6211-13 South Loomis Boulevard
6211-13 South Loomis Boulevard
$299,999
8
6
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Listed By Compass
Contingent
Description
Fantastic investment opportunity awaits in the rapidly developing Englewood area! This property boasts a brick 4-unit building along with a charming 2- unit frame coach house, providing a total of 6 units ready for renovation. While the units inside may need some tender loving care (TLC), this property is overflowing with potential for savvy investors. Currently, the rents are below market value, offering the perfect chance for the new buyer to make the necessary improvements and transform it into...Fantastic investment opportunity awaits in the rapidly developing Englewood area! This property boasts a brick 4-unit building along with a charming 2- unit frame coach house, providing a total of 6 units ready for renovation. While the units inside may need some tender loving care (TLC), this property is overflowing with potential for savvy investors. Currently, the rents are below market value, offering the perfect chance for the new buyer to make the necessary improvements and transform it into a highly profitable cash-flowing asset. One of the standout features of this property is its convenient location, situated in close proximity to parks and excellent public transportation options. The neighborhood's ongoing development and growth ensure a promising future for this investment. However, it's important to note that due to the coach units on the property, securing a commercial loan would be the ideal financing option for the acquisition. Don't miss out on the chance to capitalize on this lucrative opportunity! With a strategic vision and the right approach, this property can quickly turn into a gem of an investment in Englewood's thriving real estate market. Act now to seize this rare find and unlock its full potential for long-term success.
Listing Agents
Property Details for 6211-13 South Loomis Boulevard
Area
CHI - Englewood
TownshipSouth Chicago
Location
LISTING UPDATED: 06/11/2024 09:04 AM
Property Details for 6211-13 South Loomis Boulevard
Status | Contingent |
---|---|
MLS # | 11977853 |
Days on Market | 123 |
Taxes | $2,614 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Flats |
Year Built | 1918 |
Lot Size | 0.14 AC / 6,250 SF |
County | Cook County |
Location
Building Information for 6211-13 South Loomis Boulevard
Stories-Residences6Year Built1918Building Size-Lot Size0.14 AC / 6,250 SF
Payment Calculator
$1,855 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 6211-13 South Loomis Boulevard
Property History for 6211-13 South Loomis Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 6211-13 South Loomis Boulevard
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 7 to 12 | |||
Charter - | K to 8 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Langford A Elementary School PublicPK to 8 | ||
Lindblom Math & Science Academy High School Public7 to 12 | ||
Providence-Englewood Elementary Charter School CharterK to 8 | ||
Davis M Magnet Elementary School PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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