$125,000
$129,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
3 Baths
SOLD DATE : 09/25/2020
Key Details
Sold Price $125,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10791709
Sold Date 09/25/20
Bedrooms 2
Year Built 1937
Annual Tax Amount $3,126
Tax Year 2019
Lot Dimensions 35 X 125
Property Sub-Type Two to Four Units
Property Description
Great opportunity for cash flow and value add!! Building has been well maintained by long time owner. Time for new owner to bring building back to life. Separate utilities for all 3 units. 1st floor front was rented to retailer, 1st floor rear previously used as accounting office. 2nd floor is a bright 2 bed/1bath apartment with hardwood floors and fireplace, rented. Opportunity to improve basement, once rented as well. 14%+ cap rate potential, make improvements and increase your return. Ask your Realtor for a summary of income and expenses. Cash only.
Location
State IL
County Cook
Area Chi - Washington Heights
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Roof Type Rubber,Flat
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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Bought with Martina Krstic • Real People Realty Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "