7844 S Jeffery Boulevard
Chicago, IL 60649

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Description

11 Unit Multifamily Investment opportunity located in the South Shore neighborhood. This property consists of well-maintained 11 apartments. 4 are 2-Bedrooms & 1.5-Baths, 3 are 2-Bedrooms & 1-Bath, 4 are 1-Bedroom & 1-Bath. Fully Occupied. Each unit has 2 entrances. Off-street parking for 6 cars. On site coin laundry/dryer.

Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60649
• Year Built: 1958
• Stories: 3
• Units: 11 units
• Basement: Finished, Storage Space
• # Of Dryers: 2
• # Of Refrigs: 11
• # Of Washers: 2
• Approximate Age: Older
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick, Vinyl Siding
• Directions: 79th St to S Jeffery Blvd
• Electric: Circuit Breakers
• Electric Expense: 2040
• Electric Expense Source: Actual
• Foundation Details: Concrete Perimeter
• Fuel Expense: 10598
• Fuel Expense Source: Broker Projection
• Gross Income: 127608
• Gross Rent Multiplier: 8.82
• Gross Scheduled Income: 127608
• Heat/Ventilation: Hot Water
• Information: 48-Hr Notice Required
• Insurance Expense: 14000
• Janitor Expense: 12425
• Lot Size Source: County Records
• Main Type: Commercial Sale
• Manager Expense: 16789
• Manager Expense Source: AC
• Operating Expense: 76329
• Outdoor Parking: 6-12 Spaces
• Roof Structure: Flat
• Tax Annual Amount: 8999.59
• Tax Year: 2023
• Tenant Pays: Electricity, Other
• Total Annual Expense Source: Broker Projection
• Total Monthly Income: 10634
• Township: Hyde Park
• Trash Expense: 154
• Trash Expense Source: Actual
• Type Multi-Family: Corridor-Interior Entrance
• Water Expense Source: Actual
• Water Sewer Expense: 323
• Water Source: Municipal Water