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$460,000 For Sale

1901 East 74th Street
Chicago, IL 60649

6 units | Multi Family Home
6534 sq ft - MLS# 10267264
Property Photo
1/5

Description

PERFECT INVESTMENT CALLING INVESTORS who can take this project to the finish line!!! SILVER COATED ROOF, NEW ELECTRICAL SERVICE, NEW PLUMBING, NEW HVAC, NEW 2STORY BACK PORCH & 3EXTERIOR PARKING SPACES!!! Architectural drawings complete, permits filed & many of the MATERIAL FINISHES INCLUDED in the sale!! DON'T MISS OUT come see it today!!! All income/expense are broker projections.

Features

  • # Of Bdrms - Unit 1: 6
  • # Of Bdrms - Unit 2: 3
  • # Of Full Bthrms - Type 1: 2
  • # Of Full Bthrms - Type 2: 1
  • # of Parking Spaces: 3
  • # Of Rooms - Unit 1: 12 Rooms
  • # Of Rooms - Unit 2: 7 Rooms
  • # Of Stories: 3
  • # Of Units - Apt. Type 1: 2
  • # Of Units - Apt. Type 2: 4
  • Air Conditioning: Central Air
  • Approximate Age: Under Construction
  • Built Before 1978 (Y/N): Yes
  • County/Area: Cook County
  • Current Use: Residential-Multi-Family
  • East: 1974
  • Electric Expense Source: $
  • Electrical Service: Circuit Breakers, Separate Meters, 201-600 Amps
  • Electricity Expense: $1,200
  • Exterior Building Type: Brick
  • Foundation: Brick
  • Fuel Expense: $1,000
  • Fuel Expense Source: $
  • Gross Rent Multiplier: 3.32
  • Heat/Ventilation: Forced Air, Gas
  • Insurance Expense: $3,600
  • Janitor Expense: $1,800
  • Janitor Expense Source: $
  • Listing Status: Active
  • Lot Dimensions: 61X111
  • Lot Size: 0.1500
  • Lot Sq Ft: 6660
  • Monthly Income - 1: $2,000
  • Monthly Income - 2: $1,300
  • Monthly Income Max - 1: $2,200
  • Monthly Income Max - 2: $1,400
  • Net Operating Income Year: $2,019
  • Other Expense Source: $
  • Other Expenses: $2,000
  • Outdoor Parking: 1-5 Spaces
  • Parking Spaces: 3
  • Property Type: Multi Family Home
  • Repairs-Decor Expense: $2,000
  • Repairs-Decor Expense Source: $
  • Roof Structure: Flat
  • South: 7400
  • Sub Type: Multi Family 5+
  • Tax Year: 2016
  • Taxes: $7,044
  • Tenant Pays: Electric, Heat
  • Total Annual Exp: 22800
  • Total Annual Income: $120,000
  • Total Monthly Income: $10,000
  • Township: Hyde Park
  • Type Multi-Family: Flats
  • Units: 6
  • Water Expense: $3,600
  • Water Expense Source: $
  • Year Built: 1922
  • Zip Code: 60649
  • Zoning: MULTI

Courtesy of:

  • More info
  • Rachel Ruffin
    Real Estate Broker
    A.R.E. Partners
    Licensed Realtor in Illinois
    312-300-7237 x.225
    email Rachel
  • 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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