6829 S Paxton Ave Chicago, IL 60649
South Shore Neighborhood
12
Beds
6
Baths
8,592
Sq Ft
1925
Built
Highlights
- Multiple Garages
- Property is near a park
- Tennis Courts
- Landscaped Professionally
- Community Pool
- Den
About This Home
As of August 2021DON'T MISS THE FABULOUS OPPORTUNIY FOR AN AWESOME INVESTMENT. THIS IS A SPACIOUS 4 BEDROOM, 2 BATH 3 FLAT BUILDING WITH UNITS APPROXIMATELY 2400 SQUARE FEET EACH. TENANTS OCCUPY 2ND AND 3RD FLOOR UNITS WITH LEASE AND MONTH TO MONTH RESPECTIVELY. SECOND FLOOR UNIT WAS REHABBED IN 2018 WITH UPDATED KITCHEN, BATHS, NEW APPLIANCES, CABINETRY AND REFINISHED HARDWOOD FLOORS. FIRST FLOOR IS PARTIALLY DEMO AND READY FOR REHAB. EACH UNIT HAS HARDWOOD FLOORS THROUGHOUT, WALK IN CLOSET, WIDE HALLWAYS, INDIVIDUAL HEAT WITH COMMON HOT WATER. THERE IS A FULL WALK OUT BASEMENT WITH STORAGE AND LAUNDRY ROOM. THE BUILDING ALSO HAS EXTRA SPACE FOR AN OFFICE AND ANOTHER APPARTMENT. THE EXTRA WIDE LOT HAS A SIDE DRIVE WITH A 4 CAR GARAGE AND SPACE FOR ADDITIONAL TANDEM PARKING. YOU ARE MINUTES FROM LAKE SHORE DRIVE, SOUTH SHORE COUNTRY CLUB AND GOLF COURSE, UNIVERSITY OF CHICAGO AND SOON TO COME OBAMA CAMPUS. THIS IS A VERY UNIQUE PROPERTY WITH THE SPACE OF A HOUSE ON EVERY LEVEL. THE ADDITIONAL SPACE OFF THE GRAND LOBBY AND IN THE HUGE BASEMENT ALLOW YOU TO A WORK OR HAVE A CREATIVE SPACE SEPERATE FROM THE MAIN LIVING QUARTERS. BUILDINGS WITH UNITS THIS LARGE ARE VERY RARE. BRING YOUR CONTRACTOR FOR THE FIRST FLOOR AND DISCOVER THE POSSIBILITIES. SPECIAL FINANCING AVAILABLE FOR QUALIFIED BUYERS WITH GUARANTEED RATE AFFINTY. CALL FOR DETAILS.
Last Agent to Sell the Property
Coldwell Banker Realty License #471011238 Listed on: 05/06/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,525
Year Built
- Built in 1925 | Remodeled in 2018
Lot Details
- Lot Dimensions are 40x190
- Fenced Yard
- Landscaped Professionally
- Paved or Partially Paved Lot
Parking
- 4 Car Detached Garage
- Multiple Garages
- Parking Included in Price
Home Design
- Brick or Stone Mason
- Tar and Gravel Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Entrance Foyer
- Den
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Potential Bedrooms
- 6 Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Home Security
- Intercom
- Storm Screens
Location
- Property is near a park
Utilities
- Two Heating Systems
- Radiator
- Individual Controls for Heating
- Lake Michigan Water
Community Details
Overview
- 3 Units
Recreation
- Tennis Courts
- Community Pool
Building Details
- Electric Expense $1,060
- Fuel Expense $760
- Insurance Expense $5,865
- Maintenance Expense $200
- Manager Expense $2,435
- Professional Management Expense $960
- Trash Expense $77
- Water Sewer Expense $4,881
- Gross Income $38,400
- Net Operating Income $19,830
Similar Homes in Chicago, IL
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2021 08/20/21 | Sold | $550,000 | +4.8% | $64 / Sq Ft |
| 06/18/2021 06/18/21 | Pending | -- | -- | -- |
| 05/06/2021 05/06/21 | For Sale | $525,000 | -- | $61 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2021
Paulette Edwards
Coldwell Banker Realty
(773) 837-0383
5 in this area
158 Total Sales
-
Seller Co-Listing Agent in 2021
Sybil Martin
Coldwell Banker Realty
(773) 491-7217
7 in this area
188 Total Sales
-
Buyer's Agent in 2021
Percy Crudup
North Clybourn Group, Inc.
(773) 683-9735
1 in this area
9 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11079441
APN: 20244110050000
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