Commercial: Mixed Use - MLS# 12541675
Tools & Resources:
Description
Priced to sell! 8% cap rate! Rehabbed in 2017 - 6 unit mixed use building. One commercial storefront with new 5 year modified gross lease, two 3 bed 1 bath and three 2 bed 1 bath contemporary apartments with eat in kitchen, living room and dining room. New front facade. Hardwood floors. HVAC including A/C. Central air/heat. New light fixtures throughout including ceiling fans. Individual hot water tanks. Thermopane windows with mini blinds. Coin op W/D in basement. Individual storage rooms. Security buzzer system. Large new decks for rear units. Sunny and Bright! Eat in kitchens with custom cabinets. Stainless steel kitchen appliance package. Self cleaning oven with convection. Dishwasher. Built-in microwave. Garbage disposals. Bathroom includes Modern vanity/medicine cabinet with modern lighting. 3 parking spaces. Walking distance to tons of bars and restaurants. Close by the park, easy walk to Chicago Ave/Division St Buses. NOT LOCATED IN THE NW SIDE ORDINANCE ZONE
Features
- Property Type: Commercial
- Sub Type: Mixed Use
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60622
- Year Built: 1900
- Stories: 3
- Units: 6 units
- # Of Apts: 5
- # Of Stores: 1
- Approximate Age: New Rehab
- Built Before 1978 (Y/N): Yes
- Cap Rate: 8
- Cooling: Central Air
- Directions: August west to California, south to property.
- Electric: Service - 101 to 200 Amps
- Electric Expense: 1927
- Electric Expense Source: Actual
- Fire Protection: Alarm Monitored
- Geographic Locale: Chicago West
- Gross Income: 151416
- Gross Rent Multiplier: 9.2
- Gross Scheduled Income: 151416
- Heat/Ventilation: Central Heat/Indiv Controls
- Information: List Broker Must Accompany, 48-Hr Notice Required
- Insurance Expense: 5788
- Insurance Expense Source: Actual
- Lot Size Square Feet: 3175
- Main Type: Commercial Sale
- Other Expense: 450
- Other Expense Source: Actual
- Property Sub Type: Mixed Use
- Tax Annual Amount: 19546
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat
- Total Monthly Income: 12618
- Trash Expense: 2169
- Trash Expense Source: Actual
- Water Expense Source: Actual
- Water Sewer Expense: 2510
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