1401 East 69th Place

Chicago, IL 60637

$712,500
Price
16
Beds
8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

We Can't Wait For You To See This Woodlawn Gem! This 8 Unit Muti-family Is Just Minutes From The New Obama Center, 20 Minutes From Downtown Chicago And Is A Great Income Property With Tremendous Value. All Units Are 2Bed 1bath, Have Hardwood Floors And Stainless Steel Appliances. Four Units Have Separate Living And Dining Rooms. With Coils Set Up For Central A/C, Separate Furnaces And Hot Water Tanks This Is An Investors Dream. With 6 units Available For Immediate Occupancy And Stable Tenants In...We Can't Wait For You To See This Woodlawn Gem! This 8 Unit Muti-family Is Just Minutes From The New Obama Center, 20 Minutes From Downtown Chicago And Is A Great Income Property With Tremendous Value. All Units Are 2Bed 1bath, Have Hardwood Floors And Stainless Steel Appliances. Four Units Have Separate Living And Dining Rooms. With Coils Set Up For Central A/C, Separate Furnaces And Hot Water Tanks This Is An Investors Dream. With 6 units Available For Immediate Occupancy And Stable Tenants In The Others, Don't Miss This Great Investment Opportunity... Schedule Your Showing Today!
  1. Listed by John Holmes • Dream Spots Leasing Inc

Property Details for 1401 East 69th Place

Area
CHI - South Shore
Township
Hyde Park
Zoning
MULTI

Location

Listing Courtesy of Dream Spots Leasing Inc
Add your commute
LISTING UPDATED: 04/09/2024 10:14 AM

Property Details for 1401 East 69th Place

StatusActive
MLS #11746656
Days on Market411
Taxes$11,847 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1910
Lot Size0.13 AC / 5,760 SF
CountyCook County

Location

Listing Courtesy of Dream Spots Leasing Inc
Add your commute

Building Information for 1401 East 69th Place

Stories-Residences8Year Built1910Building Size-Lot Size0.13 AC / 5,760 SF

Payment Calculator

$4,876 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,888

Property Taxes

$987

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1401 East 69th Place

General Information
Addtl Parking Information
  • Open Parking Spaces: 0.0
Location and General Information
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • # Of Washers: 0
  • Basement Description: Unfinished
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air
  • # Of Refrigerators: 8
  • Washer/Dryer Lsd: No
  • # Of Dryers: 0
  • # Of Dishwashers: 0
  • Num of Baths: 8.0
Exterior Features
  • Building Unit Info: No Units Furnished
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat, Other
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Corridor-Exterior Entrance
  • Lot Dimensions: 5760
  • Stories: 2
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Lot Size Source: County Records
  • # Of Ranges: 8
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 19
Miscellaneous
  • Location: Corner,In City Limits
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: $6,500.00
  • Fuel Expense: $.00
  • Gross Income: $87,672.00
  • Gross Scheduled Income: $87,672.00
  • Insurance Expense: $5,000.00
  • Maintenance Expense: $2,500.00
  • Janitor Expense: 0
  • Total Monthly Income: 7306
  • Net Operating Income: $54,889.00
  • Operating Expense: $32,783.00
  • Other Expense: $.00
  • Trash Expense: $3,600.00
  • Water Sewer Expense: $3,600.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 4
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 Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1401 East 69th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1401 East 69th Place

Taxable ValueLand$5,184Additions$52,416Total$57,600
Tax Record2022$11,847 ($987 / month)
Home Facts
Stories2Lot Size5,760 SqFtStyleMulti-Family Res (5+ Units)Year Built1910CountyCOOKAPN20-23-416-001

Schools near 1401 East 69th Place

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 6
Rating
School
Distance
Wadsworth PreK-8th STEM School
PublicPK to 8

Hyde Park Academy High School
Public9 to 12

South Shore Fine Arts Elementary School
PublicPK to 8

Woodlawn Elementary Community School
PublicPK to 6

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1401 East 69th Place is a multi-family home for sale in Chicago, IL 60637. This property was listed for sale on March 28, 2023 by Dream Spots Leasing Inc, it's currently listed at $712,500. It has been on the market for a total of 411 days and was last sold on December 15, 2003. This listing's school district is City Of Chicago School District 299. Nearby schools include Wadsworth PreK-8th STEM School, Hyde Park Academy High School and South Shore Fine Arts Elementary School. 1401 East 69th Place is a 16-bed, 8-bath, multi-family home built in 1910.

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 Dream Spots Leasing Inc

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 04/09/2024 10:14 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.