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$357,797 For Sale

107 West 80th Street
Chicago, IL 60620

6 units | Multi Family Home - MLS# 09984045
Property Photo
1/23

Description

Investors Read: Great investment opportunity full of potential! This building features six one bed / one bath units. Items completed in 2018: tuck pointing, roofing, windows, boiler heating sensors. Fully occupied. One unit recently rehabbed including SS appliances, upgrade bath, paint and floors/carpet and now rented on a year lease at $825. Other units on mtm with some below market rents. At least one long term tenant.The property also features four car parking garage for additional income. Seller in process of making cosmetic improvements to include paint, hallways, mailboxes. 3 basements with room for laundry (extra income) and storage. Seller's are willing to consider owner financing for capable buyer with an written offer.

Features

  • # Of Bdrms - Unit 1: 1
  • # Of Bdrms - Unit 2: 1
  • # Of Full Bthrms - Type 1: 1
  • # Of Full Bthrms - Type 2: 1
  • # Of Full Bthrms - Type 3: 1
  • # of Parking Spaces: 4
  • # Of Ranges: 1
  • # Of Refrigs: 1
  • # Of Rooms - Unit 1: 3 Rooms
  • # Of Rooms - Unit 2: 3 Rooms
  • # Of Stories: 2
  • # Of Units - Apt. Type 1: 4
  • # Of Units - Apt. Type 2: 2
  • Approximate Age: Older
  • Basement: Unfinished
  • Built Before 1978 (Y/N): Yes
  • Construction: Brick
  • County/Area: Cook County
  • Electric Expense Source: $
  • Electricity Expense: $336
  • Exterior Building Type: Brick
  • Fuel Expense: $6,900
  • Fuel Expense Source: $
  • Gross Rent Multiplier: 7.32
  • Heat/Ventilation: Radiators
  • Insurance Expense: $2,862
  • Listing Status: Active
  • Lot Dimensions: 37X126
  • Monthly Income - 1: $600
  • Monthly Income - 2: $650
  • Monthly Income Max - 1: $825
  • Monthly Income Max - 2: $650
  • Parking Spaces: 4
  • Property Type: Multi Family Home
  • Scavenger Expense: $1,800
  • South: 8000
  • Sub Type: Multi Family 5+
  • Tax Year: 2016
  • Taxes: $4,931
  • Tenant Pays: Electric, Other
  • Total Annual Exp: 17420
  • Total Annual Income: $48,900
  • Total Monthly Income: $4,075
  • Township: Lake
  • Units: 6
  • Water Expense: $588
  • Water Expense Source: $
  • West: 100
  • Year Built: 1924
  • Zip Code: 60620
  • Zoning: MULTI

Courtesy of:

  • More info
  • Dont'a Taylor
    Real Estate Broker
    A.R.E. Partners
    Licensed Realtor in Illinois

    office: 312-300-7237 x.227
    email Dont'a
  • More info

Illinois - 4138 N. Kedzie Ave., Chicago, IL 60618 | phone: 312-300-7237
Indiana - 9445 Indianapolis Blvd., #1029   Highland, IN 46322 | phone: 219-392-9700
web: www.arepartners.com

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