Description
This classic Chicago greystone is a Turn-key property with no deferred maintenance. This 6 unit 2-Bedroom/1-Bath has 3 units in front and 3 in rear, separated by an enclosed center hallway. New rubber TPO roof with gutter heaters that can be illuminated, monitored by CCTV, and activated remotely. 5 apartments were rehabbed in the past 30 months. New furnaces and hot water tanks in most units. Custom kitchens, luxury vinyl floors, and ceiling fans in 5 units. Kitchen cabinets with soft/quiet close door gaskets. 2-year-old stainless appliances in 4 units. New Provia Energy star rated grand entrance door with transom and sidelights. This building has 2 separate full basements, one in front and one in back, separated by the middle hallway. The rear full basement has separate front and rear entrances and can be legally converted to an additional dwelling unit, offering the potential for a total of 7 legal units in this building. 2 parking spaces in back. Hi-Definition CCTV camera system that can be viewed remotely. Building has all copper plumbing, updated electrical (800-amp service), and individual circuit breaker panels in each unit. Secure and dependable cash flow from 5 subsidized units and from 1 non-subsidized unit. Current rents are: 5 subsidized units @ $1270. (heat included in subsidized leases), one unit @ $760 a month, all units are currently rented. Property to be sold AS-IS.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
This classic Chicago greystone is a Turn-key property with no deferred maintenance. This 6 unit 2-Bedroom/1-Bath has 3 units in front and 3 in rear, separated by an enclosed center hallway. New rubber TPO roof with gutter heaters that can be illuminated, monitored by CCTV, and activated remotely. 5 apartments were rehabbed in the past 30 months. New furnaces and hot water tanks in most units. Custom kitchens, luxury vinyl floors, and ceiling fans in 5 units. Kitchen cabinets with soft/quiet close door gaskets. 2-year-old stainless appliances in 4 units. New Provia Energy star rated grand entrance door with transom and sidelights. This building has 2 separate full basements, one in front and one in back, separated by the middle hallway. The rear full basement has separate front and rear entrances and can be legally converted to an additional dwelling unit, offering the potential for a total of 7 legal units in this building. 2 parking spaces in back. Hi-Definition CCTV camera system that can be viewed remotely. Building has all copper plumbing, updated electrical (800-amp service), and individual circuit breaker panels in each unit. Secure and dependable cash flow from 5 subsidized units and from 1 non-subsidized unit. Current rents are: 5 subsidized units @ $1270. (heat included in subsidized leases), one unit @ $760 a month, all units are currently rented. Property to be sold AS-IS.
© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty.
Based on information submitted to the MRED as of 2023-12-01T22:58:24.953 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information.
Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
Digital Millennium Copyright Act