Closed

$1,500,000

6363 Ellis Avenue, Chicago, IL 60637
13 Beds7 Baths228 days
6363 Ellis Avenue·Chicago, IL 60637
13Bedrooms
7Bathrooms
2024Year Built
About This Home

IMPECCABLE NEW CONSTRUCTION 3 Unit Building in Chicago's sought after WOODLAWN Neighborhood! This fantastic multi-family property is a perfect investment opportunity for investors. Offering 13 bedrooms and 7 bathrooms, this newly built 3-unit building sits on an oversized lot, providing ample space for comfortable living and endless potential. Each unit is designed with modern living in mind. The second and third floor units boast 4 bedrooms and 2 baths each, while the deluxe duplex down on the first floor offers an impressive 5 bedrooms and 3 baths. With a total floor size of 7,496 sqft, there is plenty of room for all your tenants' needs. One of the highlights of this property is the 1,100 sqft rooftop deck, offering breathtaking views and the perfect space to entertain and relax. This well-constructed building features full masonry, ensuring durability and elegance. The 9-camera remote CCTV system, sump pump with backup, and drain tile throughout the lower level provide added peace of mind. Energy-efficient HVAC systems and tankless water heaters. Privacy is paramount, with a privacy fence surrounding the property. The 3-car garage provides ample parking space for residents. Step inside each unit and be greeted by hardwood floors throughout, custom tiled bathrooms, and spacious interior living spaces. The high-end Italian designed FORNO appliances, 36-inch gas range, and custom European kitchen cabinetry add a touch of luxury to each unit. With energy-efficient HVAC and tankless water heaters, your tenants will enjoy both comfort and cost savings. Convenience is key in Woodlawn. Just a 5-minute drive away is the prestigious University of Chicago-Booth School of Business, offering exceptional educational opportunities. The highly anticipated Barack Obama Presidential Library is only a 4-minute drive away, attracting visitors from all over the world. Commuting is a breeze with the Metra 63rd Street commuter train and CTA Cottage Grove elevated train station both within minutes of the property. For outdoor enthusiasts, the beautiful Promontory Point Lakefront Trail is a short 8-minute drive away, offering scenic views and recreational activities. Don't miss out on this prime investment opportunity! Whether you're a house hacker looking to live in one unit and rent out the others, or an investor seeking a lucrative 1031 Exchange opportunity, this property ticks all the boxes. Contact us today to schedule a viewing and make this amazing property your own. ***THE DEVELOPER IS OFFERING A CLOSING COST CREDIT TO THE BUYERS, ADDING ANOTHER LAYER OF VALUE TO THIS INCREDIBLE OPPORTUNITY.***

MLS# 11974575Listed February 5, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms13
Total Bathrooms7
Total Rooms34

Size & Structure

Garage Spaces3
Year Built2024
Lot SizePER SURVEY

Location

CountyCook
TownshipHyde Park
Zip Code60637

Financial

List Price$1,500,000
Annual Taxes (2022)$1,056
Monthly Tax Est.$88
Parcel #20231060200000
Interior Features

Heating

Natural Gas

Basement

FinishedExterior Entry9 ft + pourFullWalk-Out Access
Exterior & Lot

Construction

Brick

Roof

Flat

Foundation

Brick/MortarConcrete Perimeter

Exterior Features

BalconyRoof DeckDoor Monitored By TV

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$1,056
Tax Year 2022
Monthly Tax Est.
$88
per month
Property Location

6363 Ellis Avenue, Chicago, IL 60637Cook County

$1,500,000
6363 Ellis Avenue
13 bd7 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
228 days on market
3-car garage
PER SURVEY
$1,056/yr taxes
$7,971
estimated monthly payment
Principal & Interest
$7,883/mo
Property Tax
$88/mo
$1,500,000
20% — $300,000
3%50%
6.875%
3%12%
Loan Amount
$1,200,000
Down Payment
$300,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Equitable Investment Group Inc
Agent: Christy Clayborn
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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