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619 E 74th Street, Chicago, IL 60619
$500,000
619 E 74th Street, Chicago, IL 60619View this property at 619 E 74th Street, Chicago, IL 60619
619 E 74th StreetChicagoIL60619
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Property Description
Stunning, all brownstone and brick corner lot 6 flat in Greater Grand Crossing on a 125 X 50' double lot! This building and its extra full sized lot take up the entire block! 2 minutes to I-90 and 1-94! Completely rehabbed in 2015, all units have living room/dining room combos, spacious and sunny bedrooms and beautifully designed eat in kitchens and baths. There are no garden units, only first and second floor apartments! Use your full sized lot to build your next 6 flat or exterior parking spaces! The layout is as follows: Unit 619 1 & 2 and Unit 623 1 & 2 are 3 bed / 1bth. Unit 621 1 & 2 are 2 bed / 1bth. All tenants are up to date on rent and pay their own gas and electric bill and individual gas and electric meters, furnace and water heater. Units have central heat no central AC, window units only. Landlord only pays common electric meter for common hallway lights, there is no common gas meter. Immediate cash flow with NOI (including 5% vacancy): $48,488, GRM: 7.1, Cap rate 10. Easily Increase rents for an unbeatable asset in this quickly appreciating, very popular South Side neighborhood. AS IS SALE
Full Property Details
Full Property Details for 619 E 74th St
General
- Sold For: $500,000
- Taxes: $4,826 (2021)
- Status: Closed
- Type: Commercial
- MLS ID: 11631514
- Added to Site: 607 day(s) ago
Parking
- Parking Features: Private Lot
Location
- Area: CHI - Greater Grand Crossing
- County: Cook
- Driving Directions: COTTAGE TO 74TH STREET THEN WEST TO 623-615 E. 74TH.
Heating & Cooling
- Heating Type: Central Building Heat, Forced Air, Gas
Structural Information
- Stories/Levels: 2
- Year Built: 1905
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 124.8 x 49.8
Financial Considerations
- Operating Expenses: $22,671
- Assessment Year: 1905
- Tax Amount: $4,826
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Electricity, Heat, Other, Hot Water
Disclosures and Reports
- Property ID: 20272280190000
Listed by @properties Christie's International Real Estate
Sold by Serene Realty, Inc.
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Schools
Schools serving 619 E 74th St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
7350 S Evans Ave, Chicago, IL 60619 | PK-8 | 0.1 mi | |
7740 S Ingleside Ave, Chicago, IL 60619 | 9-12 | 0.6 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 619 E 74th St
Date
Details
Price
Change
Source
12/29/2023
Sold
$500,000
-5.48%
MLS
4/11/2023
Price Reduced
$529,000
-8%
MLS
9/15/2022
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
619 E 74th Street, Chicago, IL 60619 (MLS# 11631514) is a Commercial property that was sold at $500,000 on December 29, 2023. Want to learn more about 619 E 74th Street? Do you have questions about finding other Commercial real estate for sale in Greater Grand Crossing? You can browse all Greater Grand Crossing real estate or contact a Coldwell Banker agent to request more information.