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$ 1,475,000
Est. payment | /mo
0.32 Acres Lot
$ 1,475,000
Est. payment | /mo
0.32 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12341879
Maintenance Fees $11,000
Year Built 1917
Annual Tax Amount $25,199
Tax Year 2023
Lot Size 0.320 Acres
Lot Dimensions 13939
Property Sub-Type Multi Family 5+
Property Description
The subject property is a 22 unit corner walk up located along South South Shore Drive. Unit mix at the property is comprised of one and two bedroom floorplans. The property also features a private parking lot in the rear and an on site laundry room. This is a major repositioning opportunity as the property needs extensive renovations. Currently eleven of the twenty two units are occupied. A new owner has the opportunity to add significant value through rehab and creation of a new rent roll. Proof of Funds required prior to showing.
Location
State IL
County Cook
Area Chi - South Shore
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 3
Structure Type Brick
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Listed by Melissa Morgan • Flats, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "