153 E 110th Street
Chicago, IL 60628

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Description

Well maintained five (5) unit building. It has four (4) 1bd/1ba units and one (1) 2bd/1ba garden apartment. The building sits on the corner of a quiet, tree-lined street across from the premier Gwendolyn Brooks College Preparatory campus and one (1) block north of Palmer Park, which features sporting facilities, a fitness center, and an outdoor swimming pool. Each unit features luxury vinyl plank flooring and a spacious floorplan with an oversized living room and electric baseboard heating. Recent improvements to the building include, but are not limited to, copper plumbing, updated electric, and an abundance of masonry and tuckpointing work. The building also features five (5) possible income-producing parking spaces. Total rent is $5600 per month. Property tax is below $3000 per year. It's an idea building for investors.

Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60628
• Year Built: 1960
• Stories: 3
• Units: 5 units
• Approximate Age: Older
• Built Before 1978 (Y/N): Yes
• Directions: From 111th St, turn north onto Indiana Ave, left on 110th St. Property is on the southwest corner of Indiana/110th
• Electric Expense: 1271
• Fuel Expense: 588
• Gross Income: 66000
• Gross Rent Multiplier: 7.58
• Gross Scheduled Income: 62700
• Heat/Ventilation: Electric
• Information: List Broker Must Accompany, 48-Hr Notice Required
• Insurance Expense: 2500
• Janitor Expense: 1500
• Main Type: Commercial Sale
• Maintenance Expense: 2125
• Manager Expense: 3135
• Operating Expense: 18810
• Other Expense: 1997
• Tax Annual Amount: 2682
• Tax Year: 2022
• Tenant Pays: Electricity, Heat, Hot Water
• Total Monthly Income: 5500
• Trash Expense: 1800
• Type Multi-Family: Garden Complex
• Water Sewer Expense: 1213