6630 South Vernon Avenue

Chicago, IL 60637

$695,000
Price
14
Beds
8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to WOODLAWN! This lucrative 8-unit building in Chicago's highly desirable Woodlawn neighborhood is just what you have been waiting for! 7 units features 2 bedrooms, 1 bathroom, and an additional versatile space suitable for an office or bedroom. The 8th unit is a studio. Seize the opportunity with two vacant units, offering potential for immediate occupancy or customization for an instant increase in CASHFLOW. This property combines modern comfort with investment potential in a vibrant community....Welcome to WOODLAWN! This lucrative 8-unit building in Chicago's highly desirable Woodlawn neighborhood is just what you have been waiting for! 7 units features 2 bedrooms, 1 bathroom, and an additional versatile space suitable for an office or bedroom. The 8th unit is a studio. Seize the opportunity with two vacant units, offering potential for immediate occupancy or customization for an instant increase in CASHFLOW. This property combines modern comfort with investment potential in a vibrant community. This property is a no brainer investment. Schedule your showing today! Sold as is.
  1. Listed by Rashauna Scott • Keller Williams ONEChicago
  2. Listed by Trinette Lindsey • Keller Williams ONEChicago

Property Details for 6630 South Vernon Avenue

Area
CHI - Woodlawn
Township
Hyde Park
Zoning
MULTI

Location

Listing Courtesy of Keller Williams ONEChicago
Add your commute
LISTING UPDATED: 05/07/2024 12:08 AM

Property Details for 6630 South Vernon Avenue

StatusActive
MLS #12044067
Days on Market21
Taxes$4,146 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1943
Lot Size0.16 AC / 6,929 SF
CountyCook County

Location

Listing Courtesy of Keller Williams ONEChicago
Add your commute

Building Information for 6630 South Vernon Avenue

Stories-Residences8Year Built1943Building Size-Lot Size0.16 AC / 6,929 SF

Payment Calculator

$4,138 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,793

Property Taxes

$346

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6630 South Vernon Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
  • Open Parking Spaces: 8.0
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers, Separate Meters
  • # Of Washers: 0
  • Heat/Ventilation: Forced Air,Gas
  • # Of Refrigerators: 8
  • Washer/Dryer Lsd: No
  • # Of Dryers: 0
  • # Of Dishwashers: 0
  • Num of Baths: 8.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 55.9X124
  • Lot Size Square Feet: 6929.0
  • Stories: 4
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Structure: Flat
  • Building Area Total: 7040
  • # Of Ranges: 8
Property and Assessments
  • Documents Available: Aerial Map,Demographics,Rent Roll,Tax Bill
  • Public Document Count: 1
  • Document Date: 2024-05-01T15:23:58
  • Photos Count: 55
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $883.00
  • Gross Income: $70,488.00
  • Gross Scheduled Income: $70,488.00
  • Insurance Expense: $2,445.00
  • Maintenance Expense: $2,380.00
  • Janitor Expense: 1357
  • Total Monthly Income: 5490
  • Net Operating Income: $57,156.00
  • Operating Expense: $13,332.00
  • Other Expense: $2,800.00
  • Trash Expense: $1,695.00
  • Water Sewer Expense: $2,829.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 7
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 6630 South Vernon Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6630 South Vernon Avenue

Taxable ValueLand$4,848Additions$5,199Total$10,047
Tax Record2022$2,066 ($172 / month)
Home Facts
Baths6Total Finished SqFt4,440 SqFtAbove Grade Finished SqFt4,440 SqFtStories3Lot Size3,879 SqFtStyleMulti-Family Res (5+ Units)Year Built1945CountyCOOKAPN20-22-224-025

Schools near 6630 South Vernon Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 10 to 12
Charter - K to 8
Rating
School
Distance
Till Elementary Math & Science Academy
PublicPK to 8

Hirsch Metropolitan High School
Public9 to 12

YCCS-Progressive Leadership Acad
Charter10 to 12

CICS Washington Park
CharterK 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.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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6630 South Vernon Avenue is a multi-family home for sale in Chicago, IL 60637. This property was listed for sale on May 1, 2024 by Keller Williams ONEChicago, it's currently listed at $695,000. It has been on the market for a total of 21 days and was last sold on October 1, 2021. This listing's school district is City Of Chicago School District 299. Nearby schools include Till Elementary Math & Science Academy, Hirsch Metropolitan High School and YCCS-Progressive Leadership Acad. 6630 South Vernon Avenue is a 14-bed, 8-bath, multi-family home built in 1943.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams ONEChicago

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/07/2024 12:08 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.