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Listed by Calin Paunescuof Taty Management LLC
$ 1,349,000
Est. payment | /mo
$ 1,349,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12497916
Year Built 1926
Annual Tax Amount $27,142
Tax Year 2024
Lot Dimensions 8750
Property Sub-Type Multi Family 5+
Property Description
The unique opportunity to acquire a meticulously maintained 19-unit walk-up building. This exceptional property with Cap rate of 10.3 features spacious all two-bedroom units adorned with beautiful hardwood floors. The property has undergone several notable improvements, including newer windows, all copper plumbing, a high-efficiency boiler, updated electric systems, a new fence, and recent tuckpointing, new coping, lintel replacement, totally renovated main sewer service and security cameras. There is potential for a significant increase in rent amount with the possibility to use an existing management company Taty Management. Conveniently situated just 9.3 miles south of Chicago's downtown loop area. It is located near "Chicago Transportation Authority" (CTA) 69th Street Red Line train station, ensuring easy commuting options for residents. Additionally, the proximity to the I-94 Expressway and several CTA bus stops, including 24, 67, and 167 routes.
Location
State IL
County Cook
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
Roof Type Rubber
Building
Foundation Concrete Perimeter
Structure Type Brick
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