6828 S Normal Boulevard
Chicago, IL 60621

Status: Active
Multi Family
13 beds
0 baths
0 sq.ft
Listing Price: $420,000

About this home

Excellent turnkey investment property opportunity! This spacious rare find consists of three units and is located on a quiet block across the street from a STEM school. The property underwent a complete renovation in 2022 and currently generates $48, 000 in annual revenue. In 2022, a new roof was installed, along with three new water heaters. The property also features three furnaces, ranging in years from 2020 to 2022, as well as three new central air units. Additionally, the back porch was replaced in 2022. Two of the units are extra-large, with five bedrooms and two bathrooms each, while the third unit is a garden unit with three bedrooms and one bathroom. The property boasts hardwood floors, modern paint throughout, and updated kitchens and bathrooms. It also has high ceilings throughout. Long-term tenants occupy Two apartments on the 1st and 2nd floors. Please do not disturb the tenants. Both tenants are month-to-month. Garden Unit Tenet is moving on 10/31/2024. All tenants are willing to continue renting and consistently pay their rent on time but also are willing to move if needed. This is a lucrative investment that will quickly recoup its costs. The building is being sold "AS IS." No known violations.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1908
Exterior Building Type Brick
Parking None
Rehab Year 2022
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Englewood
Corporate Limits Chicago
Directions EAST ON 67TH TO NORMAL, SOUTH TO PROPERTY
Elementary Sch Dist 299
Heat/Fuel Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Lake
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 13
Bedrooms Possible 13
Baths Count 5
Full Baths in Building Count 5
Total Rooms 19
Units
unit 1
Beds Total 5
Baths Total 2
Actual Rent 1550
Appliances And Features Stove, Refrigerator, Washer, Dryer
Full Baths Total 2
Lease Expiration Date 6/25
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 5
Baths Total 2
Actual Rent 1550
Appliances And Features Stove, Refrigerator
Full Baths Total 2
Lease Expiration Date 6/25
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 3
Baths Total 1
Actual Rent 900
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number G
Property / Lot Details
Lot Dimensions 25 X 125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20213100300000
Special Assessments N
Taxes $2,082
Tax Year 2022
$420,000 Listing Price:
MLS # 12135454
Investment Profile Residential Income
Listing Market Time 48 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking None
List Date 08/11/2024
Year Built 1908
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