5200 S Woodlawn Avenue
Chicago, IL 60615

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Description

This building is located in Hyde Park, one of the top rated Chicago communities. It also is one of the most culturally diverse neighborhoods in the City. It is adjacent to the major shopping area in Hyde Park and a short walking distance to the University of Chicago Campus. The mix of units include three 3-bedroom 2 full bathroom apartments, twelve 2-bedroom 2 full bathroom apartments and seven 2-bedroom 1 bathroom apartments. All units but one include individual heating and air conditioning with washer and dryer. All have hardwood floors and interior entry. All but two units have been fully rehabbed with new kitchens and appliances. Buildings like this seldom come on the market, don't miss this opportunity.

Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60615
• Year Built: 1906
• Sq.Ft.: 65,000 sq ft
• Stories: 4
• Units: 22 units
• Zoning: MULTI
• Approximate Age: Older
• Building Area Total: 65000
• Built Before 1978 (Y/N): Yes
• Cooling: Central Individual
• Directions: Travel to the South West corner of East 52nd Street and South Woodlawn Ave.
• Electric: Circuit Breakers
• Electric Expense: 4096
• Fuel Expense: 26123
• Gross Income: 451500
• Gross Rent Multiplier: 13.9
• Gross Scheduled Income: 451500
• Heat/Ventilation: Central Heat/Indiv Controls
• Information: List Broker Must Accompany
• Insurance Expense: 19110
• Janitor Expense: 16875
• Land Amenities: Sidewalks
• Location: Corner
• Main Type: Commercial Sale
• Maintenance Expense: 13511
• Manager Expense: 13633
• Operating Expense: 115578
• Other Expense: 2973
• Ownership Type: Corporation
• Tax Annual Amount: 39382
• Tax Year: 2023
• Tenant Pays: Electricity, Heat
• Total Annual Expense Source: Actual
• Total Monthly Income: 37625
• Township: Hyde Park
• Trash Expense: 6124
• Type Multi-Family: Corridor-Interior Entrance
• Water Sewer Expense: 10320