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$4,775,000 Active

6448-56 S. Woodlawn Ave
Chicago, IL 60637

Residential - MLS# 09812808
Property Photo
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Description

Multi Family Home Only 3 years new construction 18 unit building w/ elevator, walking distance from the University of Chicago Hospital and college campus and 5 minutes from future location of Barack Obama Presidential Library and tons of other developments in the area. All 3 bedroom units. Gorgeous kitchen and bathrooms-master w/ jacuzzi tub and double vanity, separate shower. Quartz countertops, Bosch stainless steel appliances, hardwood floors throughout, prewired for surround sound, recessed lights, balcony, and fireplace and laundry in each unit, all units have separate furnaces and A/C units. Spacious and sunny units with tenants paying separate utilities. The building is a great source of income and investment opportunity. Call today!

Features

  • # Of Bdrms - Type 5: 3
  • # Of Bdrms - Type 6: 3
  • # Of Bdrms - Unit 1: 3
  • # Of Bdrms - Unit 2: 3
  • # Of Bdrms - Unit 3: 3
  • # Of Bdrms - Unit 4: 3
  • # Of Dishwashers: 18
  • # Of Dryers: 18
  • # Of Full Bthrms - Type 1: 2
  • # Of Full Bthrms - Type 2: 3
  • # Of Full Bthrms - Type 3: 2
  • # Of Full Bthrms - Type 4: 2
  • # Of Full Bthrms - Type 5: 2
  • # Of Full Bthrms - Type 6: 2
  • # Of Ranges: 18
  • # Of Refrigs: 18
  • # Of Rooms - Type 5: 5
  • # Of Rooms - Type 6: 5
  • # Of Rooms - Unit 1: 5 Rooms
  • # Of Rooms - Unit 2: 7 Rooms
  • # Of Rooms - Unit 3: 5 Rooms
  • # Of Rooms - Unit 4: 5 Rooms
  • # Of Stories: 4
  • # Of Units - Apt. Type 1: 2
  • # Of Units - Apt. Type 2: 2
  • # Of Units - Apt. Type 3: 2
  • # Of Units - Apt. Type 4: 4
  • # Of Units - Apt. Type 5: 4
  • # Of Units - Apt. Type 6: 4
  • # Of Washers: 18
  • # Of Window/Ac: 18
  • Air Conditioning: Central Air
  • Approximate Age: 1-6 Years
  • East: 1200
  • Electric Expense Source: $
  • Electrical Service: Circuit Breakers
  • Electricity Expense: $2,100
  • Exterior Building Type: Brick
  • Fireplace: 18
  • Fuel Expense: $1,500
  • Fuel Expense Source: $
  • Gross Rent Multiplier: 13.5
  • Heat/Ventilation: Forced Air, Gas
  • Indoor Parking: 6-12 Spaces
  • Insurance Expense: $10,000
  • Janitor Expense: $5,000
  • Janitor Expense Source: $
  • List Date: 12/06/17
  • Lot Dimensions: 100X135X102X116
  • Lot Size: 13035
  • Lot Sq Ft: 13035
  • Misc Inside: Elevator/S Passenger, Storage Inside
  • Monthly Income - 1: $1,425
  • Monthly Income - 2: $1,900
  • Monthly Income - 3: $1,600
  • Monthly Income - 4: $1,600
  • Monthly Income - 5: $1,600
  • Monthly Income - 6: $1,600
  • Monthly Income Max - 1: $1,450
  • Monthly Income Max - 2: $2,225
  • Monthly Income Max - 3: $1,700
  • Monthly Income Max - 4: $1,900
  • Monthly Income Max - 5: $1,825
  • Monthly Income Max - 6: $1,725
  • Net Operating Income Year: $2,016
  • Other Expense Source: $
  • Other Expenses: $2,500
  • Outdoor Parking: 6-12 Spaces
  • Parking Spaces: 18
  • Repairs-Decor Expense: $3,450
  • Repairs-Decor Expense Source: $
  • Scavenger Expense: $4,800
  • South: 6448
  • Tax Year: 2016
  • Taxes: $44,438
  • Tenant Pays: Air Conditioning, Electric, Heat, Other
  • Total Annual Exp: 33350
  • Total Annual Income: $369,600
  • Total Monthly Income: $30,800
  • Township: Hyde Park
  • Type: Multi Family Home
  • Type Multi-Family: Condo/Townhouse
  • Units: 18
  • Water Expense: $1,500
  • Water Expense Source: $
Plus Real Estate Services, Inc.
Peter Twardowski
110 Higgins Road
Park Ridge, IL 60068
Phone: 773-297-0789
Fax: (708) 867-6150 
Contact Us
 

Testimonials

Thanks for all your help in making our "dream home" a reality. We really appreciated that you went the extra mile to get us the best price for our home. You are truly a professional. John and Rhonda Robinson
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773-297-0789 | Contact Us
110 Higgins Rd. - Park Ridge, IL 60068
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