Listed by eXp Commercial
$439,900
1813 W 63rd St , Chicago, IL 60636
Details
APN 20192030040000
Property Type Mixed Use
Sub Type Mixed Use
Square Footage 2,424
Units 4
Year Built 1916
Stories 2
Lot Size (SqFt) 3,534
Mixed Use | 2,424 SqFt
Marketing description
This exceptional mixed-use property situated in the growing Englwood neighborhood featuring a unique investment opportunity with both residential and commercial spaces, making it ideal for those looking to generate multiple streams of income. The property provides the new owner with two well-appointed residential 3 Bedroom - 1 Bath units, each offering comfortable living spaces. In addition, the two commercial storefronts are positioned on a high-traffic street. It boasts excellent visibility, and ideal for entrepreneurs or small businesses looking to thrive in a busy urban environment. The second commercial unit is currently leased to a liquor store, and has been in business over the last 17yrs providing immediate and steady income stream. The building is fully rented. There are two Pin numbers. 20192030040000 and 20192030050000.
Investment highlights
Gross Rental Income:$67,800
Gross Rent Multiplier:6.9
Annual Net Operating Income:
Total Monthly Income:$5,650
Real Estate Taxes:$2,109.42
Expense Source:
Net Operating Income Year:
Total Annual Income:$67,800
Tax Year:2023
Fuel Expense ($/src):$350
Electricity Expense ($/src):$250
Water Expense ($/src):$200
Scavenger Expense ($/src):$200
Insurance Expense ($/src):$3,000/
Listing Contacts
Listed by eXp Commercial
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