BEDS0
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MLS#12588904
STATUSContingent
PROPERTY TYPEMulti Unit - Multiple
Property Description
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 7661 N Sheridan Road. The four-story building contains (23) total units comprised of (1) 3-Bedroom/2-Bathroom unit, (1) 2-Bedroom/1-Bathroom unit, (4) 1-Bedroom/1-Bathroom units, (11) Studio units, & (6) Studio units with detached bathrooms. There are (5) total garage spaces in the rear. The property currently grosses over $279k in gross rents and has additional income on top of that. Current ownership has taken care of numerous CAPEX expenses at the building - the whole front facade was redone (tuckpointing & lintels), upgraded electrical service (800 AMPS), and 19/23 units have undergone some sort of cosmetic upgrades. Steps away from Lake Michigan at $100,000/unit - deals like this one don't come available often.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.18 Acres
Stories: 4.0
Taxes: $32,364
Year Built: 1920
Feature Descriptions
Exterior: Brick
HVAC: Gas, Radiators, Radiant
Lot Dimensions: 130x60
Parcel#: 11291030070000
Units: 23
Listed By / Shown By
Listed By
Agency Name: Horvath & Tremblay IL, LLC
Agency Phone: 312-361-1643
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 8,486.64 per month $5,118.80 Principal & Interest $2,697.00 Property Tax $670.83 Homeowner's InsuranceChange Payment Information
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7661 N Sheridan Road | MLS# 12588904
This multi-family property located at 7661 N Sheridan Road, Chicago, IL 60626 is currently listed for sale with an asking price of $2,300,000. Search Chicago real estate on www.bhhscrosby.com today.