Address
6881 N Overhill Avenue, Chicago, IL
Price
$ 3,500,000
Property Attributes
  • MLS#11798018
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Edison 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

Cooling Window Unit(s)
Utilities Sanitary Sewer,Water to Site
Possession Closing
Roof Rubber
Zoning MULTI
Construction Materials Brick,Stone
Year Built 1931
Electric Circuit Breakers
Tenant Pays Electricity
Stories 3
Township Jefferson
Tax Year 2021
Current Use Multi-Family
County Cook
Insurance Expense 8828
Property Type Commercial Sale
Status Active
Directions Norhwest Hwy,North on Overhill to 6881
City Chicago
NumberOfUnitsTotal 20
MLS Area CHI - Edison Park
Street Name Overhill
Tax Annual Amount 25417
Electric Expense 2819
Trash Expense 2758
Water Sewer Expense 7346
Additional Parcels Y/N No
Days on Market 337
Standard Status Active
Property Type Multi Family 5+

Interior Features

Street Suffix Avenue
Basement Unfinished,Exterior Access,Storage Space

Exterior Features

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

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 $1.65M
$3.5M
Taxes
AVG $15,848
$25,417
Visits
AVG 525
1470
Data Provided by Inside Real Estate®
Year Built
AVG 1952
1931
Walkscore
AVG 89
89
Data Provided by Walkscore® not using MLS data