *

Hayt Elementary School and Sean High School. The building has newer windows INCLUDING all INTERIOR WINDOW TRIM and CASING throughout the ENTIRE BUILDING. NEWER DECKING and STAIRS. Refreshed Unit 5 when a long term tenant moved out (long-term tenants residing the other 4 units).

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 Units 1 and 5. SIGNIFICANT CASH FLOW ON THIS BUILDING WITH TREMENDOUS UPSIDE POTENTIAL. Pro-forma rents could be much higher with the new wner. 2 detached car garage. Built 1968, 25x162.8 lot size. As-Is, Where-Is.


Presented by Victoria Nguyen at
eXp Realty.
Listing Agent Photo

Property MLS #12010381 from MRED

Cooling Features: Window Unit(s)

Full Bathrooms: 5

Frontage Type: City Street

Lot Size Acres: 0.0929752
Lot Size Dimensions: 25X162
Lot Size Square Feet: 4050

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 5
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Full Bathrooms in Unit-5: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 4
Total Rooms in Unit-4: 4
Total Rooms in Unit-5: 4

Tenant Pays: Electricity

Annual Tax Amount: 8252.55
Source Listing Status: Active Under Contract
County: Cook
Current Use: Multi-Family
Directions: NORTH OF PETERSON 2 Ridge 2 RAVENSWOOD
Tax Year: 2022
Source Property Type: Multi-Family
Parcel Number: 14062150570000
Township: Lake View
Zoning: MULTI
Property Subtype: Multi Family 5+
Source System Name: C2C

Listed 2024-03-22
$800,000
MRED
Listing removed 2007-03-13
$489,000
MRED
Listed 2006-10-07
$489,000
MRED

Net Operating Income: 29873

Electric: Circuit Breakers

Year Built: 1968
Construction Materials: Brick, Stone
Foundation Details: Concrete Perimeter
Property Age: 56
Levels or Stories: 2

Hayt Elementary School is a public elementary and middle school located approximately 0.3 miles away.
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Senn High School is a public high school located approximately 0.5 miles away.
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Misericordia Mcauley Residence is a private elementary and high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.