Closed

$345,000

Favorite

beds

baths

6430 S Richmond Street

Chicago, Illinois 60629

Closed / MLS #10786416 / Multiple Unit (2-4) / Chicago Lawn

Listing information updated 9/4/2020 at 8:23pm

**Amazing income generating opportunity** Extra Long and Wide four unit red brick building with three car brick garage on a 34 x 125 lot. All units have been refurbished and are ready for occupancy. Lower level has two separate rental opportunities. both front and rear units have front and back entrances as well as side access. Each offer one bedroom, one bathroom, along with living room//kitchen combo. The expansive first and second floor units have 9' ceilings, Large windows with bright natural light, Separate Living, Separate Dining Room, and Eat in Kitchen. Nothing to do but add or start your investment portfolio! Hi Cap Rate!! S8 ready! FHA approved! Seller is open to closing cost credits. Ask your lender about the 3% down Home Possible Loan Program. CONSERVATIVE ESTIMATED RENTAL INCOME: 3 Bedroom apartments rent for $1200 (x2) =$2400 -one bedroom apartments rent for $1050 (x2)= $2100. Total annual projected income: $4500 x12 =$54,000 yearly. START EARNING RESIDUAL INCOME TODAY!

Full Features

Exterior Type:

Brick

Basement:

Finished

Beds Above Grade:

Heating System:

Gas, Forced Air

Pool:

Age:

91-100 Years

Roof Type:

Flat Roof

Parking Type:

Garage

Parking Spaces:

Garage:

Garage Door Opener(s)

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Acreage:

.09

Taxes & Assessments

Tax Amount:

$2,956

Tax Year:

2019

Location

Zip Code:

60629

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

Marquette Elementary School

Middle School:

N/A

High School:

Gage Park High School

Listing Office: MPower Residential Brokerage LLC

Listing Office Phone: 312.498.8473

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 9/4/2020 at 8:23pm. 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.

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6430 S Richmond Street is a multiple unit (2-4) which sold for $345,000. 6430 S Richmond Street features 8 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties since July 16th, 2020 and was built in 1925. Nearby schools include Marquette Elementary School and Gage Park High School.