6881 North Overhill Avenue

Chicago, IL 60631

$3,500,000
Price
26
Beds
20
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

The Unique One-of-a-Kind.. Location, Location, Location; Superbly maintained Edison Park 20 Unit multi-family apartment building same ownership since 1945. Unit mix consisting of 14 one-bedroom one-bathroom Units and 6 two-bedroom one- bathroom units. An Architectural significantly detailed full yellow brick building, copper gutters and down spouts, limestone, 10 year old roof, 10 year old tuckpointing well maintained back porches, on-site coin operate laundry, storage lockers and bike room. Updated...The Unique One-of-a-Kind.. Location, Location, Location; Superbly maintained Edison Park 20 Unit multi-family apartment building same ownership since 1945. Unit mix consisting of 14 one-bedroom one-bathroom Units and 6 two-bedroom one- bathroom units. An Architectural significantly detailed full yellow brick building, copper gutters and down spouts, limestone, 10 year old roof, 10 year old tuckpointing well maintained back porches, on-site coin operate laundry, storage lockers and bike room. Updated and well-maintained Kewanee Co. boiler. Common yard, 2 car brick garage. Steps to Edison Park Metra, Northwest Hwy corridor of restaurants, shops, bars and Park Ridge. Massive Value-Add opportunity here to boost rents and value. These rarely hit the market, so don't miss out and get that cash flow. Cash Offers Only or Funded Exchanges with POF Only
  1. Listed by Peter Fotopoulos • Dream Town Real Estate

Property Details for 6881 North Overhill Avenue

Area
CHI - Edison Park
Township
Jefferson
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Listing Courtesy of Dream Town Real Estate
Add your commute
LISTING UPDATED: 02/27/2024 07:33 PM

Property Details for 6881 North Overhill Avenue

StatusActive
MLS #11798018
Days on Market380
Taxes$25,417 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1931
Lot Size-
CountyCook County

Location

Listing Courtesy of Dream Town Real Estate
Add your commute

Building Information for 6881 North Overhill Avenue

Stories-Residences20Year Built1931Building Size-Lot Size-

Payment Calculator

$21,219 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,101

Property Taxes

$2,118

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6881 North Overhill Avenue

General Information
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • # Of Washers: 3
  • Basement Description: Unfinished, Exterior Access, Storage Space
  • Heat/Ventilation: Gas,Hot Water,Radiators
  • # Of Window/Ac: 0
  • # Of Refrigerators: 20
  • Misc Inside: Laundry Room
  • # Of Dryers: 3
  • # Of Disposals: 0
  • # Of Dishwashers: 1
  • Num of Baths: 20.0
Exterior Features
  • Building Unit Info: Restriction-Pets,Storage/Locker Area
Utilities / Equipment
  • Utilities: Sanitary Sewer, Water to Site
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance,Flats
  • Lot Dimensions: 79X118X83
  • Stories: 3
  • Exterior Building Type: Brick, Stone, Limestone
  • Construction: Brick, Stone
  • Roof Type: Rubber
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 20
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2023-06-02T14:25:15
  • Photos Count: 28
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Security Entrance,Sidewalks
  • Location: Corner
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 20
Income & Expenses
  • Electric Expense: $2,819.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $8,828.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Total Monthly Income: 9
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $2,758.00
  • Water Sewer Expense: $7,346.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 14
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 6
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • 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 6881 North Overhill 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 6881 North Overhill Avenue

Taxable ValueLand$17,798Additions$108,600Total$126,398
Tax Record2022$25,998 ($2,166 / month)
Home Facts
Stories3Lot Size9,888 SqFtStyleMulti-Family Res (5+ Units)Year Built1931CountyCOOKAPN09-36-109-001

Schools near 6881 North Overhill Avenue

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

Taft High School
Public7 to 12

Ombudsman Chicago Northwest
Public9 to 12

Beard Elementary School
PublicPK to 3

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

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6881 North Overhill Avenue is a multi-family home for sale in Chicago, IL 60631. This property was listed for sale on June 2, 2023 by Dream Town Real Estate, it's currently listed at $3,500,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Ebinger Elementary School, Taft High School and Ombudsman Chicago Northwest. 6881 North Overhill Avenue is a 26-bed, 20-bath, multi-family home built in 1931.

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 Town Real Estate

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.