NOT LISTED FOR SALE

6600 S Evans Ave Chicago, IL 60637

West Woodlawn Neighborhood
11 Beds
5 Baths
-- Sq Ft
1903 Built

Last Sold June 21, 2023

Last sale price $215,000

68 Days on Market

About This Home

As of June 2023

6600 S. Evans is a five (5) unit building located in the Woodlawn neighborhood of Chicago's South Side. The property sits on a tree lined street and is located only three (3) blocks south of the Cottage Grove "El" train stop, which provides direct, affordable, and easy access to Chicago's downtown. 6600 S. Evans is in need of some TLC, providing a new owner with the opportunity to add tremendous value through renovations in the apartments and updating the building's mechanicals as necessary. Currently, 6600 S. Evans is comprised of three (3) 2Bd/1Ba units, one (1) 3Bd/1Ba unit & one (1) 1Bd/1Ba unit. 6600 S. Evans presents an investor with the rare opportunity of acquiring a true value add project in one of Chicago's most appreciating neighborhoods. Through renovations and bringing 'down' units back up to speed, a new investor could achieve significant cash returns and double digit cap rates.

Last Agent to Sell the Property

Aaron Sklar

Kiser Group Realty Inc License #475161507 Listed on: 02/17/2023

Co-Listed By

Noah Birk

Kiser Group Realty Inc License #475125864

Last Buyer's Agent

Amir Abed

Kale Realty License #475186379

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,033

Year Built

  • Built in 1903

Home Design

  • Garden Apartment

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 25' x 125'
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electricity, heat, hot water

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $1,200
  • Fuel Expense $300
  • Insurance Expense $3,500
  • Maintenance Expense $2,125
  • Manager Expense $2,943
  • Other Expense $2,519
  • Trash Expense $1,800
  • Water Sewer Expense $5,000
  • Operating Expense $26,920
  • Gross Income $65,400
  • Net Operating Income $31,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,033

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Garden Complex
  • Stories: 3
  • Year Built: 1903
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 11
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 250000

Utilities

  • Heat/Ventilation: Individual Furnaces

Condo/Co-op/Association

  • Manager Expense: 2943

Fee Information

  • Trash Expense: 1800
  • Water Sewer Expenses: 5000
  • Janitor Expense: 1500

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25' X 125'

Rental Info

  • Tenant Pays: Electricity, Heat, Hot Water
  • Board Number: 8

Multi Family

  • Net Operating Income: 31940
  • Fuel Expense: 300
  • Insurance Expense: 3500
  • ElectricExpense: 1200
  • GrossIncome: 65400
  • Maintenance Expense: 2125
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 26920
  • Type Multi-Family: Garden Complex

Tax Info

  • Tax Annual Amount: 6033
  • Tax Year: 2021

Range of Values:

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List Price
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
06/21/2023 06/21/23 Sold $215,000 -14.0% --
04/27/2023 04/27/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $250,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Aaron Sklar

    Kiser Group Realty Inc

    Section Image

  • N

    Seller Co-Listing Agent in 2023

    Noah Birk

    Kiser Group Realty Inc

    Section Image
  • Amir Abed

    Buyer's Agent in 2023

    Amir Abed

    Kale Realty

    (312) 890-7694

    3 in this area

    25 Total Sales

    Amir Abed
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11721440

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60637 West Woodlawn

6600 S Evans Ave, Chicago, IL

This home is located at 6600 S Evans Ave, Chicago, IL 60637 since 17 February 2023. This property was built in 1903. 6600 S Evans Ave is a home located in Cook County with nearby schools including Till Elementary Math & Science Academy, Emil G. Hirsch Metropolitan High School, and Gary Comer College Prep.

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