8624 S Houston Avenue Pending

Chicago,IL 60617

$ 549000

- Bed

- Bath

4266 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Pending

Purchase Type For Sale

Square Footage 4,266 sqft

Price per Sqft $128

MLS Listing ID 12131516

Year Built 1903

Annual Tax Amount $2,674

Tax Year 2022

Lot Dimensions 25'X124'X25'X124'

Property Description

Unique opportunity to acquire a cash-flowing asset that realizes a 9% cap rate. Managing company Taty Management LLC. Full occupancy! Long-term tenants. Low rents with room to increase. It's a must-see! Brick 6 units building with six 2b/1ba apartments with a large eat-in kitchens! All units are equipped with updated kitchens and bathrooms featuring modern appliances, and granite countertops. Separate heat and water tanks for every unit. Updated electric, and copper plumbing. Everything is up to the new code. Parking is plenty on the street and a two cars brick garage in the rear. Great location close to transportation on a quiet block.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace Y

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick

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