8356 South Mackinaw Avenue

Chicago, IL 60617

$449,000
Price
9
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Excellent opportunity to own this all brick 6 unit building. It is Fully rented. and ideally located just blocks from Lake Shore Drive to Downtown ChicagoExcellent opportunity to own this all brick 6 unit building. It is Fully rented. and ideally located just blocks from Lake Shore Drive to Downtown Chicago
  1. Listed by Rigoberto Garcia • Grinker & Garcia Real Estate

Property Details for 8356 South Mackinaw Avenue

Area
CHI - South Chicago
Zoning
MULTI

Location

Listing Courtesy of Grinker & Garcia Real Estate
Add your commute
LISTING UPDATED: 04/09/2024 12:06 AM

Property Details for 8356 South Mackinaw Avenue

StatusActive
MLS #12015845
Days on Market37
Taxes$2,011 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Hi-Rise
Year Built1903
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Listing Courtesy of Grinker & Garcia Real Estate
Add your commute

Building Information for 8356 South Mackinaw Avenue

Stories-Residences6Year Built1903Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

$2,618 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,450

Property Taxes

$168

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8356 South Mackinaw Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 4.0
Location and General Information
  • Information: Show-Call Listing Office
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • # Of Dishwashers: 0
  • Num of Baths: 6.0
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Hi-Rise
  • Lot Dimensions: 25 X 125
  • Stories: 3
  • Fire Protection: Alarm On Site
  • Building Area Total: 4229
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Photos Count: 1
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $600.00
  • Fuel Expense: $600.00
  • Gross Income: $6,200.00
  • Gross Scheduled Income: $74,400.00
  • Insurance Expense: $4,000.00
  • Maintenance Expense: $2,400.00
  • Janitor Expense: 1200
  • Total Monthly Income: 74400
  • Net Operating Income: $62,535.00
  • Operating Expense: $11,865.00
  • Other Expense: $2,500.00
  • Trash Expense: $720.00
  • Water Sewer Expense: $1,500.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 3
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
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 8356 South Mackinaw Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 8356 South Mackinaw Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Charter - 9 to 12
Charter - K to 8
Public - 4 to 12
Rating
School
Distance
Sullivan Elementary School
PublicPK to 8

Epic Academy High School
Charter9 to 12

LEARN South Chicago
CharterK to 8

CAMELOT SAFE ACADEMY SCHOOL
Public4 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.

Similar Homes

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8356 South Mackinaw Avenue is a multi-family home for sale in Chicago, IL 60617. This property was listed for sale on April 3, 2024 by Grinker & Garcia Real Estate, it's currently listed at $449,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Sullivan Elementary School, Epic Academy High School and LEARN South Chicago. 8356 South Mackinaw Avenue is a 9-bed, 6-bath, multi-family home built in 1903.

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 Grinker & Garcia 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. Based on information submitted to the MLS GRID as of 04/09/2024 12:06 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.