BEDS0
BATHS
SQUARE FEET7,215
MLS#12597272
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Stately 6 unit apartment building for sale in emerging Englewood. The property is fully rented and cash flowing, and is currently operating at a 10 + CAP rate. The property underwent an extensive rehab with numerous updates including new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, new laundry room and much more. This building has an excellent unit mix with 3 x 2 bedrooms and 3 x 3 bedrooms. All major mechanicals are updated including plumbing, individual furnaces and hot water tanks, newer electrical panels and wiring. This is a tenant paid utility set up that allows the owner to have very low operating costs. The building is a large corner building with excellent curb appeal. There is an updated common hallway as well as a large area in the back for tenant parking. The building is fully rented and is stable and cash flowing. Perfect arm chair investment opportunity
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Lot Size: 0.17 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $7,232
Year Built: 1883
Feature Descriptions
Current Use: Multi-Family
Electric: Circuit Breakers, Separate Meters, Service - 201 to 600 Amps
Exterior: Brick
Fire Protection: Smoke or Fire Protectors
Foundation: Concrete Perimeter
HVAC: Forced Air, Gas
Lot Dimensions: 50 X 125
Miscellaneous Indoor: Laundry Room
Parcel#: 20281000370000
Parking: 6-12 Spaces
Potential Use: Multi-Family
Tenant Pays: Electricity, Heat
Units: 6
Listed By / Shown By
Listed By
Agency Name: Halsted Taylor Real Estate
Agency Phone: 312-421-5151
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 2,490.59 per month $1,669.17 Principal & Interest $602.67 Property Tax $218.75 Homeowner's InsuranceChange Payment Information
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7152 S Emerald Avenue | MLS# 12597272
This multi-family property located at 7152 S Emerald Avenue, Chicago, IL 60621 is currently listed for sale with an asking price of $750,000. Search Chicago real estate on www.bhhscrosby.com today.