6100 West Miami Avenue

Chicago, IL 60646

$650,000
Last Sold Price
8
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Norwood Park Brick 5-unit building now available. This well-maintained property features: Three 2 bedroom/1 bath units and Two 1 bedroom/1 bath units. Building is in good condition, new items include rear porches & water heater (both in 2018). Other major components previously updated include roof (9 yrs), boiler (11 yrs), tuckpointing (14 yrs), vinyl windows, as well as kitchen cabs updated as-needed within the last 5-10 yrs. Leases on 4/5 units, 1 unit MTM. Upside opportunity to raise rents at...Norwood Park Brick 5-unit building now available. This well-maintained property features: Three 2 bedroom/1 bath units and Two 1 bedroom/1 bath units. Building is in good condition, new items include rear porches & water heater (both in 2018). Other major components previously updated include roof (9 yrs), boiler (11 yrs), tuckpointing (14 yrs), vinyl windows, as well as kitchen cabs updated as-needed within the last 5-10 yrs. Leases on 4/5 units, 1 unit MTM. Upside opportunity to raise rents at lease renewal. Projected rents of $5,700/mo would deliver 6.3% CAP (current $5,100/mo). Easy to manage building ideal for local self-managed owner. Coin laundry and separate tenant storage in basement. Great opportunity to buy in a rock-solid Northwest side location. Schedule your appt today! See income & expensed in add'l info tab.
  1. Listed by Ashley Carter • Keller Williams ONEChicago
  2. Listed by Frank Rodriguez • Keller Williams ONEChicago

Sold By Baird & Warner

Property Details for 6100 West Miami Avenue

Area
CHI - Norwood Park
Township
Jefferson
Num Of Parking Spaces
3.0
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 07/21/2021 08:59 PM

Property Details for 6100 West Miami Avenue

StatusClosed
MLS #11062328
Days on Market90
Taxes$11,266 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1959
Lot Size-
CountyCook County

Location

Add your commute

Building Information for 6100 West Miami Avenue

Stories-Residences5Year Built1959Building Size-Lot Size-

Payment Calculator

$4,486 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$939

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6100 West Miami Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: Show-Special Instructions
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers, Service - 201 to 600 Amps
  • # Of Washers: 1
  • Basement Description: Unfinished
  • Heat/Ventilation: Central Bldg Heat,Hot Water
  • # Of Refrigerators: 5
  • Washer/Dryer Lsd: No
  • Misc Inside: Storage Inside
  • # Of Dryers: 1
  • Num of Baths: 0.0
Exterior Features
  • Misc Outside: Courtyard,Storms and Screens (as exist)
Utilities / Equipment
  • Utilities: Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Flats
  • Lot Dimensions: 94X122X155
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Rubber
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 5
  • Conversion: N
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Multi-Family
  • Public Document Count: 4
  • Document Date: 2021-05-05T16:11:56
  • Photos Count: 41
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Children's Play Yard,Curbs and Gutters,Lighting/Exterior,Security Entrance,Sidewalks,Cable Ready
  • Location: Corner,Water View,Public Transport Avail
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $180.00
  • Fuel Expense: $3,720.00
  • Gross Income: $61,200.00
  • Gross Scheduled Income: $61,200.00
  • Insurance Expense: $3,000.00
  • Maintenance Expense: $2,400.00
  • Electric Expense Source: Actual
  • Known Encumbrances: First Mortgage
  • Expense Year: 2020
  • Total Annual Expense Source: Combination
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Broker Projection
  • Janitor Expense: 0
  • Net Operating Income Year: 2020
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Broker Projection
  • Total Monthly Income: 5100
  • Water Expense Source: Actual
  • Net Operating Income: $35,414.00
  • Operating Expense: $25,786.00
  • Other Expense: $.00
  • Trash Expense: $1,320.00
  • Water Sewer Expense: $3,900.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 3
  • # Of Rooms - Unit 1: 5
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 1050
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
  • # Of Rooms - Unit 2: 4
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 950
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 3: 0
  • Monthly Income - 3: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 4: 0
  • Monthly Income - 4: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 5: 0
  • Monthly Income - 5: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
  • Monthly Income - 6: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 7: 0
  • Monthly Income - 7: 0

Property History for 6100 West Miami 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 6100 West Miami Avenue

Taxable ValueLand$7,114Additions$29,262Total$36,376
Tax Record2022$7,486 ($624 / month)
Home Facts
Baths5Total Finished SqFt3,909 SqFtAbove Grade Finished SqFt3,909 SqFtStories2Lot Size1,712 SqFtStyleMulti-Family Res (5+ Units)Year Built1956CountyCOOKAPN13-05-126-022

Schools near 6100 West Miami Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 7 to 12
Public - PK to 3
Public - 9 to 12
Rating
School
Distance
Hitch Elementary School
PublicPK to 8

Taft High School
Public7 to 12

Beard Elementary School
PublicPK to 3

Ombudsman Chicago Northwest
Public9 to 12

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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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 07/21/2021 08:59 PM. 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.