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Listed by Mekia Hearnof Serene Realty, Inc.
$ 825,000
Est. payment | /mo
7,898 SqFt
$ 825,000
Est. payment | /mo
7,898 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 7,898 sqft
Price per Sqft $104
MLS Listing ID 12476877
Year Built 1878
Annual Tax Amount $2,749
Tax Year 2023
Lot Dimensions 41.702156, -87.602985
Property Sub-Type Multi Family 5+
Property Description
Oversized Historic Multi-Unit in Pullman - Positive Cash Flow! Own a rare piece of history in Pullman! This oversized multi-unit corner property in Chicago, once home to the historic Pullman Porters, offers unmatched opportunity for investors or owner-occupants. The expansive 3rd-floor residence alone can function as two separate units, creating a total of six. Live in the spacious 3rd-floor unit and rent out the remaining apartments to cover your mortgage while enjoying positive cash flow from day one. Each oversized unit features generous living areas, eat-in kitchens, and two full baths. No two floor plans are alike, making each residence truly one-of-a-kind. Every unit is separately metered for heating, cooling, and electric, adding to the efficiency and tenant convenience. Highlights: -Strong cap rate with positive cash flow -No maintenance needed - in immaculate condition -Three gated outdoor parking spaces with electric remote entry Coin-operated laundry facilities in the basement for added income -Immaculately maintained by a dedicated owner -This property blends historic significance, modern amenities, and exceptional income potential. Don't miss your chance to own this extraordinary Pullman investment property!
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished, Storage Space
Interior
Cooling Central Air, Central Individual
Fireplace Y
Exterior
View Y/N true
Roof Type Reflective Coating,Rubber
Building
Foundation Concrete Perimeter
Structure Type Brick
Others
HOA Fee Include None
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2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States