6518 South Francisco Avenue

Chicago, IL 60629

$510,000
Price
8
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This 2-flat brick property offers a fantastic investment opportunity in Chicago's southwest side. The property features two spacious 3-bedroom, 1-bath units on the first and second floors, along with a large In-Law 2-bedroom, 1-bath garden unit, generating great monthly rental income. Each unit showcases an open-concept living space that combines the living room, dining area, and kitchen, perfect for modern living. The first and second floors boast beautiful hardwood flooring, while the garden unit...This 2-flat brick property offers a fantastic investment opportunity in Chicago's southwest side. The property features two spacious 3-bedroom, 1-bath units on the first and second floors, along with a large In-Law 2-bedroom, 1-bath garden unit, generating great monthly rental income. Each unit showcases an open-concept living space that combines the living room, dining area, and kitchen, perfect for modern living. The first and second floors boast beautiful hardwood flooring, while the garden unit is finished with easy-to-maintain tile. Large windows throughout each unit provide ample natural light, creating a bright and welcoming atmosphere. Additional features include a shared in-building laundry facility, individual utilities for each unit, and designated parking spaces in the rear for all tenants. Moderately updated and well-maintained, this property is ideal for both new and experienced investors looking to expand their rental portfolio. Don't miss out on this opportunity to own a versatile income-generating property!
  1. Listed by Cesar Pedroza • Stellar Pref. The Re Clinic
  2. Listed by Gabriela Jaime • Stellar Pref. The Re Clinic

Property Details for 6518 South Francisco Avenue

Area
CHI - Chicago Lawn
Township
Hyde Park
Ownership
Fee Simple
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI
LISTING UPDATED: 11/20/2024 12:06 AM

Property Details for 6518 South Francisco Avenue

StatusActive
MLS #12188348
Days on Market65
Taxes$3,395 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built-
Lot Size0.09 AC / 3,750 SF
CountyCook County

Building Information for 6518 South Francisco Avenue

Stories-Residences3Year Built-Building Size-Lot Size0.09 AC / 3,750 SF

Property Information for 6518 South Francisco 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 Details: Assigned Spaces, Off Alley, Off Street
  • Parking On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights
  • Bath Amenities: Garden Tub
  • Basement Type: Full
  • Bedrooms Possible: 8
  • Basement Description: Finished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: Yes
  • Rebuilt Year: 2014
  • Rehabilitated: Yes
  • Rehab Year: 2014
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 3750
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Flat
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 6518
  • East Coordinate: 0
  • West Coordinate: 2900
  • 3 Br Un In Bldg: Yes
  • Conversion: N
Property and Assessments
  • Buyer Financing: Conventional, FHA, Cash
  • Public Document Count: 0
  • Photos Count: 17
  • Deconversion: N
  • OpenHouse Count: 2
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $875.00
  • Insurance Expense: $1,768.00
  • Manager Expense: $1,000.00
  • Electric Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Manager Expense Source: OP
  • Professional Management Expense: $500.00
  • Water Sewer Expense: $2,729.00
Unit 1
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MTM
Unit 2
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTM
Unit 3
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: MTM

Property History for 6518 South Francisco 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 6518 South Francisco Avenue

Taxable ValueLand$3,187Additions$12,812Total$15,999
Tax Record2022$3,309 ($276 / month)
Home Facts
Baths2.5Total Finished SqFt2,624 SqFtAbove Grade Finished SqFt2,624 SqFtStories2Lot Size3,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1922CountyCOOKAPN19-24-121-026

Schools near 6518 South Francisco Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 12
Public - 9 to 12
Rating
School
Distance
Marquette Elementary School
PublicPK to 8

Gage Park High School
Public9 to 12

Catalyst Maria Charter School
CharterK to 12

Excel Academy - Southwest HS
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.

Similar Homes

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6518 South Francisco Avenue is a multi-family home for sale in Chicago, IL 60629. This property was listed for sale on October 21, 2024 by Stellar Pref. The Re Clinic, it's currently listed at $510,000. It has been on the market for a total of 65 days and was last sold on March 31, 2015. This listing's school district is Chicago Public Schools. Nearby schools include Marquette Elementary School, Gage Park High School and Catalyst Maria Charter School. 6518 South Francisco Avenue is a 8-bed, 3-bath, multi-family home.

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 Stellar Pref. The Re Clinic

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 11/20/2024 12:06 AM. 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.