Bought with Michael Scanlon of eXp Realty, LLC
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $765,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 4,812 sqft
Price per Sqft $158
MLS Listing ID 12106663
Sold Date 09/13/24
Year Built 1965
Annual Tax Amount $9,760
Tax Year 2022
Lot Dimensions 6933
Property Sub-Type Multi Family 5+
Property Description
Solid turn key 8 unit with many recent capital improvements. Strong in place 8% + CAP rate with room to boost NOI even further. Desirable location close to Midway airport and proximity to downtown. All units are 1 bed / 1 ba with solid tenant base. 2 of 8 units are recently updated with new floors and kitchens. Other units are in good condition but with mostly original finishes. Updates in 2023 include New boiler, 100% of windows, plumbing work, masonry work, and much more! 6 space parking pad available for tenant use FCFS as well as space in the basement to add laundry and storage for additional income.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
NEARBY SCHOOLS & BUSINESSES
- 8
Twain Elementary School
Public | PK - 8
- 7
J B Kennedy Elementary School
Public | KG - 6
- 7
Grimes Elementary School
Public | PK - 8
- 6
Charles J Sahs Elementary School
Public | PK - 8
- 6
Azuela Elementary School
Public | KG - 8
- 6
Stevenson Elementary School
Public | PK - 8
- 6
Durkin Park Elementary School
Public | PK - 8
- 6
Peck Elementary School
Public | PK - 8
- 6
Hurley Elementary School
Public | PK - 8
- 6
Dawes Elementary School
Public | PK - 8
- 6
Owen Elementary Scholastic Academy
Public | KG - 8
- 6
Columbia Explorers Elementary Academy
Public | KG - 8
- 5
Richard Byrd Elementary School
Public | KG - 6
- 5
Pasteur Elementary School
Public | PK - 8
- 5
Lee Elementary School
Public | KG - 8
- 5
Sandoval Elementary School
Public | KG - 5
- 5
Tonti Elementary School
Public | PK - 5
- 5
Sawyer Elementary School
Public | KG - 8
- 5
N. Davis Elementary School
Public | KG - 8
- 5
Gunsaulus Elementary Scholastic Academy
Public | PK - 8
- 6
Liberty Junior High School
Public | 7 - 8
- 4
Hernandez Middle School
Public | 6 - 8
- 9
Solorio Academy High School
Public | 9 - 12
- 6
Hubbard High School
Public | 9 - 12
- 6
Goode STEM Academy High School
Public | 9 - 10
- 5
Bogan High School
Public | 9 - 12
- 4
Hancock College Preparatory High School
Public | 9 - 12
- 1
Curie Metropolitan High School
Public | 9 - 12
- 1
Kelly High School
Public | 9 - 12
- 1
Gage Park High School
Public | 9 - 12
- 0
St Laurence High School
Private | 9 - 12
- 0
Queen of Peace High School
Private | 9 - 12
- 0
Pathways in Education High School
Public | 9 - 12
GET MORE INFORMATION
Michael Scanlon
Team leader | License ID: 475.188240
Team leader License ID: 475.188240