See Home Value
Chicago 60637 Park Manor
6830 South Prairie Avenue
$101,291*
House - Off Market

6830 South Prairie Avenue

Chicago, IL 60637
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1772 Sqft
$90,000 - $100,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Attention all investors! Do we have an opportunity for you on this. Priced way below market value and ready for a quick sale. This property is corporate owned and used as a rental unit. There's currently a HCV  (Section 8) renter who has been there for three years.  Great tenant, any investor would be happy to own this guaranteed money maker. This property is being rented at $1400 a month. Get about a 17% cap rate on a cash for cash investment And with today's rates and a 40% cap rate with a conventional investment loan on the initial investment of 25% down payment. This property has 4 bedrooms, 2 full bathrooms and a full finished basement. This home was a full gut rehab inside and out with brand new everything, from hvac, roof, windows, appliances and more. Was also recently updated in 2017. This is one of three listed properties 6830 S. Prairie, 7145 S. Maplewood and 7632 Rhodes. Seller may consider a package deal if someone was interested in all three.

The manager has listed the unit size as 1772 square feet.
Unit Size
1,772Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$51
Property Type
House
Property Taxes
$2,681
HOA Dues
-
Year Built
1925

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Feb 5, 2021 In contract -
In contract
Jan 19, 2021 Listed $90,000
Listed
Nov 6, 2020 No longer available -
No longer available
Sep 5, 2020 Price Increased $119,900
↑ $21K (21.1%)
Price Increased
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Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,359 ft²
$73/ft²
$99,000 Feb 8, 2024
-
$154/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200731
07/31/2020
4 Bed
2 Bath
962 ft²
$109,000
bedrooms
4 Bed
bathrooms
2 Bath
square feet
962 ft²
-
-
-
-
20180821
08/21/2018
4 Bed
2 Bath
962 ft²
-
bedrooms
4 Bed
bathrooms
2 Bath
square feet
962 ft²
-
-
-
-

Building Info

6830 South Prairie Avenue 6830 South Prairie Avenue, Chicago, IL 60637
More about this Building
6830 South Prairie Avenue
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About South Side


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