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    6829 S Paxton Avenue

    Chicago, IL 60649
    • $525,000
    • STATUS: Active Under Contract
    • ON SITE: 85 days
    • MLS #: 11079441
    Under Contract
    UPDATED: 39 min ago
    $525,000
    • 12
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    School District:
    299

    Description

    DON'T MISS THE FABULOUS OPPORTUNIY FOR AN AWESOME INVESTMENT. THIS IS A SPACIOUS 4 BEDROOM, 2 BATH 3 FLAT BUILDING WITH UNITS APPROXIMATELY 2400 SQUARE FEET EACH. TENANTS OCCUPY 2ND AND 3RD FLOOR UNITS WITH LEASE AND MONTH TO MONTH RESPECTIVELY. SECOND FLOOR UNIT WAS REHABBED IN 2018 WITH UPDATED KITCHEN, BATHS, NEW APPLIANCES, CABINETRY AND REFINISHED HARDWOOD FLOORS. FIRST FLOOR IS PARTIALLY DEMO AND READY FOR REHAB. EACH UNIT HAS HARDWOOD FLOORS THROUGHOUT, WALK IN CLOSET, WIDE HALLWAYS, INDIVIDUAL HEAT WITH COMMON HOT WATER. THERE IS A FULL WALK OUT BASEMENT WITH STORAGE AND LAUNDRY ROOM. THE BUILDING ALSO HAS EXTRA SPACE FOR AN OFFICE AND ANOTHER APPARTMENT. THE EXTRA WIDE LOT HAS A SIDE DRIVE WITH A 4 CAR GARAGE AND SPACE FOR ADDITIONAL TANDEM PARKING. YOU ARE MINUTES FROM LAKE SHORE DRIVE, SOUTH SHORE COUNTRY CLUB AND GOLF COURSE, UNIVERSITY OF CHICAGO AND SOON TO COME OBAMA CAMPUS. THIS IS A VERY UNIQUE PROPERTY WITH THE SPACE OF A HOUSE ON EVERY LEVEL. THE ADDITIONAL SPACE OFF THE GRAND LOBBY AND IN THE HUGE BASEMENT ALLOW YOU TO A WORK OR HAVE A CREATIVE SPACE SEPERATE FROM THE MAIN LIVING QUARTERS. BUILDINGS WITH UNITS THIS LARGE ARE VERY RARE. BRING YOUR CONTRACTOR FOR THE FIRST FLOOR AND DISCOVER THE POSSIBILITIES. SPECIAL FINANCING AVAILABLE FOR QUALIFIED BUYERS WITH GUARANTEED RATE AFFINTY. CALL FOR DETAILS.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-07-31T13:53:56.887 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    6829 S Paxton Avenue Chicago, IL 60649

    • Price: $525,000
    • Status: Active Under Contract
    • Updated: 39 min ago
    • MLS #: 11079441
    12
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1925
    Built
    Neighborhood:
    Chi - South Shore
    County:
    Cook
    Area:
    Chi - South Shore
    School District:
    299
    Property Description
    DON'T MISS THE FABULOUS OPPORTUNIY FOR AN AWESOME INVESTMENT. THIS IS A SPACIOUS 4 BEDROOM, 2 BATH 3 FLAT BUILDING WITH UNITS APPROXIMATELY 2400 SQUARE FEET EACH. TENANTS OCCUPY 2ND AND 3RD FLOOR UNITS WITH LEASE AND MONTH TO MONTH RESPECTIVELY. SECOND FLOOR UNIT WAS REHABBED IN 2018 WITH UPDATED KITCHEN, BATHS, NEW APPLIANCES, CABINETRY AND REFINISHED HARDWOOD FLOORS. FIRST FLOOR IS PARTIALLY DEMO AND READY FOR REHAB. EACH UNIT HAS HARDWOOD FLOORS THROUGHOUT, WALK IN CLOSET, WIDE HALLWAYS, INDIVIDUAL HEAT WITH COMMON HOT WATER. THERE IS A FULL WALK OUT BASEMENT WITH STORAGE AND LAUNDRY ROOM. THE BUILDING ALSO HAS EXTRA SPACE FOR AN OFFICE AND ANOTHER APPARTMENT. THE EXTRA WIDE LOT HAS A SIDE DRIVE WITH A 4 CAR GARAGE AND SPACE FOR ADDITIONAL TANDEM PARKING. YOU ARE MINUTES FROM LAKE SHORE DRIVE, SOUTH SHORE COUNTRY CLUB AND GOLF COURSE, UNIVERSITY OF CHICAGO AND SOON TO COME OBAMA CAMPUS. THIS IS A VERY UNIQUE PROPERTY WITH THE SPACE OF A HOUSE ON EVERY LEVEL. THE ADDITIONAL SPACE OFF THE GRAND LOBBY AND IN THE HUGE BASEMENT ALLOW YOU TO A WORK OR HAVE A CREATIVE SPACE SEPERATE FROM THE MAIN LIVING QUARTERS. BUILDINGS WITH UNITS THIS LARGE ARE VERY RARE. BRING YOUR CONTRACTOR FOR THE FIRST FLOOR AND DISCOVER THE POSSIBILITIES. SPECIAL FINANCING AVAILABLE FOR QUALIFIED BUYERS WITH GUARANTEED RATE AFFINTY. CALL FOR DETAILS.
    Exterior Features

