625 E Groveland Park

Chicago, IL
$ 1,570,000 Beds 3 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

Pleased to present 623-25 E Groveland Park Chicago, IL. Built in 1904 and completely renovated in 2017, this 9,168 SF center entrance six-flat consist of (6) 3 Bdrm / 1 Bath apartments. The apartments are approximately 1,200 SF, feature open floor plans; high ceilings; and quality finishes. Unit amenities include hardwood floors throughout, exposed brick accents, updated bathrooms, kitchens, upgraded 42' cabinets, granite counters and premium appliance packages. The infrastructure improvements include updated electrical service, HVAC, plumbing, windows, roof, gated parking and deck. Groveland Park is a private gated community with a rich history which predates the Civil War. This private enclave sits within the Bronzeville community and has direct access to Lake Shore Drive, I-55 and I-90/94 expressways. Its 4 miles south of Chicago's Central Business District and less than a mile from McCormick Place, the largest convention center in North America. This offering gives an investor the opportunity to acquire a turnkey, maintenance free asset in a location with significant renter and investor demand and achieve risk adjusted returns from Day One, including multiple Exit Strategies. P/L's or OM will be furnished upon request.

Multi-Family

  • Price
  • $ 1,570,000
  • Lot Size
  • Bedrooms
  • 3
  • Full Bathrooms
  • 0
  • Year Built
  • 1903
  • Half Bathrooms
  • 0
  • City, Zip
  • Chicago
  • Taxes
  • $ 15186
  • County
  • COOK
  • Style
  • Area
  • CHI - Douglas
  • MLS#
  • 10963238
  • Zip
  • 60616
Listing Provided by: Keller Williams ONEChicago
Data Source: Midwest Real Estate Data LLC

Features

General

Cooling Central Individual
Property Type Commercial Sale
Property Type Multi Family 5+
Standard Status Active
Stories 3
Tax Annual Amount 15186
Total Units 6
Water Sewer Expense 2164

Exterior Features

Lot Dimensions 60 X 120
Total Parking 6

Room Details

Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Dekalb, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/27/2021 Listed $1,570,000

Property vs Zip Code Average in 60616

Price
AVG $690K
$1.57M
Taxes
AVG $8,337
$15,186
Visits
AVG 67
116
Year Built
AVG 1893
1903
Walkscore
AVG 84
74
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

625 E Groveland Park Chicago, IL is a Single Family Home for sale at $1570000 and a lot size of Acre(s). 625 E Groveland Park Chicago has 3 bedrooms, 0 baths and was built in 1903. The property's zip code is 60616 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.