Photo 1 of 1
$690,000
Sold on 10/08/22
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
6 |
0.00 |
0 |
$5,726 |
|
On the market:
130 days
|
View full details, 15 photos, school info, and price history
Beautiful 3 flats grey stone building with 2 garage parking spaces locates in the emerging Bronzeville neighborhood. It is right across from the Green Line train station, 12 minutes drive away from downtown and 6 minutes drive away from the University of Chicago. Good condition finishes and fully occupied with credible tenants, Long term history fully occupied record. Leasing is never an issue. The owner has a strict background checking process to select the tenants. And the garage is used by the seller, so the new owner can rent them for additional cash flow. Ture 6.2% cap rate, 4% cash on cash return after debt payment! Turn Key building and it is a good Deal.
Listing courtesy of Xiansong Liu, YOUMU VENTURES LLC