Address
6247 W RAVEN Street Chicago, IL
Price
$ 649,997
Property Attributes
  • MLS#11335819
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Norwood Park
  • NeighborhoodNorwood Park East
  • Zip60646
  • Style
  • Year Built1931
  • Taxes$ 7909
  • Price$ 649,997
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
Listing Provided Courtesy Of:
1 Price Real Estate Corporation
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Beautiful Classic Chicago brick and LEGAL 3-Unit building. Located between Jefferson Park, Edgebrook and Norwood Park and near Edison Park and Sauganash. Enjoy the best of Chicago's Northside. This lovely 3-Unit building has been rehabbed and refurbished to for today's buyers and/or savvy investors. This 3,750 sq. ft. lot features wonderful brick build and a 2-car garage with alley access. Many updates throughout this property from the last 5-7 years. Recent exterior updates include new fence and gates, new rear concrete, recently maintained/updated building roof top, recently maintained/updated garage roof including new truss system in the garage, new garage door, new gutters, brick tuck pointing, new front lawn. The main sewer from the building to the street was cleaned out, repaired, and a sewer back flow system was installed. New water heater, refurbished broiler, recently replaced appliances, hallways completely painted and new led lights, newer vinyl windows with new window casings, and 4 all new electric meters, 4 electrical panels, and new electrical wiring throughout much of the building. The basement is a 2 bedroom and 1 bathroom unit mostly updated. The basement is rented for $1050/mo. and tenant pays electric. Basement is currently month-to-month. The first floor is a 2 bedroom and 1 bathroom unit which is completely updated and rented for $1550/mo. and tenant pays electric. First floor currently expires April 30 2022. The second floor is a 2 bedroom and 1 bathroom unit, which is mostly updated but could use a newer kitchen at some point in the future. The second-floor unit rents for $1500/mo. and tenant pays electric. Second floor currently expires May 30 2022. The garage contains 2 spaces and currently rents for $250/mo. The coin laundry are owned by the seller and generate $200/mo. The landlord pays common area electric, building water including trash, building gas, and property taxes. 2020 property taxes were $7,909.64 with no property tax exemptions currently received. The property electrical has mostly been updated and approved by the City of Chicago. The building does have a total of six (6) outstanding electrical violations and the seller has been working with the City of Chicago to resolve them. The Seller has received a detailed proposal for $6050 to resolve the violations which includes the permits and reinspection costs. Additionally, a quote for $2500 to resolve any construction related work associated to the violations work. All paperwork is in possession and can be verified. Seller will provide the buyer $8550 for such repairs. The current owner lives in another state and is unable to watch over the work. Additionally, the units are fully occupied making the work difficult to complete. With the lease expirations nearing it will be an ideal time to complete the work and resolve the violations and provide any personal touches desired to the units. Also note, all previous plumbing violations have been repaired and approved by the City of Chicago.

Elementary School High School
Onahan Elementary School Taft High School
Price History
3/1/2022 Listed $649,997

General Features

Additional Parcels Y/N No
Basement Partial
City Chicago
Community Features Curbs, Sidewalks, Street Lights, Street Paved
County Cook
Days on Market 12
Directions NAGLE OR MILWAUKEE - NORTH OF I-90/SOUTH OF DEVON TO RAVEN
Elementary School Onahan Elementary School
Elementary School District 299
Exterior Features Porch
Garage Spaces 2
Heating Steam, Radiator(s)
High School Taft High School
High School District 299
MLS Area CHI - Norwood Park
Middle/Junior School District 299
New Construction No
Ownership Fee Simple
Possession Closing, Immediate, Lease Back Required, Negotiable, Prior to Closing, Tenant's Rights
Property Type Residential Income
Property Type Two to Four Units
Roof Asphalt, Flat
Sewer Public Sewer
Standard Status Active
Status Active
Street Name RAVEN
Tax Annual Amount 7909.64
Tax Year 2020
Total Rooms 17
Township Jefferson
Year Built 1931
Zoning MULTI

Interior Features

Basement Finished, Exterior Access
Bedrooms Possible 6
Full Baths Building 3
Room Type Enclosed Porch
Street Suffix Street
Total Baths 3
Total Bedrooms 6

Exterior Features

Exterior Vinyl Siding, Brick
Foundation Details Concrete Perimeter
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 30X125
Model 3 FLAT
Other Equipment CO Detectors, Ceiling Fan(s), Sump Pump
Water Source Lake Michigan
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60646

Price
AVG $520K
$650K
Taxes
AVG $6,511
$7,909
Visits
AVG 14
36
Year Built
AVG 1929
1931
Walkscore
AVG 77
81
Data Provided by Walkscore ® not using MLS data