

Listed by CENTURY 21 Circle
$465,000
7317 S Union Avenue, Chicago, IL, 60621
Details
APN 20281150050000
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Units 6
NOI $23,957
Year Built 1916
Stories 3
Lot Size (SqFt) 5,000
Zoning MULTI
Multifamily | 6 Units
Marketing description
Located in the Englewood neighborhood on the South Side of Chicago. Well-known residential area bordered roughly by Garfield Blvd., and 75th St. Near community areas including the Greater Grand Crossing, Park Manor and several CTA bus routes such as Routes 8/Halsted, 79th St., and Rapid transit station at the 79th St., on the Red Line. The Metra station is Gresham Station, Rock Island District Line. Full brick 6-Unit building with great curb appeal consisting of: A. 3-Units each 2-bedrooms, 1-bath, individual furnaces/A/C and 1-water tank. (North portion of the building). B. 3-Units each 1-bedroom, 1-bath with individual furnaces/A/C and 1-water tank (South portion of the building). C. Full basement with the possibility to add/create 2-more units with furnace and rough plumbing in there. 3-Units are updated with new kitchens, hardwood floors and S.S. appliances. Unit # 3 South is CAH tenant with monthly lease of $1,010 but utilities are paid by landlord. Within minutes to major roads, Lake Shore Dr., and interests. Income and expenses numbers are under Additional Information. Per sellers direction and due to tenant occupied building, interior access requires buyer-per-approval in advance.
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Listed by CENTURY 21 Circle
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$23,957.00
$1,996.42/mo
Valuation Metrics
0
DSCR
5.15%
Cap Rate
5.15%
ROI
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