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- Price$299,999
- Built1918
6211-13 South Loomis Boulevard, Chicago
Fantastic investment opportunity awaits in the rapidly developing Englewood area! This property boasts a brick 4-unit building along with a charming 2- unit frame coach house, providing a total of 6 units ready for renovation. While the units inside may need some tender loving care (TLC), this property is overflowing with potential for savvy investors. Currently, the rents are below market value, offering the perfect chance for the new buyer to make the necessary improvements and transform it into a highly profitable cash-flowing asset. One of the standout features of this property is its convenient location, situated in close proximity to parks and excellent public transportation options. The neighborhood's ongoing development and growth ensure a promising future for this investment. However, it's important to note that due to the coach units on the property, securing a commercial loan would be the ideal financing option for the acquisition. Don't miss out on the chance to capitalize on this lucrative opportunity! With a strategic vision and the right approach, this property can quickly turn into a gem of an investment in Englewood's thriving real estate market. Act now to seize this rare find and unlock its full potential for long-term success.
Essential Information
- MLS® #11977853
- Price$299,999
- Bathrooms0.00
- Acres0.00
- Year Built1918
- TypeCommercial Sale
- Sub-TypeMulti Family 5+
- StatusContingent
- Taxes$2,614
Exterior
- ExteriorFrame
Listing Details
- Listing OfficeCompass
Community Information
- Address6211-13 South Loomis Boulevard
- AreaCHI - Englewood
- CityChicago
- CountyCook
- StateIL
- Zip Code60636
Additional Information
- Days on Market84
Price Change History for 6211-13 South Loomis Boulevard, Chicago, IL (MLS® #11977853)
Date | Details | Price | Change |
---|---|---|---|
Contingent | – | – | |
Active (from New) | – | – |
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Gold Coast Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
Listing information last updated on May 4th, 2024 at 3:38am CDT.