6341 North Wayne Avenue
6341 North Wayne Avenue
$2,580,000
21
14
—
—
—
Closed 10/16/23
Description
No stone left unturned on this stunning classic center entrance. 6341-43 N. Wayne is a legal seven (7) unit apartment building in the desirable Edgewater neighborhood. This high-end renovation offers a new owner an incredible stabilized return and is priced to sell at over a 7.0% cap rate. Renovated in 2022-23, all apartments feature oversized layouts with designerstyled chef kitchens, bathrooms with high end finishes, master suites, private outdoor space, and modern floor plans. Unique designer...No stone left unturned on this stunning classic center entrance. 6341-43 N. Wayne is a legal seven (7) unit apartment building in the desirable Edgewater neighborhood. This high-end renovation offers a new owner an incredible stabilized return and is priced to sell at over a 7.0% cap rate. Renovated in 2022-23, all apartments feature oversized layouts with designerstyled chef kitchens, bathrooms with high end finishes, master suites, private outdoor space, and modern floor plans. Unique designer touches also include streak free graphite applianceswith beautiful Quartz counter tops and classy hardwood floors. In addition to its cosmetic updates, ownership has added new electric service, plumbing, central HVAC systems, new watermain, flood control systems, and in-unit W/D in all units. There is also a new exterior porch with large balconies offering residents a private and ample outdoor space. Both the LoyolaUniversity student population and Edgewater residents are attracted to these apartments opening two renter pools. 6341-43 N. Wayne presents a buyer the rare opportunity to acquirestabilized asset in an excellent location providing a solid cash-on-cash return for many years to come.
- Listed by Matthew Fritzshall • Triton Realty Group LLC
- Listed by Matthew Buckingham • Triton Realty Group LLC
Sold By Citywide Real Estate
Property Details for 6341 North Wayne Avenue
Area
CHI - Edgewater
Num Of Parking Spaces5.0
Location
LISTING UPDATED: 10/19/2023 10:47 AM
Property Details for 6341 North Wayne Avenue
Status | Closed |
---|---|
MLS # | 11811805 |
Days on Market | 119 |
Taxes | $18,500 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Flats |
Year Built | 1917 |
Lot Size | 0.14 AC / 6,250 SF |
County | Cook County |
Location
Building Information for 6341 North Wayne Avenue
Stories-Residences7Year Built1917Building Size-Lot Size0.14 AC / 6,250 SF
Payment Calculator
$15,622 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 6341 North Wayne Avenue
Property History for 6341 North Wayne 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 6341 North Wayne Avenue
Taxable ValueLand$48,000Additions$44,000Total$92,000
Tax Record2022$18,923 ($1,577 / month)
Home Facts
Baths6Total Finished SqFt8,730 SqFtAbove Grade Finished SqFt8,730 SqFtStories3Lot Size6,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1917CountyCOOKAPN14-05-105-003
Schools near 6341 North Wayne 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 - | PK to 8 |
Rating | School | Distance |
---|---|---|
Hayt Elementary School PublicPK to 8 | ||
Senn High School Public9 to 12 | ||
Chicago Math & Sci Elementary Charter Charter6 to 12 | ||
Passages Elementary Charter School CharterPK 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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