6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 1 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 2 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 3 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 4 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 5 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 6 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 7 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 8 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 9 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 10 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 11 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 12 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 13 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 14 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 15 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 16 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 17 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 18 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 19 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 20 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 21 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 22 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 23 6801 S Loomis Boulevard, CHICAGO IL 60636 Photo 24
Listing Courtesy of Infiniti Properties, Inc.

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6801 S Loomis Boulevard - IDEAL $$ maker for seasoned or 1st time investor! Centrally located to public trans, shopping, expressways & schools! 8-units with 4 units occupied. ALL units have Living/Dining rooms. Bones of blding in great shape. ALL porches 4-5yrs old. 2 basement areas: 1 can be used for coin-op laundry/other for tenant storage. 2 car garage can add more income. Some new windows thru-out blding. Hot water tank & Roof 10yrs old, Electrical System 110. Rents are low & can be increased once building is rehabbed. Building needs remodeling & updating throughout. Once completed blding can bring in $6,330/month. ($750 for 1 bdrooms and $850 for 2 bdrooms)

Listing information

  • MLS® ID: 09289989
  • Status: Active
  • New Construction: No
  • Lot Size: 50X100
  • Style: Multi-Family
  • Stories: 2
  • Foreclosure: No
  • Estimated Annual Taxes: $7,316
  • Year Built: 1927
  • Parking Type Description: None 0 cars
  • Lot Area: 0.22
  • County: Cook

Features

Air Conditioning None
Approximate Age Older
Basement Description Exterior Access, Other, Unfinished
Built Before 1978 (Y/N) Yes
Construction Brick, Concrete
Current Use Residential-Multi-Family
Electrical Service 101-200 Amps, Separate Meters
Exterior Building Type Brick, Stone
Fire Protection Other
Foundation Brick, Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street
Fuel Expense Source Combination
Heat/Ventilation Central Bldg Heat, Forced Air
Information 24-Hr Notice Required, Listing Agent Must Accompany
Known Encumbrances None Known
Land Amenities Cable Ready, Curbs and Gutters, Lighting/Exterior, Other, Sidewalks
Misc Inside Other, Storage Inside
Misc Outside Other, Storms and Screens (as exist)
Other # Of Dishwashers - 0, # Of Dryers - 0, # Of Units - 8, # Of Washers - 0, Electricity Expense - 562, Fuel Expense - 8300, Green Supporting Documents - N, Gross Rent Multiplier - 2.36, Gross Rental Income $ - 2475, Insurance Expense - 1600, Janitor Expense - 2400, Net Oper Income $ - 10000, Other Expenses - 1000, Repairs-Decor Expense - 3000, Scavenger Expense - 1900, Tax Year - 2014, Total Annual Exp - 46000, Total Annual Income - 75960, Total Monthly Income - 6330, Township - Lake, Water Expense - 2300, Zoning Type - Multi
Outdoor Parking 6-12 Spaces
Ownership Type Individual
Possession Closing, Immediate
Potential Use Residential-Multi-Family
Property Type Multi Family 5+
Roof Coverings Rubber
Roof Structure Flat
Sale Terms Conventional, Other
Tenant Pays Electric
Type Multi-Family Corridor-Interior Entrance
Unincorporated (Y/N) No
Utilities To Site Water-Community
Washer/Dryer Lsd (Y/N) No
Listing Courtesy of Infiniti Properties, Inc.