Address
6881 N Overhill Avenue, Chicago, IL
Price
$ 3,500,000
Property Attributes
  • MLS#11798018
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Edison Park
  • NeighborhoodEdison Park
  • Zip60631
  • StyleMulti-Family
  • Year Built1931
  • Taxes$ 25417
  • Price$ 3,500,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

The Unique One-of-a-Kind.. Location, Location, Location; Superbly maintained Edison Park 20 Unit multi-family apartment building same ownership since 1945. Unit mix consisting of 14 one-bedroom one-bathroom Units and 6 two-bedroom one- bathroom units. An Architectural significantly detailed full yellow brick building, copper gutters and down spouts, limestone, 10 year old roof, 10 year old tuckpointing well maintained back porches, on-site coin operate laundry, storage lockers and bike room. Updated and well-maintained Kewanee Co. boiler. Common yard, 2 car brick garage. Steps to Edison Park Metra, Northwest Hwy corridor of restaurants, shops, bars and Park Ridge. Massive Value-Add opportunity here to boost rents and value. These rarely hit the market, so don't miss out and get that cash flow. *Cash Offers Only or Funded Exchanges with POF Only*

Price History
6/2/2023 Listed $4,100,000
9/15/2023 15% - $3,500,000

General Features

Additional Parcels Y/N No
City Chicago
Construction Materials Brick, Stone
Cooling Window Unit(s)
County Cook
Current Use Multi-Family
Days on Market 111
Directions Norhwest Hwy, North on Overhill to 6881
Electric Circuit Breakers
Electric Expense 2819
Insurance Expense 8828
MLS Area CHI - Edison Park
Possession Closing
Property Type Commercial Sale
Property Type Multi Family 5+
Roof Rubber
Standard Status Active
Status Active
Stories 3
Street Name Overhill
Tax Annual Amount 25417
Tax Year 2021
Tenant Pays Electricity
Total Units 20
Township Jefferson
Trash Expense 2758
Utilities Sanitary Sewer, Water to Site
Water Sewer Expense 7346
Year Built 1931
Zoning MULTI

Interior Features

Basement Unfinished, Exterior Access, Storage Space
Street Suffix Avenue

Exterior Features

Exterior Brick, Stone, Limestone
Foundation Details Concrete Perimeter
Frontage Type City Street
Lot Dimensions 79X118X83
Total Parking 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60631

Price
AVG $3.5M
$3.5M
Taxes
AVG $25,417
$25,417
Visits
AVG 604
604
Data Provided by Inside Real Estate®
Year Built
AVG 1931
1931
Walkscore
AVG 89
89
Data Provided by Walkscore® not using MLS data