Closed

$650,000

879 Richmond Street, Chicago, IL 60622
8 Beds3 Baths11 days
879 Richmond Street·Chicago, IL 60622
8Bedrooms
3Bathrooms
1914Year Built
About This Home

Pleased to offer, the opportunity to acquire a legal, three-unit multifamily property located in West Town, Chicago. Building is composed of ample-sized, two, three-bedrooms with private closets, one bath units, with wooden floors, and separate wide living room and dining room areas. Third unit contains two bedrooms, a separate den area with closet and an ample sized living and dining room. Building hosts complete HVAC forced air all-throughout with individual mechanicals/furnace per unit. Individual water tanks per unit, with an age range close to five years, and a new roof with transferable warranty. Separate electric breaker panels, and copper water piping; including from city main to the building. A communal washer/dryer availability with washer/dryer in place and a complete and clean masonry garage. Complete thought and emphasis has been placed into the capital expense performance to secure the life and longevity of the building, and to ensure the highest rent income which the submarket and neighborhood call for. Steps from the Chicago Ave., Grand Ave., and Sacramento/California Ave. public transportation, and situated in an area which secures ease of transportation via all cardinal directions; including the diagonal southeast-bound to northwest-bound Grand Avenue. All tenants are month-to-month to secure your needs.

MLS# 11848272Listed August 1, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms3
Total Rooms19

Size & Structure

Garage Spaces2
Year Built1914
Lot Size123X30

Location

CountyCook
TownshipWest Chicago
Zip Code60622

Financial

List Price$650,000
Annual Taxes (2021)$11,060
Monthly Tax Est.$922
Parcel #16013240020000
Interior Features

Heating

Natural Gas

Basement

FinishedFull
Exterior & Lot

Construction

Brick

Roof

Flat
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$11,060
Tax Year 2021
Monthly Tax Est.
$922
per month
Property Location

879 Richmond Street, Chicago, IL 60622Cook County

$650,000
879 Richmond Street
8 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
11 days on market
2-car garage
123X30
$11,060/yr taxes
$4,338
estimated monthly payment
Principal & Interest
$3,416/mo
Property Tax
$922/mo
$650,000
20% — $130,000
3%50%
6.875%
3%12%
Loan Amount
$520,000
Down Payment
$130,000

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

Listed by
Keller Williams ONEChicago
Agent: Manuel Torrejon-Regalado
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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