3318 W 63RD Place, Chicago, IL 60629

$250,000 Asking Price

4 beds
3 baths

Investor Alert in Chicago Lawn! Discover this turnkey income-producing property boasting a steady $3,500 monthly income. Featuring a robust configuration of 6 bedrooms and 3 full baths, this gem includes a 2-car garage, a fully finished attic, and basement, enhancing its appeal and functionality. Pride of ownership shines through with significant updates including newer thermal pane windows, a 2-year-old roof, and new flood control systems ensuring low maintenance. Currently occupied by reliable tenants on a month-to-month basis who have a history of timely payments, this property promises immediate cash flow with no leases attached. Ideal for investors seeking a hassle-free acquisition. Act now to own this well maintained property ready for its new owner!


Features & Amenities

Interior

Rooms:
Bedroom 5, Bedroom 6, Kitchen
Dining:
Separate
Basement:
Full, English
A/C:
None
Heating:
Natural Gas, Forced Air
Disability Feature:
None

Exterior

General:
Vinyl Siding
Parking:
Garage, Parking spaces: 2

Construction

General:
1.5 Story

Location

HOA Amenities:
Not Applicable
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
19232020250000

Utilities

Water:
Lake Michigan
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Fee Simple
Buyers Agent Compensation:
2%-$350

This listing courtesy of:
RE/MAX MI CASA, Maria Castillo

About Chicago, IL

Housing

Number of Units
1,208,010
Median Home Value
$320,169
Median Rent
$1,131

55.74% of housing units are renter occupied.

9.90% are vacant.

Commute

Car
44.88%
Public Transportation
19.46%
Walk to Work
4.26%
Work from Home
29.59%
Other
0.70%

The median travel time to work is 27 minutes.

People

Population
2,658,686
Median Age
36.40
Median Household Size
2.54

Education

High School
22.12%
Associate’s Degree
5.76%
Bachelor’s Degree
24.28%
Graduate Degree
17.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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