5941 W Chicago Avenue
Chicago, IL 60651

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Description

Great Investment property! Newly remodeled apartments and businesses are clean and operational. Generates over $4k a month, super low taxes and very minimal maintenance expenses.

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60651
• Year Built: 1916
• Stories: 2
• Units: 4 units
• # Of Apts: 2
• # Of Stores: 2
• # Of Tenants: 4
• Approximate Age: Older
• Built Before 1978 (Y/N): Yes
• Cooling: Central Air
• Directions: Central to Chicago west to property
• Electric: Service - 201 to 600 Amps
• Electric Expense: 800
• Electric Expense Source: Broker Projection
• Fire Protection: Alarm Monitored, Fire Extinguisher/s, Partially Sprinklered
• Geographic Locale: East/West Corridor
• Gross Income: 4400
• Gross Rent Multiplier: 7.5
• Gross Scheduled Income: 48000
• Heat/Ventilation: Central Bldg Heat
• Information: 24-Hr Notice Required
• Insurance Expense: 1000
• Insurance Expense Source: Broker Projection
• Lot Size Square Feet: 4680
• Main Type: Commercial Sale
• Original Rental Price: 10
• Other Expense Source: Broker Projection
• Property Sub Type: Mixed Use
• Rental Price: 10
• Tax Annual Amount: 4895
• Tax Year: 2022
• Tenant Pays: Air Conditioning, Electricity, Heat
• Total Monthly Income: 4400
• Township: West Chicago
• Trash Expense: 400
• Trash Expense Source: Broker Projection
• Water Expense Source: Broker Projection
• Water Sewer Expense: 500