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14 Properties Within 0.5 miles of: 6521 S California, Chicago
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6521 S California
Chicago, IL 60629

  • Built In 1927
Price

$465,000

Est Payment
$3,039 / month (details)  
Taxes
$8,449  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
75 X 125  
Built
1927  
Neighborhood
Marquette Park  
MLS
#10499446
Status
Sold (7/30/2021)

Property Description

All offers have been submitted by Friday June 11th end of business day. CAP RATE 19.5 PLENTY OF MONTHLY INCOME TO IMPROVE THE BUILDING. Individual rental units may not be shown at this time. Common areas may be viewed. Price lower by $54,500. Property being "SOLD AS IS." 10 UNIT MULTIFAMILY INVESTMENT. Property IS FULLY RENTED WITH MOST LONG TERM TENANTS. Rents are low. Average tenant 10+ years. Property has the potential to earn more income as units are renovated. All tenants on month to month leases. No security deposits being held by the owner. Gated rear area could provide tenant parking or play area. The property includes newer widows, flood light system. A laundry room could also be added for additional income. Agent related to the seller. Co-list Agent related to the seller. This property is located in An Opportunity zone.No written leases to pass on to the new buyer. Lender pre-approval and proof of funds of 30% down to be submitted before booking an appointment. Owner has owned the property for over 18 years. Proof of funds to match down payment and lender pre-approval, Or if cash offer proof of funds needed before showing is confirmed.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Parking
10 Parking Spaces

Payment Calculator

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

Listing History

08-28-2019 Listed at $525,000
10-22-2019 Price decreased by $26,000 to $499,000
01-01-2020 Status changed to Under Contract
04-08-2020 Status changed to Active
07-07-2020 Price decreased by $54,500 to $444,500
09-11-2020 Status changed to Under Contract
10-09-2020 Status changed to Active
11-13-2020 Status changed to Under Contract
12-23-2020 Status changed to Active
03-26-2021 Status changed to Expired
04-02-2021 Status changed to Active
06-28-2021 Status changed to Under Contract
08-03-2021 Status changed to Closed
07-30-2021 Sold at $465,000
Last Modified 8/3/21 11:34 AM

Nearby Transportation

  • Bus 94 0.1 mi
  • Bus 63 0.3 mi
  • Bus 49 0.5 mi
  • Bus 52A 0.5 mi
  • Bus X49 0.5 mi
  • Bus 52 0.6 mi
  • Bus 67 0.7 mi
  • Bus 59 0.8 mi
  • Bus 48 1.0 mi
  • I 94 East 3.2 mi
  • I 90 East 3.2 mi
  • I 94 West 3.3 mi
  • I 90 West 3.3 mi
  • I 55 South 3.7 mi
  • I 55 North 3.7 mi
  • Hwy 57 4.8 mi
  • Hwy 57 4.9 mi
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