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623 E Groveland Parkway,  Chicago IL, 60616

(Active)
$1,525,000
|
|
MLS# 11997584
Last Updated: 5/16/2024 4:22 AM
Description for 623 E Groveland Parkway Chicago, IL 60616
This multifamily real estate opportunity is in the Groveland Park neighborhood of Chicago. The subject property of 623 East Groveland Park is located 6.3 miles south of Chicago's downtown Loop area. The property is in an exclusive gated community along the shores of Lake Michigan. The unit mix for this property includes six three-bedrooms / one-bathroom units that measure 1,100-1,200 square feet. The units have open floor plans and are newly renovated with modern finishes. The units feature stainless steel appliances, dark hardwood floors and fresh paint. The building has been well maintained through the current ownership. Recent capital improvements include new plumbing, electric, HVAC, roof and other quality finishes around the property. There is also on-site laundry for additional income for the new owner. Parking and storage are currently included in the rent for the tenants.
Price
$1,525,000
Cook
11997584
Active
Description
This multifamily real estate opportunity is in the Groveland Park neighborhood of Chicago. The subject property of 623 East Groveland Park is located 6.3 miles south of Chicago's downtown Loop area. The property is in an exclusive gated community along the shores of Lake Michigan. The unit mix for this property includes six three-bedrooms / one-bathroom units that measure 1,100-1,200 square feet. The units have open floor plans and are newly renovated with modern finishes. The units feature stainless steel appliances, dark hardwood floors and fresh paint. The building has been well maintained through the current ownership. Recent capital improvements include new plumbing, electric, HVAC, roof and other quality finishes around the property. There is also on-site laundry for additional income for the new owner. Parking and storage are currently included in the rent for the tenants.
Listing Information
Property Type: Multi-Family, Business Opportunities, 3+ Story
0.11 Acres 1903 3
6 Total
Neighborhood
Room Information
Exterior / Lot Features
/- 40 X 124
MULTI
Driving Directions
Located east of MLK between East 33rd Place and East 35th Street or exit Dusable Lakeshore Drive at 31st Street from the north or Oakwood Blvd from the south.
Financial Considerations
17342190350000
$13,513
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60616 has a population of 2,781,445.

The median household income in Chicago, Illinois 60616 is $57,869. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60616 is 38 years.

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Courtesy: Marcus & Millichap Chicago Apartment Brokers
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/16/2024. 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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This content last refreshed on 5/16/2024 4:22 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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