$830,000
$825,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
11,040 SqFt
SOLD DATE : 09/29/2023
Key Details
Sold Price $830,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 11,040 sqft
Price per Sqft $75
MLS Listing ID 11786397
Sold Date 09/29/23
Maintenance Fees $1,750
Year Built 1916
Annual Tax Amount $4,279
Tax Year 2021
Lot Dimensions 50X125
Property Sub-Type Multi Family 5+
Property Description
High Cap Rate of 9.3%!!! NEWLY renovated Apartment building! Completely Gut rehabbed! SEPARATE UTILITIES throughout. All units have NEW Individual Forced Air heating systems equipped with A coils for Central AC ready! New Porches, Newly Insulated enclosed porch areas for additional space in all units. New LP Siding, Commercial Oversized Gutters & Downspouts. New Electric wiring throughout, New Plumbing Throughout, New Drywall, insulation, All Kitchens, All Bathrooms, New hardwood Flooring throughout, Appliances throughout, Laundry for additional income. Newer:Windows, Roof, Tuck-pointing! POTENTIAL 4+ Car Brick Garage with brand new footings, roof and supports! 6 UNITS PLUS +1 non-conforming Garden unit for additional income. Great Investment! Close to all transportation. Right between Beautiful Down Town Chicago & Trendy Oak Park! Easy to Rent!!
Location
State IL
County Cook
Area Chi - Austin
Zoning MULTI
Interior
Cooling Central Air, Partial
Fireplaces Number 6
Fireplace Y
Exterior
Utilities Available Water-Municipal
Building
Level or Stories 3
Structure Type Brick
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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! "