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Listed by Brian Pusczanof Keller Williams Infinity
$1,550,000
Est. payment /mo
17,658 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 17,658 sqft
Price per Sqft $87
MLS Listing ID 12447225
Year Built 1913
Annual Tax Amount $28,801
Tax Year 2023
Lot Dimensions 10,870. SQFT
Property Sub-Type Multi Family 5+
Property Description
Price Improvement, 7.4 Cap Rate Positioned for 9.3 Cap Rate based on normalizing rents within the building. Value Add opportunity - Garden Level not currently utilized, value add potential for additional units storage, coin laundry, residential/commercial units. 3 oversized 1,800 SqFt apartments could potentially sub divided into 6 units for a total of 18 units. The 2024 Property Taxes have been reduce to 16,916, payable in 2025. Lender financing is available.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished
Interior
Fireplace N
Exterior
View Y/N true
Roof Type Membrane,Reflective Coating
Building
Foundation Concrete Perimeter
Structure Type Brick
Others
Virtual Tour https://vimeo.com/1003818453/aa50e6d438
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