6043 S Vernon Avenue
Chicago, IL 60637

Status: Sold
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $889,000

About this home

Eagle Eye Collection offers a stunning New Construction 3 flat all 3 bedroom 2 baths with parking pad and option for 3 car garage on well-located West Woodlawn block! Elegant and Intentional Design, Professional Fully Appointed Kitchen Cabinetry, Integrated Appliances, Quartz Island Custom Back splash, Eat-In Kitchen Nook, LVT floors throughout, Spacious primary suite and primary bathroom offer over-sized Shower, glass enclosure, sleek black plumbing trim and custom mirror/lighting. Organized closets and window treatments throughout, rear outdoor space w/ common rear fenced yard. High efficiency furnces, tankless hot water heaters and in unit front loading laundry for all units. Urban Intimacy w/ Hyper Convenience. 8 Minute Walk to the Green Line at 63rd. One year 3rd party warranty included. AAA Trophy Piece Perfect Turn key, House Hackers/Owner Occupied or 1031 Exchnage opportunity. Prolific developer has multiple opportunities available allowing for larger assemblage- call for full list of addresses. Pro Forma 7.6% Cap Rate.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age NEW Under Construction
3 Bedroom Unit in Building Yes
Approx Year Built 2023
Parking Total 3
Existing Basement/Foundation No
Exterior Building Type Brick, Block, Stone
Parking Features Off Alley
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
MRD Virtual Tour None
Virtual Tour Date 01/29/2024 11:16 pm
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Woodlawn
Zoning Type MULTI
Corporate Limits Chicago
Directions East or West on 60th St. towards Vernon. South on Vernon towards property. Property on East side of Vernon.
Elementary School Fiske Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Hyde Park Career Academy Senior
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Slab
Basement Bathrooms No
Basement None
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 6
Full Baths in Building Count 6
Total Rooms 21
Units
unit 1
Beds Total 3
Baths Total 2
Actual Rent 2195
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Hardwood Floors, Walk-In Closet
Full Baths Total 2
Lease Expiration Date N/A
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 3
Baths Total 2
Actual Rent 2275
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Hardwood Floors, Walk-In Closet
Full Baths Total 2
Lease Expiration Date N/A
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 3
Baths Total 2
Actual Rent 2350
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Hardwood Floors, Walk-In Closet
Full Baths Total 2
Lease Expiration Date N/A
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number 3
Property / Lot Details
Deconversion N
Lot Dimensions 25X125
Lot Size Less Than .25 Acre
NewConstructionYN Yes
Ownership Fee Simple
Style of House Other
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

ElectricExpense 1250
Financing Conventional
Fuel Expense $1,250
Other Expenses 2 1900
Gross Rental Income $81,840
Insurance Expense $2,500
Net Oper Income $72,528
MaintenanceExpense 1908
Rental Income 81840
Scavenger Expense $504
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20154020110000
Special Assessments N
Tax Exemptions None
Tax Year 2022
$889,000 Listing Price:
MLS # 11969916
Investment Profile Residential Income
Listing Market Time 65 days
Basement None
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 01/29/2024
Year Built 2023
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