6557 South Minerva Avenue
$1,650,000
25
20
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Description
We are pleased to present for sale 6557 S Minerva, a three-story 10-unit apartment building located in the East Woodlawn neighborhood of Chicago. The property is located ~six blocks west of the Jackson Park Golf Course and ~5 blocks south of The University of Chicago, in immediate proximity to the future Obama Presidential Library. The property experienced a complete gut rehab in 2004 deconverting unit count from 12 to 10 for multi-floor, condo-quality residences. The unit makeup is: five (5) 3 Bed/2...We are pleased to present for sale 6557 S Minerva, a three-story 10-unit apartment building located in the East Woodlawn neighborhood of Chicago. The property is located ~six blocks west of the Jackson Park Golf Course and ~5 blocks south of The University of Chicago, in immediate proximity to the future Obama Presidential Library. The property experienced a complete gut rehab in 2004 deconverting unit count from 12 to 10 for multi-floor, condo-quality residences. The unit makeup is: five (5) 3 Bed/2 Bath & five (5) 2 Bed/2 Bath. All units feature hardwood flooring and tile throughout and modern kitchen features: granite countertops, modern cabinets, updated appliances, and dishwashers. The property also features copper plumbing, in-unit updated electric boxes, in-unit laundry facilities, and individual in-unit hot water tanks. From an economic perspective, the property features residents with below-market rental rates that allows a future operator to benefit from the opportunity to bring leases to market rental rates in a location that benefits from long-term economic improvement investment stability.
- Listed by Thomas Hart • 33 Realty
Property Details for 6557 South Minerva Avenue
Area
CHI - Woodlawn
ZoningMULTI
LISTING UPDATED: 11/04/2024 10:27 AM
Property Details for 6557 South Minerva Avenue
Status | Active |
---|---|
MLS # | 12170537 |
Days on Market | 109 |
Taxes | $16,516 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Multi Family 5+-Garden Complex |
Year Built | 1903 |
Lot Size | 0.14 AC / 6,174 SF |
County | Cook County |
Building Information for 6557 South Minerva Avenue
Stories3Residences10Year Built1903Building Size-Lot Size0.14 AC / 6,174 SF
Property Information for 6557 South Minerva Avenue
Property History for 6557 South Minerva Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 6557 South Minerva Avenue
Taxable ValueLand$5,507Additions$72,492Total$77,999
Tax Record2022$16,043 ($1,337 / month)
Home Facts
Stories3Lot Size6,119 SqFtStyleMulti-Family Res (5+ Units)Year Built1903CountyCOOKAPN20-23-119-021
Schools near 6557 South Minerva Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 6 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Wadsworth PreK-8th STEM School PublicPK to 8 | ||
Hyde Park Academy High School Public9 to 12 | ||
Woodlawn Elementary Community School PublicPK to 6 | ||
Univ of Chicago Chtr-Woodlawn Charter6 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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