$191,327*
●
Multifamily -
Off Market
606 N MAIN Street
Woodlawn, IL 62898
Studio
0 Bath
4680 Sqft
$153,000 - $187,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Downtown Woodlawn is the location of this multi-family investment
property. The base tenant is the US Postal Service on the main
level. In addition, three income producing apartments are on two
levels; one on the main level and two on the second level. A
multi-year lease was renewed for the commercial space on the ground
level. The apartments have consistently remained occupied resulting
in a 0% vacancy rate for years. The first level apartment
just received a $10,000 full update with new flooring, paint,
Kitchen cabinets and countertops, bath fixtures, lighting and more.
A modern style and monthly rent increasing to $725. All maintenance
on the building is current with system updates or replacements as
needed, no question. Loaded with value and an income stream this
one just makes sense.
The manager has listed the unit size as 4680 square feet.
The manager has listed the unit size as 4680 square feet.
Unit Size
4,680Ft²
Days on Market
-
Land Size
-
Price per sqft
$36
Property Type
Multifamily
Property Taxes
$2,156
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 2, 2024 | Sold to Lisa Derksen, Ronald Derksen | $170,000 | |
Sold to Lisa Derksen, Ronald Derksen | |||
Oct 6, 2021 | No longer available | - | |
No longer available | |||
Jul 27, 2021 | In contract | - | |
In contract | |||
Jun 27, 2021 | Relisted | $170,000 | |
Relisted | |||
Jun 2, 2021 | In contract | - | |
In contract |
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Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/01/2019
|
|
Loft
|
-
|
-
|
$187,000
Loft
-
|
-
-
|
-
|
-
|
01/17/2016
|
|
Studio
|
-
|
4680 ft²
|
$175,000
Studio
-
4680 ft²
|
-
-
|
-
|
BRIAN WOOD
CROSS DAVIDSON REAL ESTATE
|