6324 S EVANS Avenue
Chicago, IL 60637

Status: Sold
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $879,000

About this home

New Construction 3-unit in Booming Woodlawn. Set alongside 4 other New Construction Developments, this is the largest building of the 5, set on an extra wide 36 ft lot. Contemporary & Modern design with the perfect blend of city living and convenience, close to the Green Line just a short walk away and the University of Chicago and Obama Library. Each unit has a spacious, open-concept layout and condo quality features, such as 42" cabinets, stainless steel appliances, recessed lighting, in unit laundry, and beautifully tiled floors. Each unit is a large, 1, 400 sq ft 3 bed/ 2 bath, with a luxury master bathroom at the rear. The units will rent easily and the ground floor already has a 2 year lease for $2, 300. Top unit features a vaulted ceiling and decorative railings for an added touch of luxury. Additionally, the developer added soundproofing for added privacy. Prime investment opportunity, positioned for cash flow, appreciation and creating generational wealth in this high inflation environment. Can arrange property management for any out of state buyers, and also qualifies for a 15% down investor loan.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age NEW Under Construction
3 Bedroom Unit in Building No
Approx Year Built 2023
Parking Total 3
Exterior Building Type Fiber Cement
Exterior Property Features Deck, Porch, Storms/Screens
Foundation Concrete Perimeter
Parking Features Unassigned, Off Alley, Rear/Side Entry, Storage
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Sidewalks
Area Major CHI - Woodlawn
Zoning Type MULTI
Corporate Limits Chicago
Directions 63RD STREET TO COTTAGE GROOVE SOUTH TO 64TH MAKE A RIGHT (WEST) TO EVANS MAKE RIGHT (NORTH) PROPERTY IS ON THE WEST SIDE OF THE STREET.
Equipment Water Heater-Electric
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Slab
Bath Amenities Separate Shower, Soaking Tub
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 2300
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Artificial, Garage/Space, Laundry Hook-Up, Cathedral Ceilings, Hardwood Floors, Walk-In Closet
Full Baths Total 2
Lease Expiration Date 06/24
Rooms Total 7
Security Deposit NA
Tenant Pays Electric, Gas, Heat
Floor Number 1
Square Feet 1400
unit 2
Beds Total 3
Baths Total 2
Actual Rent 2400
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Artificial, Garage/Space, Laundry Hook-Up, Cathedral Ceilings, Hardwood Floors, Walk-In Closet
Full Baths Total 2
Lease Expiration Date 06/24
Rooms Total 7
Security Deposit NA
Tenant Pays Electric, Gas, Heat
Floor Number 2
Square Feet 1400
unit 3
Beds Total 3
Baths Total 2
Actual Rent 2500
Appliances And Features Stove, Refrigerator, Dryer, Microwave, Central Air Conditioner, Fireplace-Artificial, Garage/Space, Laundry Hook-Up, Cathedral Ceilings, Hardwood Floors, Walk-In Closet
Full Baths Total 2
Lease Expiration Date 06/24
Rooms Total 7
Security Deposit NA
Tenant Pays Electric, Gas, Heat
Floor Number 3
Square Feet 1400
Property / Lot Details
Deconversion N
Lot Dimensions 3667.5 30X122.25
Lot Description Fenced Yard, Landscaped, Sidewalks
Lot Size Less Than .25 Acre
NewConstructionYN Yes
Ownership Fee Simple
Style of House Contemporary, Tri-Level
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing Conventional
Other Addl Income Parking Space/s
Rental Income 7200
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20222060390000
Special Assessments N
Tax Exemptions None
Tax Year 2022
$879,000 Listing Price:
MLS # 11946168
Investment Profile Residential Income
Listing Market Time 37 days
Basement None
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 12/13/2023
Year Built 2023
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