6600 Marquette Road, Woodlawn, Chicago, Illinois 60637


$304,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 7
Baths: 0
Year Built: 1900
Property Taxes: $3,104
Days On Market: 1191
Lot Size: 0,06
Map
Street View

Description

Attention INVESTORS!!! This one can generate an estimated $33K in Annual Rental Income!! #HouseHack! You can even Finish the basement for Instant Equity! Refurbished Legal 2-Flat Graystone in the Highly desirable Woodlawn Neighborhood! First floor unit offers Three-Spacious Bedrooms and One-Bath (Currently Rented for $1,223/MO). Great Tenants! Second floor is ready for new buyer or new tenant. Renting it out prior to closing is an option. Unit offers FOUR Bedrooms and One Bathroom, Comps in the area support $1,500 for a unit this size and condition (comp: 6633 S Rhodes Ave Unit 2, Chicago, IL 60637 | MLS 11225018 | 3 bedroom comp | rented in 29 days for $1,500). Both units offer Central Heating (missing AC), Updated electrical, Plumbing, updated Kitchens, Bathrooms and new durable engineer wood floors throughout. The 2-Car Garage is currently vacant and could yield additional income. Taxes are very reasonable and can improve the Cap Rate with a homeowners exemption. Seller will consider Closing Cost Credits and/or buying down your interest rate. Property is close to highway, public transportation, U of C Hospital and Campus/Jewel/Parks, Lakefront and the future site plan for Obama Presidential Center. Great Opportunity to Buy and Hold. Build Equity while developers continue to Launch and Finish New Construction Projects in the area. FHA/VA Welcomed!! Solid Investment! Easy to show!

Property Specifics

Multi-unit
1900
No
0.06
Cook
— / —
11611122
20222250180000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Hirsch Metropolitan High School
299
Middle School
Hirsch Metropolitan High School
299 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
2 Sep, 2020 Sold $89,900 MRED MLS
6 Aug, 2020 Under contract $89,900 MRED MLS
3 Aug, 2020 Listed for sale $89,900 MRED MLS
28 Oct, 2022 Sold $304,000 MRED MLS
3 Oct, 2022 Under contract $299,000 MRED MLS
22 Aug, 2022 Listed for sale $299,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Unfinished

Other Specifics

2
24.8X122.3
Not in DB

Tax History

Year Property Taxes
2020 $3,181
2022 $3,104

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Listing Provided By

MPower Residential Brokerage LLC