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6123 N Ravenswood Avenue, Chicago, IL 60660
$800,000 Contingent
6123 N Ravenswood Avenue, Chicago, IL 60660View this property at 6123 N Ravenswood Avenue, Chicago, IL 60660
6123 N Ravenswood AvenueChicagoIL60660
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Property Description
Brick 5-unit apartment building steps away from the incoming Peterson Ridge Metro Station, Hayt Elementary School and Sean High School. The building has newer windows INCLUDING all INTERIOR WINDOW TRIM & CASING throughout the ENTIRE BUILDING. NEWER DECKING & STAIRS. Refreshed Unit 5 when a long term tenant moved out (long-term tenants residing the other 4 units). BUILDING CONSISTS OF ONE 2 BEDROOM 1 BATH UNIT AND FOUR 1 BEDROOM, 1 BATH UNITS. 1ST FLOOR COIN OP LAUNDRY ROOM WITH STORAGE CLOSETS. PICTURES ARE OF Units 1 & 5. SIGNIFICANT CASH FLOW ON THIS BUILDING WITH TREMENDOUS UPSIDE POTENTIAL. Pro-forma rents could be much higher with the new owner. 2 detached car garage. Built 1968, 25x162.8 lot size. As-Is, Where-Is.
Full Property Details
Full Property Details for 6123 N Ravenswood Ave
General
- Price: $800,000
- Taxes: $8,252 (2022)
- Status: Contingent
- Type: Commercial
- MLS ID: 12010381
- Updated: 4/17/2024
- Added to Site: 37 day(s) ago
Interior
- Interior Features: Storage Inside, Laundry Room
Location
- Area: CHI - Edgewater
- County: Cook
- Township: Lake View
- Driving Directions: NORTH OF PETERSON 2 Ridge 2 RAVENSWOOD
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Gas, Baseboard
Utilities
- Trash: 368
Structural Information
- Construction: Brick, Stone
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 3,204
- Current Bldg. Use: Multi-Family
- Year Built: 1968
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
- # Dryers: 1
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 4,050
- Lot Dimensions: 25 x 162
- Frontage: City Street
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $2,698
- Operating Expenses: $15,427
- Assessment Year: 1968
- Tax Amount: $8,252.55
- Tax Year: 2022
- Tenant Pays: Electricity
- Pays Electric: 660
- Pays Trash: 368
Disclosures and Reports
- Property ID: 14062150570000
Listed by eXp Realty, LLC
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Schools
Schools serving 6123 N Ravenswood Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1518 W Granville Ave, Chicago, IL 60660 | PK-8 | 0.3 mi | |
5900 N Glenwood Ave, Chicago, IL 60660 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6123 N Ravenswood Ave
Date
Details
Price
Change
Source
3/22/2024
Listed
$800,000
70.21%
MLS
12/08/2017
Sold
$470,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6123 N Ravenswood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$8,253
2%
$43,543
—
2021
$8,086
5%
$43,543
16%
2020
$7,686
-4%
$37,603
-13%
2019
$7,995
-8%
$43,222
-8%
2018
$8,652
5%
$47,233
23%
2017
$8,241
7%
$38,281
—
2016
$7,667
-4%
$38,281
-12%
2015
$7,984
31%
$43,570
33%
2014
$6,072
-12%
$32,725
-14%
2013
$6,882
1%
$37,838
—
2012
$6,790
—
$37,838
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6123 N Ravenswood Ave
6123 N Ravenswood Avenue, Chicago, IL 60660 (MLS# 12010381) is a Commercial property. 6123 N Ravenswood Avenue is currently listed for $800,000 and was received on March 22, 2024. Want to learn more about 6123 N Ravenswood Avenue? Do you have questions about finding other Commercial real estate for sale in Edgewater? You can browse all Edgewater real estate or contact a Coldwell Banker agent to request more information.