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11 Properties Within 0.5 miles of: 6430 S Richmond, Chicago
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6430 S Richmond
Chicago, IL 60629

  • 8 Beds
  • 4 Baths
  • Built In 1925
Price

$329,900

Est Payment
$2,020 / month (details)  
Taxes
$2,956  
Beds
8  
Baths
4  
Rooms
12  
Type
Multi Unit  
Sq. Ft.
n/a  
Lot Size
34 X 125  
Built
1925  
Neighborhood
Marquette Park  
MLS
#10769462
Status
Cancelled

Property Description

** Amazing Income Generating Opportunity ** Extra Long & Wide Four Unit Red Brick Rental Building with 3 Car Brick Garage on a 34X125 Lot. All units have been refurbished and are ready for occupancy. Lower level has two separate rental opportunities: both front and rear units have front and back entrances as well as side access. Each offer one bedroom, one bathroom, along with living Room//Kitchen combo. The Expansive First and Second floor 3bed/1bath units have 9' ceilings, large windows with bright natural light, separate Living Room, Separate Dining Room and Eat-in Kitchen. Nothing to do but add or start your investment portfolio! High Cap Rate!! S8 Ready! FHA approved! Seller is open to closing cost credits. Ask your lender about the 3% down Home Possible Loan Program. CONSERVATIVE ESTIMATED RENTAL INCOME: 3bedroom apts rent for $1,200 (x2) $2,400 - 1bedroom apts rent for $1,050 (x2) $2,100 Total Annual Projected Income: $4,500X12 ($54,000). START EARNING RESIDUAL INCOME TODAY!

Property Tour

Property Map

Property Details

Utilities

  • Heating Gas
  • Cooling
  • Water Lake Michigan
  • Sewer Sewer-Public

Additional Information

Parking
None/NA, Garage On Site, Owned
Schools
Gage Park High School, Marquette Elementary School, Marquette Elementary School

Payment Calculator

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

Listing History

07-03-2020 Listed at $329,900
07-09-2020 Status changed to Cancelled
Last Modified 7/9/20 12:27 PM

Nearby Transportation

  • Bus 63 0.2 mi
  • Bus 94 0.2 mi
  • Bus 52A 0.3 mi
  • Bus 52 0.3 mi
  • Bus 59 0.7 mi
  • Bus 49 0.7 mi
  • Bus X49 0.7 mi
  • Bus 67 0.8 mi
  • Bus 55 1.2 mi
  • Bus 48 1.2 mi
  • I 94 East 3.4 mi
  • I 90 East 3.4 mi
  • I 94 West 3.5 mi
  • I 90 West 3.5 mi
  • I 55 South 3.5 mi
  • I 55 North 3.5 mi
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