6942 S Stony Island Avenue
Chicago, IL 60649

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Description

The perfect mixed used Property 5 minutes from Obama Library! This building comes complete with 2 4-Bedroom, 1Bath units + a commercial space with long standing tenants. Each unit has its own heating and electric along with in unit washer and dryer. With the recently installed back porch and roof, this property is perfect for investors or owner occupied buyers!

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active Under Contract
• County/Area: Cook County
• Zip Code: 60649
• Year Built: 1920
• Sq.Ft.: 4,499 sq ft
• Stories: 3
• Units: 3 units
• # Of Apts: 2
• # Of Ranges: 2
• # Of Refrigs: 2
• # Of Stores: 1
• Approximate Age: 36-50 Years
• Building Area Total: 4499
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick
• Cooling: Central Air, Window Unit(s)
• Directions: South on Stony Island Ave to Property
• Electric: Circuit Breakers, Separate Meters, Service - 101 to 200 Amps
• Estimated Tax/Sf: 4499
• Fire Protection: Alarm On Site, Smoke or Fire Protectors
• Flooring: Carpet, Tile
• Foundation Details: Brick/Mortar
• Geographic Locale: Chicago South
• Gross Income: 37800
• Gross Rent Multiplier: 3.95
• Gross Scheduled Income: 37800
• Heat/Ventilation: Forced Air, Gas
• Information: 24-Hr Notice Required, List Broker Must Accompany
• Insurance Expense: 2237
• Location: Mixed Use Area, Public Transport Avail
• Lot Size Square Feet: 3025
• Main Type: Commercial Sale
• Misc Outside: Storms and Screens (as exist)
• Operating Expense: 4837
• Original Rental Price: 4.1
• Other Expense Source: Actual
• Outdoor Parking: 1-5 Spaces
• Ownership Type: Land Trust
• Rental Price: 4.1
• Roof: Rubber
• Roof Structure: Flat
• Tax Annual Amount: 1984
• Tax Year: 2023
• Tenant Pays: Air Conditioning, Electricity, Heat
• Total Monthly Income: 3150
• Township: Hyde Park