Commercial: Multi Family 5+ - MLS# 12547136
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Description
Seize the opportunity to own a fully rehabbed, income-generating powerhouse in the heart of Brighton Park. This 6-unit apartment building has been meticulously updated from top to bottom, offering investors a rare, "plug-and-play" asset with immediate strong cash flow. Modern luxury meets high yield. Each of the six spacious units features high-end finishes designed to attract and retain premium tenants: Gourmet Kitchens: Brand new cabinetry paired with elegant granite countertops. Refined Interiors: Gleaming, newly refinished hardwood floors throughout. Designer Baths: Fully updated bathrooms with modern fixtures and custom tiling. Worry-Free Maintenance: Updated systems throughout the building ensure low overhead for years to come. This is a true "money maker" in a rapidly appreciating neighborhood. Whether you are looking to expand your portfolio or start with a flagship asset, this Brighton Park gem is ready for its next owner. Schedule your private tour today!
Features
- Property Type: Commercial
- Sub Type: Multi Family 5+
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60632
- Year Built: 1903
- Stories: 4
- Units: 6 units
- Basement: Unfinished
- # Of Ranges: 6
- # Of Refrigs: 6
- Approximate Age: Older
- Built Before 1978 (Y/N): Yes
- Construction Materials: Brick
- Cooling: Central Air
- Directions: South on Kedzie to 40th Street, Head East (Left) on 40th St to Albany. North (left) on Albany to address
- Electric Expense: 970
- Electric Expense Source: Actual
- Expense Year: 2025
- Fuel Expense Source: Actual
- Gross Income: 4575
- Gross Rent Multiplier: 18.2
- Gross Scheduled Income: 54900
- Heat/Ventilation: Central Heat/Indiv Controls
- Information: 24-Hr Notice Required, List Broker Must Accompany
- Insurance Expense: 6500
- Janitor Expense: 250
- Location: Corner
- Lot Size Square Feet: 5043
- Main Type: Commercial Sale
- Operating Expense: 12570
- Tax Annual Amount: 10291
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
- Total Annual Expense Source: Actual
- Total Monthly Income: 4575
- Type Multi-Family: Corridor-Interior Entrance
- Water Sewer Expense: 4800
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