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Image 1 - 6639 South Kenwood Avenue, Chicago, IL 60637, USA - House for sale
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Home For Sale In Chicago, Illinois
6639 South Kenwood Avenue, Chicago, IL 60637, USA

Home For Sale In Chicago, Illinois

house for sale
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Listed: 03/03/24

6639 South Kenwood Avenue, Chicago, IL 60637, USA

Studio Bed:
4 Bath:
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Price
$ 1,5M

About This House

Located in prime East Woodlawn location, rarely available 8-unit MF building! Garden units are 2bed/ 2bath units with in-unit w/d, all units above grade are 3bed/ 2bath units also with in-unit w/d. Building gut renovated in 2016. All units feature hardwood floors, stainless steel appliances, updated electrical and mechanical packages. Roof and windows replaced with renovation. Opportunity to raise rents an additional$300-400/mo without significant renovation as leases turn. Building has an assumable loan with a $1.1M principal balance and 5% rate. Loan has 57 months left to maturity (11/2028maturity). Monthly PandI is roughly$5, 800

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Woodlawn Housing & Living

Household Income

Median household income: $57,238
Number of households: 1,1M
The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.