$549,000
8624 S Houston Avenue Chicago, IL 60617
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$549,000
Est. payment /mo
4,266 SqFt
UPDATED:
08/26/2024 08:28 PM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
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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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Calin Paunescu • Taty Management LLC
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Greg Cirone
Managing Broker | License ID: 471003959
Managing Broker License ID: 471003959