$765,000
$800,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
4,812 SqFt
SOLD DATE : 09/13/2024
Key Details
Sold Price $765,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 4,812 sqft
Price per Sqft $158
MLS Listing ID 12106663
Sold Date 09/13/24
Maintenance Fees $2,000
Year Built 1965
Annual Tax Amount $9,760
Tax Year 2022
Lot Dimensions 6933
Property Sub-Type Multi Family 5+
Property Description
Solid turn key 8 unit with many recent capital improvements. Strong in place 8% + CAP rate with room to boost NOI even further. Desirable location close to Midway airport and proximity to downtown. All units are 1 bed / 1 ba with solid tenant base. 2 of 8 units are recently updated with new floors and kitchens. Other units are in good condition but with mostly original finishes. Updates in 2023 include New boiler, 100% of windows, plumbing work, masonry work, and much more! 6 space parking pad available for tenant use FCFS as well as space in the basement to add laundry and storage for additional income.
Location
State IL
County Cook
Area Chi - West Lawn
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Building
Level or Stories 2
Structure Type Brick
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Michael Scanlon • eXp Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "