$770,000
$800,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
3,920 Sqft Lot
SOLD DATE : 04/08/2021
Key Details
Sold Price $770,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10978170
Sold Date 04/08/21
Year Built 1917
Annual Tax Amount $8,890
Tax Year 2019
Lot Size 3,920 Sqft
Lot Dimensions 125X25
Property Sub-Type Multi Family 5+
Property Description
Attention Investors this great Hermosa Investment property is already a money maker! Well maintained solid brick 7 Unit with three addresses 2552 and 2548 N Kildare and 4301 W Wrightwood. Tenant Pay their own Electric and Cooking Gas. Total 7 units, (1) 2 bedroom and (5) 1 bedroom units two of which have a dining room too, and (1) Deluxe Studio. All units occupied except 1 which is currently advertised at $950 a month. All electrical boxes updated 2020, furnace 2 years old, new roof 2015, Hot Water Tank 2019 and overall great condition. Large Iron back porch and the interior stairwell are in great condition. Brick in great condition. Detached 2 car, brick garage not being used nor is there any income collected from the garage. Increase your cash flow by renting out the garage, market rent increases and possibly adding laundry facility for which space, electric and plumbing are already in place. Full basement currently used for storage. Cap Rate already at 7.25% in this appreciating area. VALUE ADDED OPPORTUNITY!
Location
State IL
County Cook
Area Chi - Hermosa
Zoning MULTI
Interior
Cooling None
Fireplace N
Building
Level or Stories 2
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Bought with Mitir Patel • Dream Town Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "