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6220 N Wayne Avenue

$805,000
6220 N Wayne Avenue, Chicago, IL 60660
6220 N Wayne Avenue

6220 N Wayne Avenue

$805,000

Rarely available all brick 3-unit with additional non-conforming garden apartment building on an extra-wide lot in an awesome Edgewater location! This magnificent building is on the market for the first time in over 30 years! Just 3.5 blocks to the Granville Red Line, 4 blocks to Loyola University and 5 blocks to the lakefront it doesn't get better than this for location. 4-car brick garage parking on site with new doors, a new tear-off roof (2019), separate HVAC systems for the top three units and original vintage details including hardwood floors, built-in dining room hutches and beamed ceilings are just a few of the desirable qualities of this property that make it perfect for the owner occupied buyer or investor alike. 90% of windows have been updated, new tear off roof (2020) as well and building has great light throughout with open views. All tenants are currently under month-to-month leases and building currently generates $67,860 in yearly income. Rents are below market value and could be significantly higher especially with further cosmetic updates. All this in an A+ location close to tons of shopping, restaurants, grocery stores, the Lakefront and the soon to be Peterson Metra Stop that is currently under construction. Rent roll can be provided.
Michael Hall
Michael Hall Contact

Features & Amenities

Interior

Total Bedrooms 8
Total Bathrooms 4

Exterior

Garage Space 4.0
Water Source Public
Lot Features Fenced Yard
Heat type Natural Gas, Forced Air, Indv Controls, Zoned
Sewer Public Sewer

Area & Lot

Status Sold
MLS® ID 11484317
Type Multi-Family
Year Built 1910
Neighborhood Edgewater
Architecture Styles Traditional
ELEMENTARY SCHOOL Hayt Elementary School
HIGH SCHOOL Senn High School
School District 299

Financial

SALES PRICE $805,000
REAL ESTATE TAXES $13,176/yr
Zoning MULTI
Edgewater

Edgewater

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