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$ 1,985,000
Est. payment | /mo
18,700 SqFt
$ 1,985,000
Est. payment | /mo
18,700 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 18,700 sqft
Price per Sqft $106
MLS Listing ID 12642708
Maintenance Fees $23,800
Year Built 1924
Annual Tax Amount $32,467
Tax Year 2024
Lot Size 0.340 Acres
Lot Dimensions 125 X 117
Property Sub-Type Multi Family 5+
Property Description
Pleased to exclusively present this large corner courtyard building located in the heart of Chicago's South Shore neighborhood. This attractive investment opportunity features a desirable unit mix consisting of 12 studios, 13 one bedroom units, and 9 spacious two bedroom units. These fully renovated units are achieving top of the market rents on the block. Investors will benefit from the current management that has just raised occupancy as well as fixing any deferred maintenance within the building. With the strong demand for affordable housing in the area, investors can experience steady cash flow for years to come. Ideally situated within walking distance to Windsor Park Metra Station and CTA buses, Nearby attractions include the South Shore Cultural Center, and the picturesque Lakefront.
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Interior
Fireplace N
Exterior
Roof Type Membrane
Building
Dwelling Type Multi Family 5+
Structure Type Brick
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Listed by Alen Redzic of Real Realty Inc
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