9157 S Loomis Street , Chicago, IL 60620

Sold: 777000
Sold on: May 11th, 2021
Sold: 777000
Sold on: May 11th, 2021
MLS#10579104
STATUSSold PROPERTY TYPEMulti Unit - Multiple


Property Description

Great investment opportunity in the Brainerd Neighborhood. All six (6) condo quality units have been completely gut renovated including, building mechanicals and common areas. This building has five (5) 3br units and one (1) 2br unit. All units are spacious. The property is currently fully tenanted and has consistent cash flow month over month with an amazing tenant base. This is a true turn-key property that is unrivaled by anything else on the market. This building brings in over $8k in monthly income. This property is for serious long-term investors that understand the value in quality construction and asset stability. This large corner property is located blocks away from local shopping and public transportation. Property Highlights Include: Fully gut renovated large units, new building mechanicals throughout including framing, HVAC, insulation, electrical, roof, and masonry. New coin operated machines in laundry room in building. New plumbing throughout including water main and underground plumbing system. New vinyl windows/capping. New hardwood floors throughout. Sold with all new stainless-steel appliances. New 600-amp electrical service. Fully renovated common areas.

Property Features

Cooling: None
Days on Market: 536
Lot Size: 7 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $5,493
Year Built: 1928

Feature Descriptions

Current Use: Multi-Family
Drains: Security Gate, Security Lighting, Storms and Screens (as exist)
Electric: Service - 201 to 600 Amps
Fire Protection: Carbon Monoxide Detector(s)
Foundation: Concrete Perimeter
HVAC: Central Heat/Indiv Controls, Forced Air, Gas, Separate Per Unit
Location: Corner, Public Transport Avail
Lot Dimensions: 7623
Miscellaneous Indoor: Inside Corridor/s, Laundry Room
Miscellaneous Outdoor: Security Gate, Security Lighting, Storms and Screens (as exist)
Parcel#: 25053040170000
Parking: 6-12 Spaces
Potential Use: Multi-Family
Tenant Pays: Electricity, Heat, Hot Water
Units: 6
Utilities: Water to Site

Listed By / Sold By

Listed By

Agency Name: Halsted Taylor Real Estate
Agency Phone: 312-421-5151

Sold By

Agency Name: Halsted Taylor Real Estate
Agency Phone: 312-421-5151
Agent Name: Anthony Golob

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