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Garrett Johnson

homesbygarrett@gmail.com +1(847) 337-1157

$550,000

Est. payment - /mo

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12626942

Maintenance Fees $24,694

Year Built 1926

Annual Tax Amount $10,821

Tax Year 2024

Lot Dimensions 50x125

Property Sub-Type Multi Family 5+

Property Description

Six 3BR/2BA units | 5/6 units occupied | rents $1,150-$1,700/mo | 2025 rent income $81,418 | NOI ~$38,500 | Current rents below market with clear upside as leases roll. Solid brick building, hardwood floors throughout, gated front yard, on-site parking. Property requires substantial rehabilitation and is offered strictly AS-IS. Investor opportunity with multiple units. Seller makes no representation regarding condition, code compliance, unit legality, occupancy status or future development potential. Buyer responsible for independent due diligence.

Location

State IL

County Cook

Area Chi - South Shore

Zoning MULTI

Rooms

Basement Unfinished

Interior

Cooling None

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick

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Listed by Yuliya Onyshchuk of Marblestone Property Group LLC

Nearby School & Business

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Garrett Johnson

+1(847) 337-1157

Agent License ID: 475.188206

7611 S Essex AVE Chicago, IL 60649

Garrett Johnson

Key Details

Location

Rooms

Interior

Building

Nearby School & Business

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