NOT LISTED FOR SALE

6258 W Belmont Ave Chicago, IL 60634

Belmont Central Neighborhood
11 Beds
6 Baths
-- Sq Ft
1966 Built

Last Sold November 26, 2019

Last sale price $635,000

8 Days on Market

About This Home

As of November 2019

Straight forward multi-unit. A legitimate and legal 6 unit building held in the same family for decades. Five 2 bedroom, 1 bath apartments. All offer generous sized living and bedroom spaces. They all have a spacious kitchens with room for a dining table. The sixth unit is a three room 1 bedroom, 1 bath ground level apartment. Mostly long time tenants and fully occupied. With some updating to these late 60's-70's kitchens and baths, rents could be maximized. It is quite possible to realize $1,200+ per 2 bedroom unit were they all shiny & new. The leases for ALL the 2 bedroom units expire on May 31, 2020. The sole 1 bedroom lease runs through May 31, 2022. All the windows were replaced about 10 years ago. Roof shingles have been performing their duty faithfully over the years (No knowledge of when it was replaced last). Boiler is original but running like a champion and serviced regularly, bringing baseboard heat to the apartments. Each apartment has their own thermostat. Water heater is a few years old. This Multi unit is quite convenient, with a walk score of 78. Tell your friends, tell your neighbors, tell your investors. Secure an appointment before it is gone. Note - - -The Monthly Minimum is the current actual rent for the units ($5,130 total monthly gross rent).

Last Agent to Sell the Property

John Creighton

Baird & Warner License #475138294 Listed on: 09/27/2019

Baird & Warner

Last Buyer's Agent

Zbigniew Piechocki

Troy Realty Ltd License #475123221

Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Community Details

  • Fuel Expense $6,576
  • Insurance Expense $2,784

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Condominium
  • Utilities To Site: Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2017
  • Net Oper Income: 37093
  • Roof Coverings: Membrane
  • Roof Structure: Flat
  • Scavenger Expense: 1452
  • Total Annual Exp: 24467
  • Total Annual Income: 61560
  • Total Monthly Income: 5130
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1966
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1966

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: 1-5 Spaces, Detached
  • Number Of Parking Spaces: 2

Utilities

  • Heatventilation: Central Bldg Heat, Baseboard
  • Water Expense: 3192

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 516
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 40 X 127
  • Lot Sq Ft: 4998
  • Parcel Identification Number: 13203290370000

Rental Info

  • Gross Rental Income: 61560
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 6576
  • Insurance Expense: 2784
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 9947.69

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2019 11/26/19 Sold $635,000 +1.0% --
10/05/2019 10/05/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $629,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Creighton

    Seller's Agent in 2019

    John Creighton

    Baird Warner

    (847) 417-1605

    27 Total Sales

    John Creighton
    Section Image

  • Z

    Buyer's Agent in 2019

    Zbigniew Piechocki

    Troy Realty Ltd

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10531716

Midwest Real Estate Data (MRED)

APN: 13203290370000

Illinois Cook County Chicago 60634 Belmont Central

6258 W Belmont Ave, Chicago, IL

This home is located at 6258 W Belmont Ave, Chicago, IL 60634 since 27 September 2019. This property was built in 1966. 6258 W Belmont Ave is a home located in Cook County with nearby schools including Lyon Elementary School, Steinmetz College Prep, and Icci Academy.

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