417 E 60th Street Chicago, IL $ 450,000
417 E 60th Street
$ 450,000
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417 E 60th Street

Chicago, IL, 60637
$ 450,000
Bedrooms10 Baths4.0

Monthly Estimate*

$ 2,991

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Multi-Family Home for sale in Chicago, IL

for $450,000 with 10 bedrooms and 4 full baths. This home was built in 1922.

LOCATION, LOCATION, LOCATION! A HALF MILE FROM THE UNIVERSITY OF CHICAGO MEDICAL AND UNIVERSITY CAMPUS 1 MILE FROM THE OBAMA LIBRARY JUST WALK UP 60TH STREET AND YOU ARRIVE AT THE LIBRARY WALK A LITTLE FURTHER EAST AND YOUR AT THE MUSEUM OF SCIENCE AND INDUSTRY AND JUST BEYOND THAT THE LAKE FRONT AND BEACH! A 15 MINUTE DRIVE TO DOWNTOWN CHICAGO! THIS IS UNIQUE OPPORTUNITY FOR 203K REHAB LOAN LIVE IN ONE RENT THE OTHER 3 APARTMENTS FOR INCOME. TOO MANY EXIT OPTIONS: PERFECT FOR AN RENTAL HOLD, Airbnb, STUDENT HOUSING OR CONDO CONVERSION! THIS CHICAGO STYLE YELLOW BRICK 4 STORY BUILDING HAS VIEWS OF WASHINGTON PARK LOCATED ACROSS THE STREET. THE BUILDING REQUIRES RENOVATION AND REPAIR HOWEVER THE ESTIMATED AFTER RENOVATION VALUE (ARV) IS POTENTIALLY SUBSTANTIAL. THREE UNITS HAVE THREE BEDROOMS ONE BATH. THE GARDEN UNIT IS A ONE BEDROOM ONE BATH. BONUS ALL UNITS HAVE INDIVIDUAL FURNACE AND HOT WATER TANK. TENANT PAYS ALL UTILITIES. LARGE REAR YARD IDEAL FOR INSTALL OF GARAGE FOR ADDITIONAL INCOME. I WOULD NOT WAIT IF I WERE YOU, A TRUE UNIQUE OPPORTUNITY IN WASHINGTON PARK! THIS IS A TRUE REHAB PROJECT FOR SEASONED PROFESSIONALS! BRING YOUR CONTRACTORS.

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Multi-Family Active

Price

$ 450,000

Bedrooms

10

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,141

Style

Year Built

1922

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12042838

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Year Built 1922
Township Hyde Park
Tax Year 2022
Percent Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 22
Status Active
Directions LAKE SHORE DRIVE TO 53RD STREET EXIT 53RD TO LAKE PARK SOUTH ON LAKE PARK TO 55TH STREET WEST ON 55TH STREET TO COTTAGE GROVE SOUTH ON COTTAGE GROVE TO 60TH STREET WEST ON 60TH TO PROPERTY. BUILDING
City Chicago
High School District 299
MLS Area CHI - Woodlawn
Waterfront Y/N N
Street Name 60th
Tax Annual Amount 5141
Additional Parcels Y/N N
Days on Market 38
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Partial Partially Finished
Street Suffix Street
Total Bedrooms 10
Total Baths 4
Bedrooms Possible 10
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Water Source Public
Total Parking 0
Lot Dimensions 35 X 125
Exterior Brick
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* Excluded Features
List By
Realty One Group Heartland

Broker

shireembooker@outlook.com

Email

Affordability Calculator

$3,419
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,991
Monthly Property Taxes
$428
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2024$450,000 Listed Price

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417 E 60th Street, Chicago, IL, 60637 is a Multi-Family Home for sale at $450,000. 417 E 60th Street has 10 bedrooms, 4.0 baths, and was built in 1922. The property's zip code is 60637 which is in Chicago, IL