6106 North Washtenaw Avenue, Chicago, IL

About 6106 North Washtenaw Avenue

ASSUMABLE MORTGAGE AT 2.375%! Extremely rare opportunity to purchase an updated brick 3 unit on an oversized lot in West Ridge with high cash flow potential from ASSUMING THE MORTGAGE. Keep the ultra-low rate and capitalize on a huge opportunity to have very minimal living expenses as you live in one unit and rent out the other two. The first floor is a 3 bed 2 bath + office, the second floor is a 3 bed 1 bath, and the garden is a non-conforming 2 bed 1 bath. Hardly anything to do as all units have many updates including renovated kitchens, vinyl windows, hardwood floors, large bedrooms, and desirable layouts. Building has a 2017 main boiler, mostly copper water lines, well maintained roof with silver coat, 2014 water heater, wide heated front stairwell with vintage detail, coin laundry, 2 car heated garage, and extra concrete parking pad for 2 additional tandem parking spaces that was previously rented for $125/month. Amazing location and across the street from Green Briar Park, CTA bus stop 1 block away, walking distance to bustling Devon Ave. We may never see 2.375% interest rates ever again! Don't miss this exceptionally rare opportunity. Owner occupancy required for assumption. Current assumable loan balance is $438K.

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