Sold for $220,000 on 7/30/19
| Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
| 8 |
— |
1911 |
— |
2 |
$3,019 |
1889 days |
Newly rehabbed in 2017, come see this 4 unit building in the booming South Chicago neighborhood. Each unit features 2 bedrooms, 1 bathroom, large kitchens, laminate flooring and individually controlled heat. Also enjoy a 2 car garage, newer roof and mechanicals. The building has 3 of 4 units occupied currently and a perfect opportunity for the armchair investor or owner occupant to take on. Units have rented consistently between $800 - $850 for the past two years with the value add opportunity of adding laundry in the basement or central air (ductwork in place from furnaces currently). Financials provided are actual taxes, insurance and common area utilities and management. Also, projected repair/maintenance and reserves providing a healthy 12% cap rate with nearly 40k in gross income. Schedule your tour to view today.
Listing courtesy of Zumper, Inc.
8602 S Muskegon Ave. is a multi-unit home built in 1911, and is located in Chicago, IL, in the South Chicago neighborhood. It has 8 bedrooms and — bathrooms, a 2-car garage, and has annual property taxes of $3,019.
Marco Amidei
(888) 32-Marco (847) 630-4886
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