6506 South Ellis AvenueChicago, IL 60637Price: $990,000

  • Price: $990,000
  • 111 Days on Market
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Federal 30-year interest rate: 6.77% last updated on Feb 15, 2024
* 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.
  • 1930Year Built

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Beautiful condo building with 6 individual condominiums being sold together as a package. All units are currently being rented out. Building underwent major renovation in approximately 2012. New framing, new plumbing, new electrical in all units in 2012. Hardwood floors in 5 of the 6 units. There are four (4) 2 bedroom, 1 bath units, and two (2) 4 bedroom, 3 bath units on the first floor that also utilize the below-grade basement area. Each unit has in-unit laundry and a dishwasher. Units also have their own furnaces and TENANTS PAY for their own heat and electric. Water is not individually metered. Parking spaces in rear, and a gated access to the building. Yard space in the rear. Tenants also have access to a balcony in the rear of each unit. Common areas redone. Much more room for rental income to grow! Once purchased, new owner can sell as individual condos, or combine PINs and request reduction in taxes. All units updated, email listing agent for any questions.

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Listed by John Rolla of HomeSmart Realty Group

Based on information submitted to MRED  as of February 21, 2024 . 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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