6147 North Claremont AvenueChicago, IL 60659Price: $1,000,000

  • Price: $1,000,000
  • 87 Days on Market
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Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 9,216Square Feet
  • 1928Year Built

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Excellent investment opportunity in fully-occupied, vintage 6 unit in Chicago's West Ridge / West Rogers Park community near buses, shopping, restaurants, schools, and more. All units identical layout: large 3 bed / 1 bath with formal dining room and large living room; original hardwood floors throughout. Units have varying degree of updates including kitchen and baths. Building updates include roof (est. 2020), vinyl windows (est. 2012), porch (est. 2012), new concrete in basement stairwell. 4 garage space spots and 2 exterior parking pad spots all utilized by tenants. Two large basements include tenant storage, mechanicals (boiler and hot water tank) and coin laundry for additional income. Landlord pays heat, water, scavenger. Opportunity to increase rents and NOI / cap. Most current lease i $1680/mo. Several tenants at below market rents; most on mtm.

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Listed by Antje Gehrken of A.R.E. Partners Inc.

Based on information submitted to MRED  as of September 26, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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