6443 S Yale Ave.

Rare opportunity to own a fully operational cash flowing business ready for a new President! Englewood is one of the fastest appreciating neighborhoods for investors in the Chicagoland area! This building was renovated in 2013 with over 2M invested! Credit card operated laundry located in the basement common areas! 5-star camera security system in place. The building apartment mix includes; eleven 2-bed, 1-bath units, one 3 bed, 1-bath unit and three 3-bed, 2-bath units. The 3-bedroom apartments can rent for up to $1,500+ and the 2-bedroom apartments can rent for $1,200+. Many units are being rented below market value. For even more cash flow CHA pays a maximum of $1,620 for a 3-bedroom voucher and $1,355 for 2-bedroom voucher. Currently cash flowing $139,000 in net annual income! Much greater NET income potential once maximum rents are realized! Great location! Walking distance to St Bernard Hospital and Jackson College Prep, interstate access and public transportation access! 8 parking spaces available, fenced parking! Great for additional cash flow! Tenants are being charged $25 per month for use of parking spaces that's an additional $200 per month - this is not included in the rent roll and analysis.