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Archived over 7 years ago

$159,000

9+ bd 4+ ba 0 sqft

62xx S Wabash, Chicago, IL 60637

Residential Quadplex Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent:
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: Yes
  • Off MLS: Yes
Unit 2 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: Yes
  • Off MLS: Yes
Unit 3 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: Yes
  • Off MLS: Yes
Unit 4 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: Yes
  • Off MLS: Yes

6 Flat! West Woodlawn / Washington Park

Available for immediate assignment and sale! ACTUALLY 6 FLAT

6 Unit Vacant = Asking $159,000

Shares Woodlawn Zip Code

In West Woodlawn, Bordering Washington Park

Photo & Video - https://drive.google.com/drive/folders/1-decvJCPejMmxpJ-m0cVpctoVqsh3w8b


Next Door 13k Lot Owner Willing to Sell as well!

Taxes - $6000 avg, Paid

No Liens

Final Water Bill Generated for Quick Sale!


1 - 3 Bedroom, 1 Bath Unit - $950 to $1295 in rent

5 - 2 Bedroom, 1 Bath Units - $800 - $1195 in rent


Full Gut

Electrical

Plumbing

Fixtures


We can help with contractors!


ARV: $370,000


Comps:


6234 S St. Lawrence Ave, Chicago, IL 60637

12 bed/8 baths

Sold $380,000

Sold 04/03/2019

6112 S Vernon Ave, Chicago, IL 60637

11 Bed/6 baths

Sold $200,000

Sold 12/18/2018


6024 S Eberhart Ave, Chicago, IL 60637

6 unit

18 bed/6 baths

Sold $350,000

Sold 9/21/2018

Location:

62xx S Wabash, Chicago, IL 60637

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.