Sara Carlson
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Unique opportunity to own a five-unit multifamily building at 6050 N. Washtenaw in the desirable West Ridge neighborhood. This income-producing property features three spacious 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units. Recent capital improvements include a newer roof and newer tuckpointing, offering added value and peace of mind. Tenants pay their own gas and electric, helping to minimize owner expenses. The property also includes a 2-car garage, an additional parking pad, and ample storage throughout the building. Until the two 1-bedroom tenants moved out, it was generating approximately $7,050 in monthly rental income, with an annual gross income of $84,600, this is an outstanding opportunity for investors looking to add a solid, well-maintained asset to their portfolio.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Cook
Listed By:
Baird & Warner
773-326-6500
MRED MLS
MLS ID: 12702214
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6050 N Washtenaw Avenue, Chicago, IL 60659.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $900,000 | $900,000 | $900,000 |
| Down Payment | $180,000 | $31,500 | $225,000 |
| Monthly Mortgage Amount | $4,492 | $5,441 | $5,605 |
| Taxes | $1253 | $1253 | $1253 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $540 | $0 |
| Monthly Estimated Total | $6,006 | $7,495 | $7,119 |
Sara Carlson
REALTOR®
REALTOR®, ASP, CRS, E-PRO, HMS
Office: (563) 264-0240
Cell: (563) 506-0241
Licensed in IA
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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