6322 N Albany Avenue, Chicago, IL 60659

6322 N Albany Avenue, Chicago, IL 60659

0 beds 0 baths 0 Sqft

Overview Neighborhood Amenities Price details

$3,270,000 Earn $65,400

• Active Under Contract

167 days on Market

$3,270,000

Credit Back up to $65,400*

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Description:

Active Under Contract - Other for sale

This property has a pending offer.

The offering consists of a 24-unit courtyard style building. The unit mix contains 7 one-bedroom, 16 two-bedroom, and 1 three-bedroom apartment. 11 of the 24 units have been fully renovated. The renovated units are achieving approximately $200 more per month in rental income than the non-renovated units. This is an opportunity for a new investor to continue with unit renovations and stabilize the operations of the property through building and unit improvements and increasing rents to market levels

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MLS: #12298513

Location

* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.

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Facts and features:

Current Use: Multi-Family

Furnished: Unfurnished

Status: Active Under Contract

Listed Date: 02/24/2025

Days On Market: 167

Lot Size (Acres): 0.28

Lot Size (Square Feet): 12276

See 3 more

Structure:

Year Built: 1930

Construction Materials: Brick, Concrete

Foundation Details: Brick/Mortar

Tax:

Parcel Number: 13011010390000

Zoning: Multi

Agent:

Office Name: Real Realty Inc

Office Phone: 773-869-0500

Listing Agent Full Name: Alen Redzic

List Agent MLS ID: TREC #182289

Score:

-chicago-for-sale-6322 n albany avenue, chicago, il 60659-MRED12298513

Mortgage All cash

Monthly expenses $24,226

Property Tax $3,305

HOA Fee $0

Homeowners Insurance $872

Due at Close $3,155,550

List price $3,270,000

Closing costs $49,050

beycome Pre-paid title settlement fee: $199Learn more

beycome Credit Est. $65.4K

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Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
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