$925,000
$925,000
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SOLD DATE : 01/12/2023
Key Details
Sold Price $925,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11466418
Sold Date 01/12/23
Year Built 1915
Annual Tax Amount $23,219
Tax Year 2020
Lot Dimensions 100 X 75
Property Sub-Type Mixed Use
Property Description
Two Buildings in One Package deal. The property consists of 2 bldgs. 342-348 E . 71st Street a mixed use bldg. with 3 store fronts and Four 2 bedroom apartments. The 2nd bldg 7051 S. Calumet Ave is a Three Story 6 units apt bldg. All 6 apartments are 2 bedrooms ( Total Ten 2 Bedrooms Appts & 3 Retail Stores). Both BUILDINGS WERE COMPLETELY REMODELED IN 2018 INSIDE & OUTSIDE ,The 6 Units Building needs new painting and some touch up work .Great Income Generating Properties , With Approximately 15% Cap Rate Potential Pro-Forma .
Location
State IL
County Cook
Area Chi - Greater Grand Crossing
Zoning OTHER
Interior
Cooling Central Individual, Office Only
Fireplace N
Exterior
Roof Type Membrane
Building
Level or Stories 3
Structure Type Brick, Concrete
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Bought with Hosam Bader • Horizon Realty Brokers, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "