Commercial: Multi Family 5+ - MLS# 12504259
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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 four 4-bedroom 3 full bathroom apartments, two 4-bedroom 2 full bathroom apartments and a garden apartment with three bedrooms and 2 bathrooms. All units have individual heating and air conditioning with washer and dryer. All have hardwood floors and interior entry. All 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: 1912
- Stories: 4
- Units: 7 units
- Zoning: MULTI
- Approximate Age: Older
- Built Before 1978 (Y/N): Yes
- Cooling: Central Individual
- Directions: Hyde Park Blvd to Kimbark Ave, South to 52 nd Street. On the SW corner of Kimbark Ave and 52nd St
- Electric Expense: 1578
- Gross Income: 227520
- Gross Rent Multiplier: 13.1
- Gross Scheduled Income: 227520
- Heat/Ventilation: Gas
- Information: List Broker Must Accompany
- Insurance Expense: 7400
- Janitor Expense: 6750
- Main Type: Commercial Sale
- Maintenance Expense: 16400
- Operating Expense: 72263
- Other Expense: 1800
- Ownership Type: Corporation
- Tax Annual Amount: 31195
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
- Total Monthly Income: 18960
- Township: Hyde Park
- Trash Expense: 5590
- Type Multi-Family: Corridor-Interior Entrance
- Water Sewer Expense: 1550
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