Woodlawn area - Jumbo 6 Unit Building near Chicago University
6115-17 S Langley Ave
Chicago,IL 60637
Woodlawn area - Jumbo Building near Chicago University / After Rehab $7,200 / Month
PRICE CUT $185,000
RENT-READY REPAIR Estimate $190,000 - $200,000
ARV Estimate $500,000 - $550,000
GROSS ROI/CAP 14%
Property Type: 2 Connected / 2-Flat Total of 6 Units
Construction: Brick
Property Class: 2-11
Year Built: 1910
Beds / Baths: 16 / 6
Lot Size (SqFt): 4,270
Building (SqFt): 5,422
PROPERTY INFORMATION
Great opportunity for rental near University. Brick duplex in the very popular and well-kept residential neighborhood of Woodlawn Area right by University of Chicago. Close to I-90, schools. grocery stores, popular coffee shops and restaurants, public transit and bike infrastructure. Property requires total rehab.
SOLD COMPARABLE
https://www.redfin.com/IL/Chicago/6119-S-Langley-Ave-60637/home/13943033
https://www.redfin.com/IL/Chicago/6045-S-Rhodes-Ave-60637/home/13944004
CURRENT PICTURES
https://www.dropbox.com/sh/612s36zfjmqmspv/AAArWxqOfE2CP5AxiIwKFdBIa?dl=0
Contact me with any questions or concerns about this property.
Mel: 773-968-8891