Golf Course - Eco Friendly
Address
6929 S Paxton Avenue Chicago, IL
Price
$ 640,000
Property Attributes
  • MLS#11018552
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - South Shore
  • NeighborhoodSouth Shore
  • Zip60649
  • Style
  • Year Built1929
  • Taxes$ 5171
  • Price$ 640,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
Charles Rutenberg Realty
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

RARE FIND: 7 Units total: Opportunity to own a 6 unit building each with 2BR/1BA ; AND an additional Coach House expansive in size which sits atop a 3 car garage and offers 2BR/2BA. Additional space set up in basement of main building with great potential for a garden unit. This unique property is located on a wide lot in the heart of Jackson Park, just a couple blocks from Lake Michigan, South Shore Cultural Center, Jackson Park Golf Course, and the future site of The Obama Presidential Library. Major Updates around 8 years old include: Rubber roof with silver coating; Both roofs are flat; Copper water lines and Electric replaced- permits pulled; Tuckpointing; Double hung vinyl windows; Heating systems have been replaced. Coach house in need of cosmetic repairs. Potential conversion of garden unit- would make this an 8 unit; Condo conversion would maximize profit. Do not miss this money maker!

Price History
3/12/2021 Listed $640,000

General Features

Additional Parcels Y/N No
City Chicago
Construction Materials Brick
County Cook
Days on Market 78
Directions From 67th: Turn South on to Paxton, property is on the west side of the street on the 6900 block
Electric Expense 600
Fuel Expense 4000
Grossincome 86400
Insurance Expense 4200
MLS Area CHI - South Shore
Maintenanceexpense 3000
Net Operating Income 55380
Operatingexpense 20940
Property Type Multi Family 5+
Property Type Commercial Sale
Roof Metal, Rubber
Standard Status Active
Status Temporarily No Showings
Stories 3
Street Name Paxton
Tax Annual Amount 5171.2
Tax Year 2019
Tenant Pays Electricity, Heat
Total Units 7
Township Hyde Park
Trash Expense 1600
Virtual Tour https://www.corelistingmachine.com/home2/GMVD9D
Water Sewer Expense 3600
Year Built 1929

Interior Features

Basement Unfinished
Street Suffix Avenue

Exterior Features

Exterior Block
Lot Dimensions 37' X 189'
Lot Size Acres 0.16
Total Parking 3

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60649

Price
AVG $610K
$640K
Taxes
AVG $6,025
$5,171
Visits
AVG 233
283
Year Built
AVG 1930
1929
Walkscore
AVG 68
63
Data Provided by Walkscore ® not using MLS data

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