See Home Value
Woodlawn 62898
606 N MAIN Street
$191,327*
Multifamily - Off Market

606 N MAIN Street

Woodlawn, IL 62898
bedrooms
Studio
bathrooms
0 Bath
square feet
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.
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191101
11/01/2019
Loft
-
-
$187,000
bedrooms
Loft
bathrooms
-
-
-
-
-
20160117
01/17/2016
Studio
-
4680 ft²
$175,000
bedrooms
Studio
bathrooms
-
square feet
4680 ft²
-
-
-
BRIAN WOOD
CROSS DAVIDSON REAL ESTATE

Building Info

606 North Main Street 606 North Main Street, Woodlawn, IL 62898
More about this Building
606 North Main Street
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About Woodlawn


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