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$749,900
5714 S Prairie Avenue
Details
APN 20151160261001
Property Type Multifamily
Sub Type Apartment Building
NOI $44,385
Year Built 2006
Acreage 3896.000
Zoning MULTI
Multifamily
Marketing description
Beautiful 4-unit building in Prime Washington Park that is perfect for an investor, owner occupant or Airbnb! This building is comprised of one 4 bedroom 2 bathroom penthouse unit, two 4 bedroom 1 bathroom units and a 5 bedroom 2 bathroom garden unit! Updates includes a remodeled 4 bedroom 2 bathroom penthouse unit, a newer tear off roof (within the last 7 years), newer hot water tanks (within the last 5 years), newer furnaces in each unit (except for the 1st floor), newer rear porch and some recent tuck pointing. Each unit has its own in-unit washer and dryer! All units are between 1,200-1,400 square feet. The penthouse unit features a new kitchen with new granite countertops, white cabinets and stainless steel appliances, new baths, new hardwood floors and a primary bedroom suite with large walk-in closet and en suite bathroom! Tenants pay ALL utilities. Rents are below market and can be increased to maximize the building's true income potential. Conveniently located close to the University of Chicago, Washington Park, public transportation, schools, parks and more! Don't miss out! Check out the 3D tour!
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$44,385.00
$3,698.75/mo
Valuation Metrics
0
DSCR
5.92%
Cap Rate
5.92%
ROI
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