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Listing 11 out of 10,899
$550,000 For Sale

4828 South King Drive
Chicago, IL 60615

8 units | Multi Family Home
4356 sq ft - MLS# 09855687
Property Photo

Description

Bronzeville on the Boulevard. 8 unit fully occupied building. Cash flow now with future investment opportunities galore. Rents can be higher. 2800 - 3000 sq ft condominiums possible. Newer Windows Thru Out - 5 Yrs Old, Updated Electrical - 5 Yrs Old. This will not last. Serious Investors Needed.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60615
  • Year Built: 1898
  • Units: 8 units
  • Basement: Unfinished, Bathroom Rough-In
  • Lot Size: 4356 sq ft
  • Zoning: MULTI
  • # Of Bdrms - Unit 1: 3
  • # Of Bdrms - Unit 2: 1
  • # Of Full Bthrms - Type 1: 2
  • # Of Full Bthrms - Type 2: 1
  • # Of Full Bthrms - Type 3: 2
  • # Of Full Bthrms - Type 4: 1
  • # Of Ranges: 6
  • # Of Refrigs: 5
  • # Of Rooms - Unit 1: 7 Rooms
  • # Of Rooms - Unit 2: 4 Rooms
  • # Of Stories: 3
  • # Of Units - Apt. Type 1: 1
  • # Of Units - Apt. Type 2: 7
  • Approximate Age: Older
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • East: 400
  • Exterior Building Type: Brick
  • Foundation: Concrete
  • Frontage/Access: City Street
  • Gross Rent Multiplier: 8.4
  • Heat/Ventilation: Central Bldg Heat, Radiators
  • Lot Dimensions: 0.1045
  • Lot Sq Ft: 4550
  • Monthly Income - 1: $1,200
  • Monthly Income - 2: $700
  • Monthly Income Max - 1: $1,500
  • Monthly Income Max - 2: $900
  • Potential Use: Condominium, Residential-Multi-Family
  • South: 4800
  • Tax Year: 2016
  • Taxes: $8,789
  • Tenant Pays: Electric
  • Total Annual Income: $70,200
  • Total Monthly Income: $5,850
  • Township: Hyde Park
  • Type Multi-Family: Corridor-Exterior Entrance
Courtesy of Kale Realty

Illinois - 4128 N. Kedzie Ave., Chicago, IL 60618 | phone: 312-300-7237
Indiana - 9445 Indianapolis Blvd., #1029   Highland, IN 46322 | phone: 219-392-9700
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