10606 South Prospect Avenue

Chicago, IL 60643

$485,000
Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Introducing the perfect multi-family investment opportunity at 10606 S Prospect Avenue in Chicago's Beverly neighborhood! This expansive property features a remarkable 2,484 square feet of living space spread over two units. Each unit offers spacious layouts with a total of 8 bedrooms and 4 bathrooms, ensuring ample room for families or individual tenants. Currently, both units are occupied with leases expiring soon. The location of 10606 S Prospect Avenue is unbeatable, nestled in a serene residential...Introducing the perfect multi-family investment opportunity at 10606 S Prospect Avenue in Chicago's Beverly neighborhood! This expansive property features a remarkable 2,484 square feet of living space spread over two units. Each unit offers spacious layouts with a total of 8 bedrooms and 4 bathrooms, ensuring ample room for families or individual tenants. Currently, both units are occupied with leases expiring soon. The location of 10606 S Prospect Avenue is unbeatable, nestled in a serene residential area with easy access to local amenities, schools, and public transportation, making it an attractive option for renters. With its potential for positive rental income, this property is not just a home; it's a smart investment in one of Chicago's most cherished neighborhoods. Whether you are looking to expand your portfolio or step into the lucrative realm of real estate investment, this property promises to be a cornerstone of success.
  1. Listed by Samantha Swaney • GC Realty and Development

Property Details for 10606 South Prospect Avenue

Area
CHI - Beverly
Township
Hyde Park
Ownership
Fee Simple
Num Of Parking Spaces
4.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air
LISTING UPDATED: 08/22/2024 03:07 PM

Property Details for 10606 South Prospect Avenue

StatusContingent
MLS #12071113
Days on Market83
Taxes$5,364 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1890
Lot Size-
CountyCook County

Building Information for 10606 South Prospect Avenue

Stories-Residences2Year Built1890Building Size-Lot Size-

Property Information for 10606 South Prospect Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 14
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 8
  • Basement Description: Finished
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2006
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Irregular
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 170 X 68 X 160 X 67
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: Commuter Bus,Commuter Train
  • North Coordinate: 0
  • South Coordinate: 10606
  • East Coordinate: 0
  • West Coordinate: 1700
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2024-05-31T16:44:03
  • Photos Count: 9
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $2,200.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 5
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MTM
Unit 2
  • Unit Type Actual Rent: $1,740.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTM

Property History for 10606 South Prospect Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10606 South Prospect Avenue

Taxable ValueLand$10,560Additions$15,440Total$26,000
Tax Record2022$5,364 ($447 / month)
Home Facts
Baths2Total Finished SqFt2,484 SqFtAbove Grade Finished SqFt2,484 SqFtStories2Lot Size10,560 SqFtStyleMulti-Family Res (5+ Units)Year Built1893CountyCOOKAPN25-18-214-014Fireplace TypeHas Fireplace

Schools near 10606 South Prospect Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 7 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Morgan Park High School
Public7 to 12

Chicago Excel Academy High School
Public9 to 12

Bridgescape Academy Roseland
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of GC Realty and Development

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 08/22/2024 03:07 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.