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LARGE 7 UNIT bldg. 3 units are 3 bedrooms 1 bath and 3 units are 2 bedrooms I bath and garden 2 bedrooms apartment hardwood floor only one tenant in the building takes care of the building units need little work to get rent ready. 6 unit vacant tenant pay for electric owner pay heat and water. high high returns after rented all units only need hardwood floor re finishing painting and some small repairs in the units. newer windows porch decorative fire places some up date kitchens and bath new hot water tank some parking in back. NOI after full rented Aprox 57,000 CAP 31% INCLUDE REPAIRS COST FORECLOSURE BUILDING. building was for sale For $750k in 2006 and 2013 for 273,000 now only 149k for fast sale
This 12 Unit building has great rental potential but needs work to get it ready for renters. Great investment opportunity.
Interra Realty has been exclusively engaged to market 5417-19 S. Drexel for sale. In 1914, the subject property is a eight (8) unit vintage walk-up apartment building that has been recently renovated. The property is just being finished. Ownership is just starting to actively rent the units of which two have been rented right way. The unit mix consists of six (6) three-bedroom and two (2) studio apartments with spacious layouts. The apartments are heated by radiator heat supplied by a brand new boiler. The property has four parking spaces in the rear of the building that rent for $50 per space. Also, there is a laundry room for the tenants with two (2) washers and two (2) dryers of which are owned. Additionally tenants have basement storage that is included in rent. The property is located in the Hyde Park neighborhood of Chicago's south side The building sits on a quiet, tree-lined street blocks from the University of Chicago, the Museum of Science and Industry, and Lake Michigan.
Interra Realty has been exclusively engaged to market 8228-8230 S. Maryland which is a center entrance 6-flat located in the Avalon Park neighborhood. The subject property contains 7 physical units which are comprised of six (6) large two-bedroom units, and one (1) studio apartment. The building boasts newer windows, large layouts, recently renovated kitchens and baths, hardwood floors, and a new roof. The units are heated by radiator heat supplied by a newer boiler system. There is garage in the rear of the property that provides parking for four (4) cars
Nice 6 unit multifamily property. Tenant pays heat. 2 car garage. Fully rented. Drive by and inspect. Call for rent role and expenses. Owner will allow inspection of all units upon accepted contract. Contract would be subject to buyer approval after inspecting all units. Preapproved buyers only.
UNIQUE, ARCHITECTURAL AND ARTISTIC GEM! GORGEOUS PROPERTY IN THE RARELY AVAILABLE HISTORIC OLD TOWN NEIGHBORHOOD. Meticulously maintained, historic 6 flat property located in the heart of Chicago's Historic Old Town neighborhood. Built in the late 1880's, this gem was redesigned in the late 1940's by the famous artist deemed co-founder of Chicago's Old Town neighborhood and Chicago's Renaissance man, Edgar Miller. This property includes: " 2 duplex, 1 bedroom apartments " 1 simplex, 1 bedroom apartment " 1 duplex, 2 bedroom apartment " 1 duplex, 3 bedroom apartment with 2 private balconies " 1 spacious studio apartment with private balcony Within this building you will find much artistic wonderment, such as perfectly preserved mosaics, detailed wooden carvings, stained glass, and mural paintings.
Well maintained 3,266 SF brick 2 unit with 2 car detached garage and full basement. Each unit features 3 large bedrooms, 1.1 baths, beautiful hardwood floors and spacious living room/dining room combo. Conveniently located to I-290 Eisenhower Expressway. Great investment opportunity. Tenants month to month.
4740 W. Jackson is a recently rehabbed center entrance 6-flat located on Chicago's West Side. The property is fully occupied and features a mix of large 3 and 4 bedroom apartments. Utilities are tenant-paid which results in increased financial returns. This presents investors with the opportunity to acquire a fully operational property with strong cash flow from day 1.
7527 S. Colfax is a 13-unit multifamily property located in Chicago's South Shore neighborhood. The property was recently rehabbed and is comprised primarily of 3 bedroom units.
7830 S. Kingston is a 6-flat in Chicago's South Shore neighborhood that is under long-term ownership. Very well-maintained property. All units have individual heat and hot water. Rents are well below market, providing a new owner with the opportunity to immediately raise rents and increase cash flow.