7127 S NORMAL Boulevard
Chicago, IL 60621

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Description

TURNKEY, Jumbo center entrance 6 unit that has been recently fully renovated. Building features 6 large units including an excellent unit mix of 4 x 3 bedrooms and 2 x 5 bedroom duplex units. Each unit has new plumbing, electrical, kitchens, baths, appliances and more! Each unit has hardwood flooring and features in unit laundry and separate furnaces with central A/C. Beautiful brand new kitchens have new cabinets, quartz counters, backsplash, plumbing finishes and appliances. The building just had a brand new tear off roof!! In the back, there is a parking area for tenants use. All utilities are separated and tenants are responsible for their own gas and electricity.

Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active Under Contract
• County/Area: Cook County
• Zip Code: 60621
• Year Built: 1904
• Stories: 3
• Units: 6 units
• Basement: Partially Finished
• Lot Size: 6098 sq ft lot
• Zoning: MULTI
• # Of Dryers: 6
• # Of Ranges: 6
• # Of Refrigs: 6
• # Of Washers: 6
• Approximate Age: New Rehab
• Built Before 1978 (Y/N): Yes
• Cap Rate: 13.6
• Construction Materials: Brick
• Cooling: Central Air
• Directions: From expressway, 71st Street West to Normal, go south on Normal to property
• Electric: Circuit Breakers, Service - 101 to 200 Amps
• Electric Expense: 900
• Electric Expense Source: Broker Projection
• Expense Year: 2026
• Fuel Expense: 900
• Fuel Expense Source: Broker Projection
• Gross Income: 137808
• Gross Rent Multiplier: 5.6
• Gross Scheduled Income: 137808
• Heat/Ventilation: Forced Air, Gas, Individual Furnaces
• Information: List Broker Must Accompany, 48-Hr Notice Required
• Insurance Expense: 4008
• Insurance Expense Source: Broker Projection
• Janitor Expense: 1800
• Main Type: Commercial Sale
• Maintenance Expense: 1800
• Manager Expense: 7236
• Manager Expense Source: BP
• Operating Expense: 26262
• Other Expense: 600
• Other Expense Source: Broker Projection
• Ownership Type: Limited Liability Corp
• Repairs-Decor Expense Source: Broker Projection
• Tax Annual Amount: 5826
• Tax Year: 2024
• Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
• Total Annual Expense Source: Broker Projection
• Total Monthly Income: 11484
• Township: Hyde Park
• Trash Expense: 1380
• Trash Expense Source: Broker Projection
• Type Multi-Family: Corridor-Exterior Entrance
• Water Expense Source: Broker Projection
• Water Sewer Expense: 3300
• Water Source: Municipal Water