7,000 sq ft
Commercial: Multi Family 5+ - MLS# 12576409
Tools & Resources:
Description
Located in the Englewood neighborhood on the South Side of Chicago. Well-known residential area bordered roughly by Garfield Blvd., and 75th St. Near community areas including the Greater Grand Crossing, Park Manor and several CTA bus routes such as Routes 8/Halsted, 79th St., and Rapid transit station at the 79th St., on the Red Line. The Metra station is Gresham Station, Rock Island District Line. Full brick 6-Unit building with great curb appeal consisting of: A. 3-Units each 2-bedrooms, 1-bath, individual furnaces/A/C and 1-water tank. (North portion of the building). B. 3-Units each 1-bedroom, 1-bath with individual furnaces/A/C and 1-water tank (South portion of the building). C. Full basement with the possibility to add/create 2-more units with furnace and rough plumbing in there. 3-Units are updated with new kitchens, hardwood floors and S.S. appliances. Unit # 3 South is CAH tenant with monthly lease of $1,010 but utilities are paid by landlord. Within minutes to major roads, Lake Shore Dr., and interests. Income and expenses numbers are under Additional Information. Per sellers direction and due to tenant occupied building, interior access requires buyer-per-approval in advance.
Features
- Property Type: Commercial
- Sub Type: Multi Family 5+
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60621
- Year Built: 1916
- Sq.Ft.: 7,000 sq ft
- Stories: 3
- Units: 6 units
- Zoning: MULTI
- Approximate Age: Older
- Building Area Total: 7000
- Built Before 1978 (Y/N): Yes
- Construction Materials: Brick, Concrete
- Directions: Halsted St. to 74th St. east to Union then north to address Between Halsted St. and Laramie Ave. on Union Ave
- Electric Expense: 418
- Foundation Details: Concrete Perimeter
- Fuel Expense: 5238
- Gross Income: 4551
- Heat/Ventilation: Forced Air, Gas
- Information: 48-Hr Notice Required
- Insurance Expense: 6500
- Known Encumbrances: None Known
- Location: Mixed Use Area
- Lot Size Source: County Records
- Lot Size Square Feet: 5000
- Main Type: Commercial Sale
- Operating Expense: 30655
- Outdoor Parking: 1-5 Spaces
- Ownership Type: Corporation
- Tax Annual Amount: 6430
- Tax Year: 2024
- Total Monthly Income: 4551
- Trash Expense: 3085
- Water Sewer Expense: 8948
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