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Listed by Kinga Korpaczof Exit Realty Redefined
$ 550,000
Est. payment /mo
Active Under Contract
6144 W School ST Chicago, IL 60634
6 Beds
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12724950
Bedrooms 6
Year Built 1922
Annual Tax Amount $7,190
Tax Year 2024
Lot Size 3,484 Sqft
Lot Dimensions 3720 SF
Property Sub-Type Two to Four Units
Property Description
Multiple offers received, highest and best due by Sunday 10pm, seller to review the offers Monday morning and make a decision. Exceptional value and an outstanding investment opportunity! This well-maintained, solid 2-unit building with a finished in-law apartment offers generous living space, numerous major updates, and excellent income potential. The first-floor unit features approximately 1,000 square feet of living space with 3 bedrooms, 1 full bathroom, beautiful hardwood floors, and was tastefully updated in 2014. The second-floor unit offers approximately 1,100 square feet, 3 bedrooms, 2 full bathrooms, hardwood flooring, and was updated in 2016. Enjoy the added bonus of a private 12' x 16' balcony, perfect for relaxing or entertaining. The finished lower level was completely updated in 2024 and features a private in-law apartment with 1 bedroom, 1 full bathroom, luxury vinyl plank flooring, and access to the shared laundry area. Major improvements provide peace of mind, including a new roof (2016), detached 2-car garage (2016), both HVAC systems replaced (2016), vinyl replacement windows, and durable Hardie siding. Each of the first and second-floor units has separately metered gas and electric service, while the basement has its own electric meter. The owner is responsible for the water bill. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income, this versatile property offers exceptional flexibility. The second-floor tenant is willing to vacate with 90 days' notice if desired, providing additional options for an owner-occupant or investor.
Location
State IL
County Cook
Community Park, Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Finished, Exterior Entry, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Roof Type Asphalt
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Vinyl Siding,Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None

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