    Exterior Building Type BrickStone Exterior Features Storms/Screens Foundation Details Concrete Perimeter Garage Details Multiple Garages Garage On Site Yes Garage Ownership Owned Garage Type Detached Is Parking Includedin Price Yes Lot Features Fenced YardLandscaped Number Of Cars 4 Parking Garage Roof Tar And Gravel Unit1 Floor Level 1 Unit2 Floor Level 2 Unit3 Floor Level 3 Waterfront YN No

    Interior Features

    3 Bedroom Unit In Building Yes Appliances Features Unit1 Fireplace-ArtificialGarage/SpaceHardwood FloorsWalk-In Closet Appliances Features Unit2 StoveRefrigeratorFireplace-ArtificialGarage/SpaceHardwood FloorsWalk-In Closet Appliances Features Unit3 StoveRefrigeratorFireplace-ArtificialHardwood FloorsWalk-In Closet Basement FullWalkout Basement Bathrooms YN No Basement Description Unfinished Bathrooms Total Integer 6 Bedrooms Below Grade 0 Bedrooms Possible 12 Full Baths In Building 6 Full Baths In Unit1 2 Full Baths In Unit2 2 Full Baths In Unit3 2 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Half Baths In Unit3 0 Heating Radiators2+ Sep Heating SystemsIndv Controls Number Of Bedrooms Unit1 4 Number Of Bedrooms Unit2 4 Number Of Bedrooms Unit3 4 Number Of Rooms Unit1 8 Number Of Rooms Unit2 8 Number Of Rooms Unit3 8 Other Equipment IntercomCeiling Fan(S) Room Type DenFoyer Rooms Total 24

    Property Features

    Age Description 91-100 Years Built Before1978 YN Yes Community Features ParkPoolTennis Court(S)CurbsSidewalksStreet LightsStreet Paved Corporate Limits Chicago Fuel Expense 760 General Information None Gross Income 38400 Insurance Expense 5865 Lease Exp Date Mo Yr Unit1 00/00 Lease Exp Date Mo Yr Unit2 03/22 Lease Exp Date Mo Yr Unit3 Mtm Lot Size Oversized Chicago Lot Lot Size Dimensions 40X190 Net Operating Income 19830 New Construction YN No Other Expenses 720 Property Sub Type 3 Flat3 Story Unit/S Rebuilt YN No Rehab Year 2018 Rehab YN Yes Security Deposit Unit1 0 Security Deposit Unit2 1700 Security Deposit Unit3 1500 Sewer Public Sewer Special Assessments N Special Listing Conditions List Broker Must Accompany Special Service Area N Tax Annual Amount 3525 Tax Year 2019 Tenant Pays Unit1 ElectricGasHeat Tenant Pays Unit2 ElectricGasHeat Tenant Pays Unit3 ElectricGasHeat Total Rental Income 38400 Unit1 Rent 0 Unit2 Rent 1700 Unit3 Rent 1500 Water Sewer Expense 4881 Water Source Lake MichiganPublic Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker Realty.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-07-31T13:53:56.887 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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