$875,000
$897,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
6 Baths
SOLD DATE : 08/16/2022
Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11274867
Sold Date 08/16/22
Style Contemporary
Bedrooms 9
Year Built 2020
Annual Tax Amount $1,296
Tax Year 2020
Lot Dimensions 25X132
Property Sub-Type Two to Four Units
Property Description
Beautiful, sleek, newly constructed 3-flat in desirable Bronzeville neighborhood, a hop, skip and jump away from Walmart, tons of restaurants, and the CTA station. Fully occupied 3-flat building with 3-bedroom, 2 full bathrooms, including primary suites, central air, in-unit w/d, chef's kitchen, balconies, and only a couple minutes away from 90/94, historic Hyde Park, Washington Park, and the University of Chicago. Property GRI is currently $77.4K but could be as high as $90,000/yr. with a $76.6K NOI. That's a 7.7 CAP!! Great Investment!
Location
State IL
County Cook
Area Chi - Grand Boulevard
Rooms
Basement None
Interior
Heating Steam
Fireplace N
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Lawrence Dunning • Main Street Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "