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Nick Caulfield G.R.I.
Coldwell Banker Residential Brokerage
14225 S. 95th Avenue, Suite 451
 Orland Park, IL 60462

Contact Me

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$1,199,000 For Sale

827 N Fairfield Avenue
Chicago, IL 60622

5 units |

Commercial: Multi Family 5+ - MLS# 12482548
Property Photo
1/56

Description

Investment opportunity featuring a solid brick 4 unit main building & rehabbed 4 bedroom Coach house. Each unit in the main structure consists of 4 rooms, 2 bedrooms, and 1 bath, Hardwood floors throughout, Updated kitchens and baths & Newer windows. The main building offers common laundry and additional storage. Huge rehabbed 4-bedroom, 1.5-bath duplex-up coach house offering a spacious and modern layout ideal for owner-occupancy or premium rental income. Features include: Refinished hardwood floors, Updated kitchen with stainless steel appliances, In-unit laundry, Central air conditioning, Multiple walk-in closets and ample basement storage, private office space, private deck

Features

  • Property Type: Commercial
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60622
  • Year Built: 1900
  • Stories: 3
  • Units: 5 units
  • Zoning: MULTI
  • # Of Dishwashers: 5
  • # Of Dryers: 1
  • # Of Ranges: 5
  • # Of Refrigs: 5
  • # Of Washers: 1
  • Approximate Age: Older
  • Built Before 1978 (Y/N): Yes
  • Construction Materials: Brick
  • Directions: Chicago Ave. to Fairfield north to 827. East of California
  • Expense Year: 2024
  • Fuel Expense: 395
  • Fuel Expense Source: Actual
  • Gross Income: 92585
  • Gross Rent Multiplier: 5.2
  • Gross Scheduled Income: 92585
  • Heat/Ventilation: Wall Unit, Separate Per Unit
  • Information: List Broker Must Accompany
  • Insurance Expense: 1806
  • Insurance Expense Source: Actual
  • Janitor Expense: 1115
  • Lot Size Source: Owner
  • Lot Size Square Feet: 3125
  • Main Type: Commercial Sale
  • Maintenance Expense: 3002
  • Manager Expense: 6000
  • Manager Expense Source: AC
  • Operating Expense: 22885
  • Repairs-Decor Expense Source: Actual
  • Tax Annual Amount: 20744
  • Tax Year: 2023
  • Tenant Pays: Electricity, Heat
  • Total Annual Expense Source: Actual
  • Total Monthly Income: 7715
  • Trash Expense: 380
  • Trash Expense Source: Actual
  • Type Multi-Family: Flats
  • Water Expense Source: Actual
  • Water Sewer Expense: 4731
Courtesy of CHICAGO HANDSHAKE LLC
Source: Midwest Real Estate Data (MRED)


Nick Caulfield | 708-267-4359 | Contact Me
14225 S. 95th. Avenue, Suite 451, - Orland Park, IL 60462
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