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$ 599,000
Est. payment | /mo
5,588 SqFt
$ 599,000
Est. payment | /mo
5,588 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 5,588 sqft
Price per Sqft $107
MLS Listing ID 12384274
Maintenance Fees $1,800
Year Built 1928
Annual Tax Amount $4,191
Tax Year 2023
Lot Dimensions 30 X 125
Property Sub-Type Multi Family 5+
Property Description
Solid, stabilized, corner brick 6-flat in popular Auburn Gresham, one block north of 79th Street at Honore and 78th Street. On a nice block with many well-cared-for bungalows in an appreciating area and near transportation, shopping and more, this building is worth adding to your portfolio. 5 units are spacious two bedroom, one bath apartments and one unit is a three bedroom, one bath. Improvements made include a new roof in 2020, and tuckpointing and lintel replacement in 2022. Some units have been recently updated. Building has an installed security system in place. Tenants pay their own heat, which means strong financial performance. There is also additional upside for a new owner in higher rents, for charging for 3 off-street parking spaces, and possibly putting in coin laundry. One unit is available for first showing purposes so book now!
Location
State IL
County Cook
Area Chi - Auburn Gresham
Zoning MULTI
Rooms
Basement Unfinished
Interior
Cooling None
Fireplace N
Exterior
Roof Type Membrane
Building
Dwelling Type Multi Family 5+
Level or Stories 3
Structure Type Brick
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Listed by David Urbaniak • @properties Commercial
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1350 Remington Rd, Suite B, Schaumburg, IL, Other