About 623 East Groveland Parkway
This multifamily real estate opportunity is in the Groveland Park neighborhood of Chicago. The subject property of 623 East Groveland Park is located 6.3 miles south of Chicago's downtown Loop area. The property is in an exclusive gated community along the shores of Lake Michigan. The unit mix for this property includes six three-bedrooms / one-bathroom units that measure 1,100-1,200 square feet. The units have open floor plans and are newly renovated with modern finishes. The units feature stainless steel appliances, dark hardwood floors and fresh paint. The building has been well maintained through the current ownership. Recent capital improvements include new plumbing, electric, HVAC, roof and other quality finishes around the property. There is also on-site laundry for additional income for the new owner. Parking and storage are currently included in the rent for the tenants.
Features of 623 East Groveland Parkway
| MLS® # | 11997584 |
|---|---|
| Price | $1,525,000 |
| Bathrooms | 0.00 |
| Acres | 0.11 |
| Year Built | 1903 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Active |
Community Information
| Address | 623 East Groveland Parkway |
|---|---|
| Area | CHI - Douglas |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60616 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Days on Market | 72 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Marcus & Millichap Chicago Apartment Brokers |
|---|