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$ 450,000
Est. payment | /mo
6,098 Sqft Lot
$ 450,000
Est. payment | /mo
6,098 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12064733
Year Built 1927
Annual Tax Amount $1,769
Tax Year 2022
Lot Size 6,098 Sqft
Lot Dimensions 50' X 124'
Property Description
9.7% In-Place Cap Rate with potential to increase current below market rents. Gross Income $82.464. All brick 8 unit in Grand Crossing neighborhood. Less than block away from the 71st & Eberhart bus stop, blocks away from Chicago's 69th train stop, this property sits between the I-94 Express and I-90 interstate which both provide for quick and convenient transportation. This 8 unit has a unique unit mix of apartments and is comprised of two 3Bd/2Ba units, two 2Bd/1Ba unit, and four 0/1Ba studios. All have hardwood flooring throughout with an open style concept. This property has been well kept and is ready for its next investor or owner occupant. Property is being sold As-Is.
Location
State IL
County Cook
Area Chi - Greater Grand Crossing
Interior
Cooling None
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 2
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Listed by Kaela Wright • Hunter's Realty, Inc.
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Sarah Leonard
Broker | Owner