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Nick Caulfield G.R.I.
Coldwell Banker Residential Brokerage
14225 S. 95th Avenue, Suite 451
 Orland Park, IL 60462

Contact Me

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$948,000 For Sale

855 N Lockwood Avenue
Chicago, IL 60651

10 units |

lot: 6098 sq ft lot
Commercial: Multi Family 5+ - MLS# 12535584
Property Photo

Description

Good Building with good income, always been easy to rent, located in very quiet block, all apartments have separate heating and electric lets make a deal!

Features

  • Property Type: Commercial
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60651
  • Year Built: 1927
  • Stories: 3
  • Units: 10 units
  • Basement: Unfinished, Exterior Entry
  • Lot Size: 6098 sq ft lot
  • Zoning: MULTI
  • Approximate Age: Older
  • Built Before 1978 (Y/N): Yes
  • Construction Materials: Brick
  • Directions: CHICAGO AVE (W) OF CICERO 2 TO LOCKWOOD (N) TO THE PROPERTY.
  • Electric: Circuit Breakers
  • Electric Expense: 488
  • Electric Expense Source: Owner Projection
  • Expense Year: 2023
  • Fire Protection: Fire Extinguisher/s
  • Foundation Details: Block
  • Fuel Expense: 2228
  • Fuel Expense Source: Actual
  • Gross Income: 10509
  • Gross Rent Multiplier: 8.97
  • Gross Scheduled Income: 126108
  • Heat/Ventilation: Forced Air, Gas, Separate Per Unit
  • Information: 24-Hr Notice Required
  • Insurance Expense: 7128
  • Insurance Expense Source: Actual
  • Lot Size Square Feet: 6257
  • Main Type: Commercial Sale
  • Maintenance Expense: 1500
  • Misc Outside: Courtyard
  • Operating Expense: 30774
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Combination
  • Roof Structure: Flat
  • Tax Annual Amount: 13228.87
  • Tax Year: 2023
  • Tenant Pays: Electricity, Heat
  • Total Annual Expense Source: Owner Projection
  • Total Monthly Income: 10509
  • Township: West Chicago
  • Trash Expense: 3475
  • Trash Expense Source: Actual
  • Type Multi-Family: Flats
  • Unincorporated (Y/N): Yes
  • Water Expense Source: Owner Projection
  • Water Sewer Expense: 4361
Courtesy of American International Realty
Source: Midwest Real Estate Data (MRED)


Nick Caulfield | 708-267-4359 | Contact Me
14225 S. 95th. Avenue, Suite 451, - Orland Park, IL 60462
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