417 E 60th Street, Chicago IL 60637
$450,000

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Property Description

LOCATION, LOCATION, LOCATION! A HALF MILE FROM THE UNIVERSITY OF CHICAGO MEDICAL AND UNIVERSITY CAMPUS 1 MILE FROM THE OBAMA LIBRARY JUST WALK UP 60TH STREET AND YOU ARRIVE AT THE LIBRARY WALK A LITTLE FURTHER EAST AND YOUR AT THE MUSEUM OF SCIENCE AND INDUSTRY AND JUST BEYOND THAT THE LAKE FRONT AND BEACH! A 15 MINUTE DRIVE TO DOWNTOWN CHICAGO! THIS IS UNIQUE OPPORTUNITY FOR A SEASONED DEVELOPER OR REHABBER. TOO MANY EXIT OPTIONS: PERFECT FOR AN RENTAL HOLD, Airbnb, STUDENT HOUSING OR CONDO CONVERSION! THIS CHICAGO STYLE YELLOW BRICK 4 STORY BUILDING HAS VIEWS OF WASHINGTON PARK LOCATED ACROSS THE STREET. THE BUILDING REQUIRES RENOVATION AND REPAIR HOWEVER THE ESTIMATED AFTER RENOVATION VALUE (ARV) IS POTENTIALLY SUBSTANTIAL. THREE UNITS HAVE THREE BEDROOMS ONE BATH. THE GARDEN UNIT IS A ONE BEDROOM ONE BATH. BONUS ALL UNITS HAVE INDIVIDUAL FURNACE AND HOT WATER TANK. TENANT PAYS ALL UTILITIES. LARGE REAR YARD IDEAL FOR INSTALL OF GARAGE FOR ADDITIONAL INCOME. I WOULD NOT WAIT IF I WERE YOU, A TRUE UNIQUE OPPORTUNITY IN WASHINGTON PARK! THIS IS A TRUE REHAB PROJECT FOR SEASONED PROFESSIONALS! BRING YOUR CONTRACTORS.

Listed by Shiree Booker for Realty One Group Heartland | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Features & Information

Key Details

  • List Price $450,000
  • Property Taxes $5,141
  • Price/ Sq. Ft. Unavailable
  • Year Built 1922
  • Parking Type None
  • Buyer's Agent Commission 0%
  • Status Active

Rooms

  • Total Rooms 22
  • Basement P

Exterior Features

  • Parking

  • Parking Details None
  • # of Cars:  0

Building Information

  • Number of Units 4
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Gas
  • Units

  • Unit 1 None
  • Unit 2 None
  • Unit 3 None
  • Unit 4 None

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property Lake Shore Drive To 53rd Street Exit 53rd To Lake Park South On Lake Park To 55th Street West On 55th Street To Cottage Grove South On Cottage Grove To 60th Street West On 60th To Property. Building On The South Side Of Street Across From Washington Park.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 5141
  • Tax Year 2022
  • Parcel Identification Number 20154010050000

Utilities

  • Sewer Sewer-Publ

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