$630,000
$650,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
5,280 SqFt
SOLD DATE : 10/21/2024
Key Details
Sold Price $630,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 5,280 sqft
Price per Sqft $119
MLS Listing ID 12102604
Sold Date 10/21/24
Year Built 1978
Annual Tax Amount $12,054
Tax Year 2023
Lot Size 6,534 Sqft
Lot Dimensions 80.4X93.6X80.24X94
Property Description
Great investment opportunity to own this brick 6-unit! This flexicore building has three 2 bedroom/1 bath units (1S, 2S, 3S) and three 1 bedroom/1 bath units (1N, 2N, 3N). Unit 2S is the first set of pictures, as well as 3D video and floorplan. Unit 3N is the second set of pictures, as well as 3D video and floorplan. There is coin laundry available on the first floor and 12 exterior parking spaces. The land and parking lot are maintained through the owners association. The association dues are 350/mth. The 2023 property taxes were 12,054. The cap rate is 10.10, and the GRM is 7.97. Since the existing owner purchased it in 2021, four units have been remodeled, and two units have been updated. Since 2021, every unit has had new appliances and new A/C units installed. The boiler was serviced and certified in September 2023, and the water heater was replaced in July 2024.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Wall Sleeve
Fireplace Y
Exterior
Utilities Available Sanitary Sewer, Sewer-Storm Available, Water-Municipal
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick
Others
HOA Fee Include Parking,Insurance,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Hany Morkos • H & V Realty LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States