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$500,000
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619 E 74th Street

Chicago, Illinois 60619
Closed / MLS #11631514 / Multiple Family / Greater Grand Crossing
Listing information updated 12/31/2023 at 6:03am
Stunning, all brownstone and brick corner lot 6 flat in Greater Grand Crossing on a 125 X 50' double lot! This building and its extra full sized lot take up the entire block! 2 minutes to I-90 and 1-94! Completely rehabbed in 2015, all units have living room/dining room combos, spacious and sunny bedrooms and beautifully designed eat in kitchens and baths. There are no garden units, only first and second floor apartments! Use your full sized lot to build your next 6 flat or exterior parking spaces! The layout is as follows: Unit 619 1 & 2 and Unit 623 1 & 2 are 3 bed / 1bth. Unit 621 1 & 2 are 2 bed / 1bth. All tenants are up to date on rent and pay their own gas and electric bill and individual gas and electric meters, furnace and water heater. Units have central heat no central AC, window units only. Landlord only pays common electric meter for common hallway lights, there is no common gas meter. Immediate cash flow with NOI (including 5% vacancy): $48,488, GRM: 7.1, Cap rate 10. Easily Increase rents for an unbeatable asset in this quickly appreciating, very popular South Side neighborhood. AS IS SALE

Full Features

Water Front:
No
Square Feet:
N/A
Built:
1905
Stories:
2
Current Net Income:
$51,897
Unit 1:
5 room(s) / 3 bed(s) / 1 bath(s)
Unit 2:
5 room(s) / 3 bed(s) / 1 bath(s)
Unit 3:
3 room(s) / 2 bed(s) / 1 bath(s)
Unit 4:
3 room(s) / 2 bed(s) / 1 bath(s)
Unit 5:
5 room(s) / 3 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:
$4,826
Tax Year:
2021

Location

Zip Code:
60619
City:
Chicago
County:
Cook
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Greater Grand Crossing, IL

Named for its proximity to a historic railroad intersection, Greater Grand Crossing is a community made up of small pocket neighborhoods on Chicago’s South Side. Since the community’s inception at the turn of the 20th century, homes in the popular bungalow style have been a mainstay. But a recen...

Metra

Metra
Metra Electric Main Branch line at Grand Crossing Metra
Metra
Metra Electric South Chicago Branch line at 67th St Metra
$182,328
Average Sale Price
126
Average Days On The Market
93%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 619 E 74th Street, Chicago, IL 60619

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619 E 74th Street is a multiple family which sold for $500,000. This multiple family has been listed on @properties since September 15th, 2022 and was built in 1905. The nearest transit stops include Grand Crossing Metra Metra Metra Electric Main Branch line.

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