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Chicago 60636 Englewood
6211-13 S Loomis Boulevard
$299,999
Commercial - For Sale

6211-13 S Loomis Boulevard

Chicago, IL 60636
bedrooms
Studio
bathrooms
0 Bath
$1,691
Estimated Monthly
$0
HOA / Fees
2.73%
Cap Rate

About This Property

Fantastic investment opportunity awaits in the rapidly developing Englewood area! This property boasts a brick 4-unit building along with a charming 2- unit frame coach house, providing a total of 6 units ready for renovation. While the units inside may need some tender loving care (TLC), this property is overflowing with potential for savvy investors. Currently, the rents are below market value, offering the perfect chance for the new buyer to make the necessary improvements and transform it into a highly profitable cash-flowing asset. One of the standout features of this property is its convenient location, situated in close proximity to parks and excellent public transportation options. The neighborhood's ongoing development and growth ensure a promising future for this investment. However, it's important to note that due to the coach units on the property, securing a commercial loan would be the ideal financing option for the acquisition. Don't miss out on the chance to capitalize on this lucrative opportunity! With a strategic vision and the right approach, this property can quickly turn into a gem of an investment in Englewood's thriving real estate market. Act now to seize this rare find and unlock its full potential for long-term success.
Unit Size
-
Days on Market
81 days
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$218
HOA Dues
-
Year Built
1970
Last updated: 3 months ago (MREDIL #11977853)

Price History

Date / Event Date Event Price
Feb 9, 2024 Listed by Compass Real Estate $299,999
Listed by Compass Real Estate

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
6 Beds
-
-
$299,999 Aug 7, 2023
-
$134/mo
Multifamily
7 Beds
-
-
$295,000 Aug 2, 2023
-
$11/mo
House
4 Beds
3 Baths
962 ft²
$332/ft²
$319,000 Jan 8, 2024
-
$129/mo
House
6 Beds
3 Baths
2,524 ft²
$111/ft²
$279,000 Sep 21, 2023
-
$43/mo
House
4 Beds
2.5 Baths
1,783 ft²
$149/ft²
$264,900 Dec 30, 2023
-
$66/mo
House
4 Beds
2.5 Baths
2,000 ft²
$125/ft²
$249,900 Jan 19, 2024
-
$129/mo
House
5 Beds
2 Baths
1,536 ft²
$160/ft²
$245,000 Sep 14, 2023
-
$59/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

6211 South Loomis Boulevard 6211 South Loomis Boulevard, Chicago, IL 60636
  • 1 Unit for Sale
More about this Building
6211 South Loomis Boulevard
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About South Side


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