The Margie Smigel Group, LLC
The Margie Smigel Group, LLC
312-300-7256312-300-7256
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The Margie Smigel Group, LLC
CHICAGO REAL ESTATE AT ITS BEST

6863 N Northwest Highway, Unit Number 1A, Chicago, IL 60631 (MLS # 10677064)

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PRICE $162,500
BEDS 2
BATHS 1 full
HOME SIZE 1,000 sq ft
LOT SIZE n/a

Welcome home to a very well-maintained, first floor, corner, condo unit condo in an excellent area! Walk into freshly painted unit with warm grey tones and a sun drenched unit dotted with south and west windows for that natural, crisp sunlight exposure accentuated by a functional floor plan. The living room refreshingly opens up to a balcony and a beautiful kitchen area with its honey colored kitchen cabinets, an impressive counter-top, s/s appliances and a large space designated for a breakfast table. Each bedroom is very spacious and it boasts huge closets; this unit has three additional closets for extra space too - plus a storage facility in the basement (Storage Unit #1A). And, as we know, the area is phenomenal: walk a few blocks west to downtown Park Ridge or walk a few blocks east to Edison Park - and enjoy the lively scene! Rentals OK. Pets OK. The following section consists of pertinent information to the unit/building. MONTHLY HOA DUES: The HOA dues are $383.83 per month. However, you only pay for electricity and cable/internet. The current owner just paid a special assessment and this covered a new roof, heated gutters and downspouts for the building. The roof now is about 2 months old. There is also discussion among the unit owners to lower the monthly HOA bills but it has not been confirmed yet. PROPERTY TAXES: The current, 2018 property tax bill is $3,071 per year without a homeowner's exemption on this unit. Your property tax bill will be about $678 less with a homeowner's exemption, which will reduce your property tax bill from $3,071 per year to about $2,393 per year. PARKING: This unit is next in line for an assigned parking space; you are guaranteed an assigned parking space but not right away; it will take an estimated 6-12 months in order to receive an assigned parking space; basically, another unit owner has to sell their unit and then you get a spot. In the meantime, there is also a ton of street parking in front of the building on Northwest Highway and one block south on Olmstead Avenue. RENTALS: You can rent this unit! The Association allows up to four (4) units to be rented. Presently, only one (1) unit is rented. Your prospective tenant will need a 680+ FICO score, per HOA rules, and the tenant will need to be approved by the Association. You can easily rent this particular unit for about $1,500 per month and, hence, capture $18,000 in gross rental income per year. Rental comparables can be proven at MLS #10276197 ($1,525) or MLS #10302315 ($1,550). LAUNDRY: There is also a coin-operated washer ($1) and dryer ($1) in the basement. Show and sell. A 10!

DAYS ON MARKET 6 LAST UPDATED 4/1/2020
YEAR BUILT 1968 COMMUNITY Edison Park
COUNTY Cook TOTAL PARKING 1
STATUS Active PROPERTY TYPE(S) Attached Single, Condo


