Commercial: Multi Family 5+ - MLS# 12433661
Tools & Resources:
Description
This solid brick six-unit building presents a unique investment opportunity in an appreciating neighborhood. The property consists of six spacious two-bedroom apartments, each featuring a living room and a kitchen with eating area. The layout includes three front units and three rear units. All units are currently occupied,offering significant potential to increase rental income to market rates. Each unit has separate utilities and an individual electric box. The rear porch roof, water heating tanks were replaced approximately six years ago. Situated in Chicago's Little Village neighborhood, the property is steps away from the 26th Street retail district and offers convenient access to public transportation and expressways. The building is being sold in "as-is" condition. Please let me know if you would like to schedule a viewing or if you require further details.
Features
- Property Type: Commercial
- Sub Type: Multi Family 5+
- Listing Status: Active Under Contract
- County/Area: Cook County
- Zip Code: 60623
- Year Built: 1900
- Stories: 3
- Units: 6 units
- Zoning: MULTI
- Approximate Age: Older
- Built Before 1978 (Y/N): Yes
- Construction Materials: Brick
- Cooling: Window Unit(s)
- Directions: 25th st to St. Louis north to property.
- Expense Year: 2025
- Gross Income: 50400
- Gross Rent Multiplier: 10
- Heat/Ventilation: Forced Air, Gas, Wall Unit
- Information: List Broker Must Accompany
- Insurance Expense: 3100
- Main Type: Commercial Sale
- Operating Expense: 6831
- Outdoor Parking: None On Site
- Tax Annual Amount: 5064
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
- Total Annual Expense Source: Actual
- Total Monthly Income: 4200
- Trash Expense: 345
- Trash Expense Source: Combination
- Type Multi-Family: Flats
- Water Expense Source: Actual
- Water Sewer Expense: 695
©2026, Midwest Real Estate Data (MRED). All rights reserved.