$850,000
$900,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/28/2020
Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10532037
Sold Date 08/28/20
Maintenance Fees $4,500
Year Built 1924
Annual Tax Amount $14,720
Tax Year 2017
Lot Dimensions 62' X 125'
Property Sub-Type Multi Family 5+
Property Description
* 9.02% In Place Cap Rate * 13.57% Pro Forma Cap Rate * New Porches (2015) * New Roof (2014) * Renovated Units Property is a sixteen (16) unit corner building in Chicago's historic South Shore neighborhood consisting of one (1) 1Bd/1Ba unit and fifteen (15) 2Bd/1Ba units. All units are spacious with hardwood floors throughout. Recent improvements to the building include, but are not limited to, new porches (2015), new roof (2014), 600 amp electric service, and renovated kitchens and bathrooms.
Location
State IL
County Cook
Area Chi - South Shore
Interior
Fireplace N
Building
Level or Stories 3
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Bought with Noah Birk • Kiser Group Realty Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "