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Listing 13 out of 12,010
$399,900 Contingent
8 units | Multi Family Home - MLS# 09894120
Property Photo
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Description

Investors Read: great 8 unit in South Shore including 3 duplexed units. One 6bed/2ba; two 5bed/2ba; three 3bed/1.5ba; two 2bed/1ba. Units have individual, in unit mechanicals and washer/dryer. Tenants pay own utilities. 50% occupied. Gross annual income projection: $104,904 at full occupancy. aka 7803 S MUSKEGON AVE.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family 5+
  • Listing Status: Contingent
  • County/Area: Cook County
  • Zip Code: 60649
  • Year Built: 1919
  • Sq.Ft.: 9,410 sq ft
  • Units: 8 units
  • Zoning: MULTI
  • # Of Bdrms - Unit 1: 6
  • # Of Bdrms - Unit 2: 5
  • # Of Bdrms - Unit 3: 3
  • # Of Bdrms - Unit 4: 2
  • # Of Full Bthrms - Type 1: 2
  • # Of Full Bthrms - Type 2: 2
  • # Of Full Bthrms - Type 3: 1
  • # Of Full Bthrms - Type 4: 1
  • # Of Rooms - Unit 1: 9 Rooms
  • # Of Rooms - Unit 2: 7 Rooms
  • # Of Rooms - Unit 3: 5 Rooms
  • # Of Rooms - Unit 4: 4 Rooms
  • # Of Stories: 2
  • # Of Units - Apt. Type 1: 1
  • # Of Units - Apt. Type 2: 2
  • # Of Units - Apt. Type 3: 3
  • # Of Units - Apt. Type 4: 2
  • Air Conditioning: Central Air
  • Approximate Age: Older
  • Built Before 1978 (Y/N): Yes
  • East: 2845
  • Electricity Expense: $785
  • Fuel Expense: $275
  • Gross Rent Multiplier: 3.81
  • Heat/Ventilation: Gas
  • Insurance Expense: $4,687
  • Janitor Expense: $700
  • Lot Dimensions: 47X129
  • Monthly Income - 1: $1,509
  • Monthly Income - 2: $1,409
  • Monthly Income - 3: $870
  • Monthly Income - 4: $875
  • Monthly Income Max - 1: $1,509
  • Monthly Income Max - 2: $1,410
  • Monthly Income Max - 3: $907
  • Monthly Income Max - 4: $875
  • Net Operating Income Year: $2,016
  • Other Expenses: $500
  • Repairs-Decor Expense: $12,878
  • South: 7800
  • Tax Year: 2017
  • Taxes: $10,824
  • Tenant Pays: Electric, Heat
  • Total Annual Exp: 43079
  • Total Annual Income: $104,904
  • Total Monthly Income: $8,742
  • Township: Hyde Park
  • Water Expense: $10,980

Courtesy of:

  • More info
  • Antje Gehrken
    President | Managing Broker
    A.R.E. Partners
    Licensed Realtor® in Illinois & Indiana

    312-300-7237 x.216
    email Antje
  • More info
Courtesy of A.r.e. Partners Inc.

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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