Chicago, IL 60625

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Description

Well-maintained and carefully managed by a long-term owner now retiring, this solid brick 13-unit multi-family building presents a rare investment opportunity in one of Chicago's most sought-after rental corridors. Each spacious, well-appointed apartment has contributed to a proven history of consistent income and tenant satisfaction. The property's prime location-just steps from public transportation, schools, parks, and shopping-ensures strong rental demand and long-term stability. With reliable financials already in place and clear potential for value-add improvements, this asset is a smart addition to any serious investor's portfolio. Serious inquiries only. Proof of funds or loan pre-approval required for all showings.

Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60625
• Year Built: 1930
• Stories: 4
• Units: 13 units
• # Of Ranges: 13
• # Of Refrigs: 13
• Approximate Age: Older
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick
• Directions: Lawrence Ave to Harding Ave, then north to property.
• Electric Expense: 662
• Electric Expense Source: Owner Projection
• Fuel Expense: 14310
• Fuel Expense Source: Owner Projection
• Gross Income: 151020
• Gross Scheduled Income: 151020
• Heat/Ventilation: Hot Water, Radiators
• Information: 24-Hr Notice Required
• Insurance Expense: 9935
• Insurance Expense Source: Owner Projection
• Lot Size Square Feet: 6200
• Main Type: Commercial Sale
• Maintenance Expense: 1850
• Operating Expense: 60913
• Other Expense: 500
• Other Expense Source: Owner Projection
• Outdoor Parking: Parking-Street
• Repairs-Decor Expense Source: Owner Projection
• Tax Annual Amount: 19948
• Tax Year: 2023
• Total Annual Expense Source: Owner Projection
• Total Monthly Income: 12585
• Township: Jefferson
• Trash Expense: 2633
• Trash Expense Source: Owner Projection
• Type Multi-Family: Courtyard
• Washer/Dryer Lsd (Y/N): Yes
• Water Expense Source: Owner Projection
• Water Sewer Expense: 13025