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1406 S Hamlin Avenue

Chicago, IL 60623
  • $750,000
  • STATUS: Active
  • ON SITE: 73 Days
  • MLS #: 12213210
UPDATED: 181 min ago
$750,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1916
County:
Area:

School Ratings & Info

Description

Attention Investors!! This is a fully remodeled, fully occupied six-unit building. It has a 10 cap rate and a 22-25 return on investment!! The building has many new updates: copper plumbing, individual hot water tanks, rubber roof covering, laminate flooring, updated kitchens and baths, newer windows, electrical, duct work, and separate high-efficiency furnaces in each unit. all units are 3 bedrooms. Total income 115,200/year. Each unit is metered individually for gas and electric. Taxes are low. Check the ATTACHED DOCUMENT FOR CURRENT NUMBERS AND RETURNS. Only 1-2 units will be available to view until after under contract

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-08T23:58:15.737 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1406 S Hamlin Avenue Chicago, IL 60623

  • Price: $750,000
  • Status: Active
  • On Site: 73 Days
  • Updated: 181 min ago
  • MLS #: 12213210
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1916
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Attention Investors!! This is a fully remodeled, fully occupied six-unit building. It has a 10 cap rate and a 22-25 return on investment!! The building has many new updates: copper plumbing, individual hot water tanks, rubber roof covering, laminate flooring, updated kitchens and baths, newer windows, electrical, duct work, and separate high-efficiency furnaces in each unit. all units are 3 bedrooms. Total income 115,200/year. Each unit is metered individually for gas and electric. Taxes are low. Check the ATTACHED DOCUMENT FOR CURRENT NUMBERS AND RETURNS. Only 1-2 units will be available to view until after under contract
Exterior Features

Exterior Building Type Brick Foundation Details Brick/Mortar Roof Composition Roof Structure FlatOther

Interior Features

Cooling None Heat Ventilation Forced AirGas

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Electric Circuit BreakersService - 0 to 100 Amps Gross Income 115200 Gross Scheduled Income 115200 Insurance Expense 9500 Maintenance Expense 7750 Mls Actual Status Active Net Operating Income 81250 Operating Expense 33500 Ownership Types Individual Tax Annual Amount 5900 Tax Year 2022 Tenant Pays ElectricityHeatOther Total Monthly Income 9600 Township West Chicago Type Multi Family 5+ Zoning MULTI

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of AAA Real Estate: 630-618-2252.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-08T23:58:15.737 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Ani Real Estate
7300 S Cottage Grove Ave Suite B
Chicago IL, 60619-1910