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Dream Town Realty

312.265.8000

Exclusive Listing Contingent

MLS #11021498

6457-61 N Newark Avenue , Chicago IL, 60631
Norwood Park Two to Four Units

Bed: 7 | Bath: 4 | Tax: 10700 | HOA: -

For Sale: $550,000

-87.7989454,41.9986651

Payment Estimate: $0/month Payment Calculator


Listing Agent
Dympna Fay-Hart

Dympna Fay-Hart


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    10% capitalization rate investment opportunity! ( rents far below market by Long time owner). Opportunity knocks for this rare multi-unit Heart of Norwood Park "compound" in a walk to Metra train location, on the edge of Chicago and Niles. Legal nonconforming 4 flat has Zoning Compliance Certification on file. There are three structures on this large corner lot- steps from the park- with a total of four units, and one permanent tax index number; Great Live-in, or Investor opportunity! Live in the detached structure and rent out the other three(3) units; All apartments in clean well-maintained condition. Rents below market. The 6457 structure was converted from commercial(grocery store) to residential with all permits on file- and pending use for a business license to revert back to the future owner. Great access to all forms of transportation; Predominantly single-family detached neighborhood; City Park 1/2 block away; Possible Redevelopment Opportunity!


    Features and Information

    Property Information

    • List Price: $550,000
    • Tax: $10,700
    • Square Feet: -
    • Market Time: 187
    • Status: Contingent
    • Type: Two to Four Units
    • Built: 1902
    • Garage Spaces: -
    • Dimensions: 8500SF

    Property Location

    • Address: 6457-61 N Newark Avenue
    • Unit: -
    • Unit Floor Level: -
    • City/State: Chicago
    • ZIP: 60631
    • MLS Area: CHI - Norwood Park
    • County: Cook
    • PIN #: 10313110290000

    Features

    • Heat: Gas,Forced Air,Hot Water/Steam,Baseboard
    • Air Conditioning: -
    • Appliances: -
    • Parking: None
    • Age: 100+ Years
    • Exterior: Aluminum Siding
    • Assessments Include: -

    Rooms

    • Total Rooms: 19
    • Bedrooms: 7
    • Master Bedroom: -
    • Bathrooms: 4
    • Master Bath: -

    Copyright 2020 MRED LLC - The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Schools In The Norwood Park Area

    See grade levels, address, and scores for schools in the Norwood Park area.

    20 schools in area
    School Type Level Grade(s) Rating

    Park Ridge Community Consolidated School District 64

    164 South Prospect Ave

    Preschool - Middle PK-8
    NR

    Onahan Elementary School

    6634 West Raven St

    Public Preschool - Middle PK-8
    8

    Garvy J Elementary School

    5225 North Oak Park Ave

    Public Elementary - Middle K-8
    7

    Resurrection High School

    7500 West Talcott Avenue

    Private High 9-12
    NR

    St Bernadettes School For Spec Educ

    7429 North Milwaukee Avenue

    Private PK, 1-3, 10
    NR

    St Sava Academy

    5701 North Redwood Drive

    Private Preschool - Middle PK-8
    NR

    Ebinger Elementary School

    7350 West Pratt Ave

    Public Preschool - Middle PK-8
    9

    Hitch Elementary School

    5625 North Mcvicker Ave

    Public Preschool - Middle PK-8
    7

    St. Juliana School

    7400 W Touhy Ave

    Private Preschool - Middle PK-8
    NR

    St Paul Of The Cross School

    140 South Northwest Highway

    Private Preschool - Middle PK-8
    NR

    Logos Christian Academy

    7280 North Caldwell Avenue

    Private Preschool - High PK-12
    NR

    St. Thecla

    6323 N Newcastle Ave

    Private Preschool - Middle PK-8
    NR

    Edison Park Elementary School

    6220 North Olcott Ave

    Public Preschool - Middle PK-8
    8

    OMBUDSMAN CHICAGO NORTHWEST HS

    7500 North Harlem Ave

    Public High 9-12
    NR

    Niles Esd 71 School District

    6901 West Oakton St

    Preschool - Middle PK-8
    NR

    Taft High School

    6530 West Bryn Mawr Ave

    Public Middle - High 7-12
    8

    Wildwood Elementary School

    6950 North Hiawatha Ave

    Public Elementary - Middle K-8
    9

    Clarence E Culver School

    6901 West Oakton St

    Public Preschool - Middle PK-8
    7

    St Mary Of The Woods School

    7033 North Moselle Avenue

    Private Preschool - Middle PK-8
    NR

    Mary Seat Of Wisdom School

    1352 South Cumberland Avenue

    Private Preschool - Middle PK-8
    NR

    School data provided by GreatSchools.School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly. GreatSchools Ratings provided by GreatSchools.org.

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