Horvath & Tremblay IL, LLC
Listed by Horvath & Tremblay IL, LLC
$2,800,000
4957 S Calumet Avenue
Details
APN 20101170140000
Property Type Multifamily
Sub Type Apartment Building, Multi Family 5+
Units 15
NOI $197,142
Year Built 1902
Stories 3
Acreage 0.150
Multifamily | 15 Units
Marketing description
BRONZEVILLE / GRAND BOULEVARD - FOR SALE: Fully gut-rehabbed 15-unit multifamily property located in the Grand Boulevard section of Bronzeville. The building consists of fifteen (2BD/1BA) units, each updated with in-unit washer/dryers and individual furnaces. Major capital improvements include a new roof, new plumbing, new electrical, and updated hardware throughout. The property offers minimal operating expenses, with ownership responsible for water only. An excellent opportunity to acquire a turnkey, low-maintenance asset in a strong Chicago rental market.
Listing Contacts
Horvath & Tremblay IL, LLC
Listed by Horvath & Tremblay IL, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$197,142.00
$16,428.50/mo
Valuation Metrics
0
DSCR
7.04%
Cap Rate
7.04%
ROI
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