8219 S Ingleside Avenue
Chicago, IL 60619

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Description

Three story brick walk-up building consists of 6 units 2 bedrooms, separate gas forced air, enclosed back porch. Agent is related to owner. Owner will consider package deal with listing #12407065. Seller is not interested to carry a note at ant form. cash out only.

Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60619
• Year Built: 1926
• Sq.Ft.: 7,140 sq ft
• Stories: 3
• Units: 6 units
• Basement: Unfinished
• Zoning: MULTI
• # Of Ranges: 6
• # Of Refrigs: 6
• Approximate Age: Older
• Building Area Total: 7140
• Building Unit Info: No Units Furnished
• Built Before 1978 (Y/N): Yes
• Cap Rate: 7.93
• Construction Materials: Brick, Stone
• Directions: I 94 to 83rd street east to Ingleside turn north on Ingleside to address
• Electric: Service - 101 to 200 Amps
• Electric Expense: 580
• Electric Expense Source: Owner Projection
• Expense Year: 2024
• Foundation Details: Concrete Perimeter
• Fuel Expense: 2920
• Fuel Expense Source: Owner Projection
• Gross Income: 63000
• Gross Rent Multiplier: 7.38
• Gross Scheduled Income: 63000
• Heat/Ventilation: Central Bldg Heat, Forced Air, Gas, Separate Per Unit
• Information: 48-Hr Notice Required
• Insurance Expense: 3000
• Insurance Expense Source: Owner Projection
• Janitor Expense: 2600
• Known Encumbrances: First Mortgage
• Location: Central Business District
• Lot Size Square Feet: 5017
• Main Type: Commercial Sale
• Maintenance Expense: 1500
• Manager Expense: 2979
• Manager Expense Source: OP
• Misc Outside: Enclosed Porch
• Operating Expense: 22958
• Ownership Type: Limited Liability Corp
• Repairs-Decor Expense Source: Owner Projection
• Roof Structure: Flat
• Tax Annual Amount: 3020
• Tax Year: 2023
• Tenant Pays: Electricity, Heat
• Total Annual Expense Source: Owner Projection
• Total Monthly Income: 5250
• Township: Hyde Park
• Trash Expense: 1917
• Trash Expense Source: Owner Projection
• Type Multi-Family: Flats
• Utilities: Sewer Connected
• Water Expense Source: Owner Projection
• Water Sewer Expense: 4442
• Water Source: Municipal Water