Chicago, IL 60626,6548 N Newgard AVE
Chicago, IL 60626,6548 N Newgard AVE
Chicago, IL 60626,6548 N Newgard AVE
Chicago, IL 60626,6548 N Newgard AVE
Chicago, IL 60626,6548 N Newgard AVE
Chicago, IL 60626,6548 N Newgard AVE
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$ 850,000
Est. payment | /mo

6 Beds

3 Baths


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$ 850,000
Est. payment | /mo
Save

6 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12292257

Bedrooms 6

Year Built 1916

Annual Tax Amount $10,381

Tax Year 2023

Lot Dimensions 30X123

Property Sub-Type Two to Four Units

Property Description

This well-maintained brick 3-flat with 6 beds and 3 full baths, located on one of the most desirable tree-lined streets in Rogers Park, offers a fantastic opportunity for both investors and owner-occupants. The building has seen significant updates in the last couple of years, including a complete tear-off roof, rebuilt decks and staircase, and new concrete sidewalks and parking pad. The top 2 units have been remodeled with an open kitchen concept, updated bathrooms, and new windows, providing modern comfort and style. The plumbing stack and sewer line have also been replaced, adding to the property's long-term value. The first-floor unit is currently occupied by a long-term tenant who has been in place for over 40 years and pays below-market rent, providing stability with potential for future rent increases. The unfinished basement offers additional storage units and features coin laundry, providing added income. Located in a prime area, this building is within easy reach of Loyola, public transportation, local shops, restaurants, and the lakefront, making it an ideal location for tenants or an owner-occupied residence. With most of the large-ticket items already completed, this property is ready for its next owner to enjoy and capitalize on.

Location

State IL

County Cook

Area Chi - Rogers Park

Rooms

Basement Full

Interior

Heating Radiant

Fireplace N

Exterior

Community Features Sidewalks, Street Lights, Street Paved

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Mark Keppy • Dream Town Real Estate
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6548 N Newgard AVE