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Listing 19 out of 13,390
$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

  • Property Type: Multi Family Home
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60620
  • Year Built: 1924
  • Units: 6 units
  • Basement: Unfinished
  • # of Parking Spaces: 4
  • Zoning: MULTI
  • # 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 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
  • Built Before 1978 (Y/N): Yes
  • Construction: Brick
  • 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
  • Lot Dimensions: 37X126
  • Monthly Income - 1: $600
  • Monthly Income - 2: $650
  • Monthly Income Max - 1: $825
  • Monthly Income Max - 2: $650
  • Scavenger Expense: $1,800
  • South: 8000
  • 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
  • Water Expense: $588
  • Water Expense Source: $
  • West: 100

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
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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