6213 South Greenwood Avenue
6213 South Greenwood Avenue
$1,120,000
24
6
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—
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Description
6213 s. Greenwood Ave is nestled amongst new construction developments and is located two (2) blocks away from the prestigious University of Chicago. Additionally, the asset sit just blocks away from the construction site of the future Obama Presidential Library. 6213 S. Greenwood, a center entrance six (6) flat, is comprised solely of six (6) extremely spacious 4Bd/1Ba units. All of which, however, have been renovated in the last two years with quartz countertops, LVP flooring, stainless steel appliances,...6213 s. Greenwood Ave is nestled amongst new construction developments and is located two (2) blocks away from the prestigious University of Chicago. Additionally, the asset sit just blocks away from the construction site of the future Obama Presidential Library. 6213 S. Greenwood, a center entrance six (6) flat, is comprised solely of six (6) extremely spacious 4Bd/1Ba units. All of which, however, have been renovated in the last two years with quartz countertops, LVP flooring, stainless steel appliances, & modern cabinetry. 6213 S. Greenwood presents an investor with the rare opportunity to acquire a highly desirable building in one of Chicago's fastest growing and rapidly expanding neighborhoods. From day one, a new operator will realize a 7% cap rate. Given the rapidly changing rental market, an investor could further improve these figures. Solely by raising rents to levels already being achieved in the building, an investor could achieve a cap rate over 8% and a cash return of just under 12%.
- Listed by Aaron Sklar • Kiser Group Realty Inc
- Listed by Noah Birk • Kiser Group Realty Inc
Property Details for 6213 South Greenwood Avenue
Area
CHI - Woodlawn
Location
LISTING UPDATED: 03/19/2024 12:47 PM
Property Details for 6213 South Greenwood Avenue
Status | Active |
---|---|
MLS # | 11994075 |
Days on Market | 92 |
Taxes | $9,775 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Multi Family 5+-Garden Complex |
Year Built | 1902 |
Lot Size | 0.21 AC / 9,000 SF |
County | Cook County |
Location
Building Information for 6213 South Greenwood Avenue
Stories-Residences6Year Built1902Building Size-Lot Size0.21 AC / 9,000 SF
Payment Calculator
$6,927 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 6213 South Greenwood Avenue
Property History for 6213 South Greenwood Avenue
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.
Public Records for 6213 South Greenwood Avenue
Taxable ValueLand$11,312Additions$36,212Total$47,524
Tax Record2022$9,775 ($815 / month)
Home Facts
Baths6Total Finished SqFt9,357 SqFtAbove Grade Finished SqFt9,357 SqFtStories3Lot Size9,050 SqFtStyleMulti-Family Res (5+ Units)Year Built1907CountyCOOKAPN20-14-317-003
Schools near 6213 South Greenwood 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 - | 6 to 12 | |||
Charter - | K to 12 |
Rating | School | Distance |
---|---|---|
Fiske Elementary School PublicPK to 8 | ||
Hyde Park Academy High School Public9 to 12 | ||
Univ of Chicago Chtr-Woodlawn Charter6 to 12 | ||
Univ of Chicago Charter Schools CharterK 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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