$1,191,275
$1,275,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
15,170 SqFt
SOLD DATE : 11/11/2021
Key Details
Sold Price $1,191,275
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 15,170 sqft
Price per Sqft $78
MLS Listing ID 10585187
Sold Date 11/11/21
Maintenance Fees $2,000
Year Built 1894
Annual Tax Amount $15,551
Tax Year 2018
Lot Size 6,969 Sqft
Lot Dimensions 138.10 X 50
Property Sub-Type Multi Family 5+
Property Description
Own this 8-unit condo building located one block east of the historic and picturesque King Drive in the highly sought after Bronzeville neighborhood. Converted to condominiums in the early 2000s, the building's excellent unit mix consists of (4) Three Bed - Two Bath approx 1434 sq ft, (2) Two Bed with Den - Two Bath approx 1345 sq ft and (2) Two Bed - Two Bath approx approx 1300 sq ft. Each unit features hardwood floors throughout, granite counter-tops, stainless steel appliances, in-unit laundry, gas forced heat, central air conditioning and secured gated parking in the rear. An investor can purchase the subject property and deconvert back to an apartment building or with minor cosmetic updates, exit the investment through the sale of individual condos on a retail basis. Easy access to Hyde Park, Lake Shore Drive, Gallery Guichard, 90/94, Mariano's, the University of Chicago, public transportation and 15 minutes from downtown Chicago. Schedule your private tour today!
Location
State IL
County Cook
Area Chi - Grand Boulevard
Zoning MULTI
Interior
Cooling Central Individual
Fireplaces Number 6
Fireplace Y
Building
Level or Stories 3
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Bought with Kevin Rocio • @properties Commercial
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "