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417 E 60th Street,  Chicago IL, 60637

(Active)
$450,000
|
10 beds, 4 baths
|
MLS# 12042838
Last Updated: 5/21/2024 2:31 AM
Description for 417 E 60th Street Chicago, IL 60637
LOCATION, LOCATION, LOCATION! A HALF MILE FROM THE UNIVERSITY OF CHICAGO MEDICAL AND UNIVERSITY CAMPUS 1 MILE FROM THE OBAMA LIBRARY JUST WALK UP 60TH STREET AND YOU ARRIVE AT THE LIBRARY WALK A LITTLE FURTHER EAST AND YOUR AT THE MUSEUM OF SCIENCE AND INDUSTRY AND JUST BEYOND THAT THE LAKE FRONT AND BEACH! A 15 MINUTE DRIVE TO DOWNTOWN CHICAGO! THIS IS UNIQUE OPPORTUNITY FOR A SEASONED DEVELOPER OR REHABBER. TOO MANY EXIT OPTIONS: PERFECT FOR AN RENTAL HOLD, Airbnb, STUDENT HOUSING OR CONDO CONVERSION! THIS CHICAGO STYLE YELLOW BRICK 4 STORY BUILDING HAS VIEWS OF WASHINGTON PARK LOCATED ACROSS THE STREET. THE BUILDING REQUIRES RENOVATION AND REPAIR HOWEVER THE ESTIMATED AFTER RENOVATION VALUE (ARV) IS POTENTIALLY SUBSTANTIAL. THREE UNITS HAVE THREE BEDROOMS ONE BATH. THE GARDEN UNIT IS A ONE BEDROOM ONE BATH. BONUS ALL UNITS HAVE INDIVIDUAL FURNACE AND HOT WATER TANK. TENANT PAYS ALL UTILITIES. LARGE REAR YARD IDEAL FOR INSTALL OF GARAGE FOR ADDITIONAL INCOME. I WOULD NOT WAIT IF I WERE YOU, A TRUE UNIQUE OPPORTUNITY IN WASHINGTON PARK! THIS IS A TRUE REHAB PROJECT FOR SEASONED PROFESSIONALS! BRING YOUR CONTRACTORS.
Price
$450,000
Cook
10
4
12042838
Active
Description
LOCATION, LOCATION, LOCATION! A HALF MILE FROM THE UNIVERSITY OF CHICAGO MEDICAL AND UNIVERSITY CAMPUS 1 MILE FROM THE OBAMA LIBRARY JUST WALK UP 60TH STREET AND YOU ARRIVE AT THE LIBRARY WALK A LITTLE FURTHER EAST AND YOUR AT THE MUSEUM OF SCIENCE AND INDUSTRY AND JUST BEYOND THAT THE LAKE FRONT AND BEACH! A 15 MINUTE DRIVE TO DOWNTOWN CHICAGO! THIS IS UNIQUE OPPORTUNITY FOR A SEASONED DEVELOPER OR REHABBER. TOO MANY EXIT OPTIONS: PERFECT FOR AN RENTAL HOLD, Airbnb, STUDENT HOUSING OR CONDO CONVERSION! THIS CHICAGO STYLE YELLOW BRICK 4 STORY BUILDING HAS VIEWS OF WASHINGTON PARK LOCATED ACROSS THE STREET. THE BUILDING REQUIRES RENOVATION AND REPAIR HOWEVER THE ESTIMATED AFTER RENOVATION VALUE (ARV) IS POTENTIALLY SUBSTANTIAL. THREE UNITS HAVE THREE BEDROOMS ONE BATH. THE GARDEN UNIT IS A ONE BEDROOM ONE BATH. BONUS ALL UNITS HAVE INDIVIDUAL FURNACE AND HOT WATER TANK. TENANT PAYS ALL UTILITIES. LARGE REAR YARD IDEAL FOR INSTALL OF GARAGE FOR ADDITIONAL INCOME. I WOULD NOT WAIT IF I WERE YOU, A TRUE UNIQUE OPPORTUNITY IN WASHINGTON PARK! THIS IS A TRUE REHAB PROJECT FOR SEASONED PROFESSIONALS! BRING YOUR CONTRACTORS.
Listing Information
Property Type: Multi-Family, Other
10 4
22 1922 Brick
Hyde Park//
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Gas Heat
Partially Finished, Partial
Exterior / Lot Features
Brick
35 X 125
Driving Directions
LAKE SHORE DRIVE TO 53RD STREET EXIT 53RD TO LAKE PARK SOUTH ON LAKE PARK TO 55TH STREET WEST ON 55TH STREET TO COTTAGE GROVE SOUTH ON COTTAGE GROVE TO 60TH STREET WEST ON 60TH TO PROPERTY. BUILDING ON THE SOUTH SIDE OF STREET ACROSS FROM WASHINGTON PARK. OR NORTH OR SOUTH ON MLK STREET TO 60TH STREET EAST ON 60TH STREET BUILDING ON THE SOUTH SIDE OF STREET ACROSS THE STREET FROM WASHINGTON PARK.
Financial Considerations
20154010050000
$5,141
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60637 has a population of 2,781,445.

The median household income in Chicago, Illinois 60637 is $34,555. 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 60637 is 38 years.

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Courtesy: Realty One Group Heartland
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/21/2024. 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 5/21/2024 2:31 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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