8937 S Justine Street
Chicago, IL 60620

Tools & Resources:

Description

This beautiful 6-unit building stands out with a larger bedroom mix and the highest revenue of the three assets. Strong tenant demand and proven performance make this property a compelling option for buyers focused on yield, durability, and scalable returns.

Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active Under Contract
• County/Area: Cook County
• Zip Code: 60620
• Year Built: 1925
• Stories: 3
• Units: 6 units
• Approximate Age: 36-50 Years
• Built Before 1978 (Y/N): Yes
• Cap Rate: 7
• Cooling: Window Unit(s)
• Directions: ASHLAND NORTH OR SOUTH, EAST TO 89TH, JUSTINE SOUTH GO TO ADDRESS
• Electric: Circuit Breakers
• Fire Protection: Smoke or Fire Protectors
• Fuel Expense: 4192
• Gross Income: 101700
• Gross Scheduled Income: 101736
• Heat/Ventilation: Central Bldg Heat
• Information: List Broker Must Accompany, 48-Hr Notice Required
• Insurance Expense: 5000
• Main Type: Commercial Sale
• Operating Expense: 35654
• Tax Annual Amount: 9870.6
• Tax Year: 2023
• Tenant Pays: Electricity
• Total Monthly Income: 8478
• Type Multi-Family: Corridor-Exterior Entrance
• Water Sewer Expense: 500