Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
27 Properties Within 0.5 miles of: 6258 W Belmont, Chicago

6258 W Belmont
Chicago, IL 60634

  • Built In 1966
Price

$635,000

Taxes
$9,948  
Type
Mutli Family  
Sq. Ft.
n/a  
Lot Size
40 X 127  
Built
1966  
Neighborhood
Belmont Cragin  
MLS
#10531716
Status
Sold (11/26/2019)

Property Description

Straight forward multi-unit. A legitimate and legal 6 unit building held in the same family for decades. Five 2 bedroom, 1 bath apartments. All offer generous sized living and bedroom spaces. They all have a spacious kitchens with room for a dining table. The sixth unit is a three room 1 bedroom, 1 bath ground level apartment. Mostly long time tenants and fully occupied. With some updating to these late 60's-70's kitchens and baths, rents could be maximized. It is quite possible to realize $1,200+ per 2 bedroom unit were they all shiny & new. The leases for ALL the 2 bedroom units expire on May 31, 2020. The sole 1 bedroom lease runs through May 31, 2022. All the windows were replaced about 10 years ago. Roof shingles have been performing their duty faithfully over the years (No knowledge of when it was replaced last). Boiler is original but running like a champion and serviced regularly, bringing baseboard heat to the apartments. Each apartment has their own thermostat. Water heater is a few years old. This Multi unit is quite convenient, with a walk score of 78. Tell your friends, tell your neighbors, tell your investors. Secure an appointment before it is gone. Note - - -The Monthly Minimum is the current actual rent for the units ($5,130 total monthly gross rent).

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

09-27-2019 Listed at $629,000
10-06-2019 Status changed to Under Contract
12-02-2019 Status changed to Closed
11-26-2019 Sold at $635,000
Last Modified 12/2/19 9:29 AM

Nearby Transportation

  • Bus 77 < 0.1 mi
  • Bus 86 0.1 mi
  • Bus 91 0.4 mi
  • Bus 152 0.5 mi
  • Bus 76 0.5 mi
  • Bus 85 0.9 mi
  • Bus 80 1.0 mi
  • Bus 74 1.0 mi
  • Bus 65 1.1 mi
  • Bus 90 1.2 mi
  • I 90 East 2.4 mi
  • I 90 West 2.5 mi
  • I 94 East 2.5 mi
  • I 94 West 2.6 mi
  • I 290 West 4.6 mi
  • I 290 East 4.6 mi
  • I 294 North 5.0 mi
  • I 190 East 5.0 mi
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