ADDITIONAL DETAILS
2ND BEDROOM FLOORING Vinyl
2ND BEDROOM LEVEL Main Level
2ND BEDROOM SIZE 11X10
2ND BEDROOM WINDOW TREATMENTS (Y/N) None
3RD BEDROOM LEVEL Not Applicable
4TH BEDROOM LEVEL Not Applicable
ADDITIONAL ROOMS Breakfast Room
ADDITIONAL SALES INFORMATION None
ADDTL ROOM 1 FLOORING Vinyl
ADDTL ROOM 1 LEVEL Main Level
ADDTL ROOM 1 NAME Breakfast Rm
ADDTL ROOM 1 SIZE 12X8
ADDTL ROOM 1 WINDOW TREATMENTS (Y/N) None
ADDTL ROOM 10 LEVEL Not Applicable
ADDTL ROOM 2 LEVEL Not Applicable
ADDTL ROOM 3 LEVEL Not Applicable
ADDTL ROOM 4 LEVEL Not Applicable
ADDTL ROOM 5 LEVEL Not Applicable
ADDTL ROOM 6 LEVEL Not Applicable
ADDTL ROOM 7 LEVEL Not Applicable
ADDTL ROOM 8 LEVEL Not Applicable
ADDTL ROOM 9 LEVEL Not Applicable
AGE 51-60 Years
AIR CONDITIONING 2 (Window/Wall Unit)
APPLIANCES All Stainless Steel Kitchen Appliances, Dishwasher, Microwave, Refrigerator
APROX. TOTAL FINISHED SQ FT 0
ARE ANY PROPERTY PHOTOS VIRTUALLY STAGED? No
ASSESSMENT INCLUDES Common Insurance, Exterior Maintenance, Gas, Heat, Lawn Care, Parking, Scavenger, Snow Removal, Water
ASSESSMENT/ASSOCIATION DUES $ 384
BASEMENT None
BASEMENT (Y/N) None
BASEMENT BATHROOMS (Y/N) No
BUILT BEFORE 1978 (Y/N) Yes
COMMON AREA AMENITIES Coin Laundry, Security Door Locks, Storage
DINING ROOM LEVEL Not Applicable
DISABILITY ACCESS AND/OR EQUIPPED No
DRIVEWAY Asphalt, Concrete
ELEMENTARY SCH DIST 299
EXPOSURE S (South), W (West)
EXTERIOR BUILDING TYPE Brick
EXTERIOR PROPERTY FEATURES Balcony
FAMILY ROOM LEVEL Not Applicable
FOUNDATION Concrete
FREQUENCY Monthly
HEAT/FUEL Gas, Hot Water/Steam, Radiant
HIGH SCH DIST 299
INTERIOR PROPERTY FEATURES Storage, Wood Laminate Floors
IS PARKING INCLUDED IN PRICE Yes
JNR HIGH DIST 299
KITCHEN FLOORING Other
KITCHEN LEVEL Main Level
KITCHEN SIZE 11X8
KITCHEN TYPE Eating Area-Table Space
KITCHEN WINDOW TREATMENTS (Y/N) None
LAUNDRY FLOORING Other
LAUNDRY LEVEL Basement
LAUNDRY SIZE 7X7
LAUNDRY WINDOW TREATMENTS None
LISTING TYPE Exclusive Right To Sell
LIVING ROOM FLOORING Wood Laminate
LIVING ROOM LEVEL Main Level
LIVING ROOM SIZE 19X12
LIVING ROOM WINDOW TREATMENTS (Y/N) None
LOT DIMENSIONS COMMON
MANAGEMENT Manager Off-site
MANAGING BROKER (Y/N) No
MASTER ASSOCIATION FEE No
MASTER BEDROOM BATH (Y/N) None
MASTER BEDROOM FLOORING Wood Laminate
MASTER BEDROOM LEVEL Main Level
MASTER BEDROOM SIZE 12X12
MASTER BEDROOM WINDOW TREATMENTS (Y/N) None
OFFERED FOR SALE OR RENT No
OTHER INFORMATION Commuter Train
PARCEL IDENTIFICATION NUMBER 09361080581001
PARKING Assigned Spaces, Off Street
PARKING ON-SITE Yes
PARKING OWNERSHIP Owned
PARKING TYPE Space/s
PROPERTY TYPE Attached Single
REBUILT (Y/N) No
RECENT REHAB (Y/N) No
ROOF TYPE Asphalt/Glass (Shingles)
RURAL (Y/N) N
SALE TERMS Conventional, FHA, Owner May Help/Assist
SEWER Sewer-Public
SPECIAL ASSESSMENTS N
SQUARE FEET SOURCE Other
STATUS Active
TAX EXEMPTIONS None
TAX YEAR 2018, 2018
TAXES 3009.25
TOTAL SQ FT 0
TYPE OF HOUSE Condo
WATER Lake Michigan
WATERFRONT (Y/N) No
ZERO LOT LINE No

ZESTIMATE
$157754  6863 N Northwest Highway, Unit Number 1A, Chicago, IL

RENT ZESTIMATE
$1549 / mo.  6863 N Northwest Highway, Unit Number 1A, Chicago, IL

52 Somewhat Walkable



 
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Listed with Keller Williams Chicago-O'Hare
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