Closed

$289,900

6926 Michigan Avenue, Chicago, IL 60637
5 Beds2 Baths11 days
6926 Michigan Avenue·Chicago, IL 60637
5Bedrooms
2Bathrooms
1903Year Built
About This Home

Explore the perfect blend of timeless elegance and modern functionality in this beautifully maintained 2-unit brick home, held by the same meticulous owner for over two decades. This property showcases exceptional care and quality, presenting a compelling opportunity for both homeowners and investors. First-floor unit: 2 bedrooms, 1 bathroom Second-floor unit: 3 bedrooms, 1 bathroom Comfort & Efficiency: Each unit is equipped with its own furnace and water heater, ensuring efficient, individualized control of heating and water usage. Convenience: Both units feature in-unit laundry hook-ups, adding to the ease of daily living. Expansion Potential: Consider the possibility of transforming the garden space into a third unit, enhancing income potential. Dual Income Strategy: Ideal for those looking to occupy one unit while leasing the other, this property offers a smart approach to managing expenses and generating income. Flexible Rental Options: Perfect for both short-term and long-term rental arrangements, providing various investment possibilities. Long-Term Quality: Two decades of diligent maintenance ensure the property's longevity and reliability. Architectural Charm Meets Modern Amenities: Enjoy the best of both worlds with classic design and contemporary features. Basement Improvements: Recent updates include newly poured concrete complete with drain tiles and a sump pump. Fresh Interiors: New carpeting in both units adds a fresh and inviting touch. Embrace the opportunity to own a unique property that marries historical charm with practical living solutions. Whether as a stable investment or a personal residence with versatile living options, this 2-unit gem stands ready to meet your needs.

MLS# 12071318Listed May 31, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms2
Total Rooms11

Size & Structure

Year Built1903
Lot Size25X159

Location

CountyCook
TownshipHyde Park
Zip Code60637

Financial

List Price$289,900
Annual Taxes (2022)$2,263
Monthly Tax Est.$189
Parcel #20223130290000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFullWalk-Out Access
Exterior & Lot

Construction

Brick

Roof

Rubber

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Off StreetOn Site
Tax & Financial
Annual Taxes
$2,263
Tax Year 2022
Monthly Tax Est.
$189
per month
Property Location

6926 Michigan Avenue, Chicago, IL 60637Cook County

$289,900
6926 Michigan Avenue
5 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
11 days on market
25X159
$2,263/yr taxes
$1,712
estimated monthly payment
Principal & Interest
$1,524/mo
Property Tax
$189/mo
$289,900
20% — $57,980
3%50%
6.875%
3%12%
Loan Amount
$231,920
Down Payment
$57,980

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

Listed by
Fulton Grace Realty
Agent: Jennifer Bell
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