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    5120 S Michigan Avenue

    Chicago, IL 60615
    • $1,200,000
    • STATUS: Active
    • ON SITE: 75 days
    • MLS #: 10998811
    UPDATED: 43 min ago
    $1,200,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1885
    County:

    School Ratings & Info

    Description

    EXCELLENT CAP RATE. AN 8 UNIT MULTI-FAMILY APARTMENT BUILDING IN UP AND COMING WASHINGTON PARK/BRONZEVILLE AREA. 3 UNITS 4BED/2 BATH UNITS; 2/5BED/2 BATH UNITS; 3/1BED/1 BATH UNIT. PROPERTY SELLER HAS UPGRADED ALL THE KITCHENS. EACH UNIT HAS OWN HVAC SYSTEM. RENOVATED ALL COMMON AREAS AND IMPROVED ROOF AND BUILDING EXTERIOR. CURRENT OWNER HAS PLANS, PERMITS FROM THE CITY TO ADD 4-1 UNIT APARTMENTS IN THE BASEMENT. WOULD ADD AN ADDITIONAL $43,000.00. ALL UNITS PRESENTLY RENTED.

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    © 2021 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 2021-05-06T11:54:44.743 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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    5120 S Michigan Avenue Chicago, IL 60615

    • Price: $1,200,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 10998811
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1885
    Built
    Neighborhood:
    Chi - Washington Park
    County:
    Cook
    Area:
    Chi - Washington Park
    Property Description
    EXCELLENT CAP RATE. AN 8 UNIT MULTI-FAMILY APARTMENT BUILDING IN UP AND COMING WASHINGTON PARK/BRONZEVILLE AREA. 3 UNITS 4BED/2 BATH UNITS; 2/5BED/2 BATH UNITS; 3/1BED/1 BATH UNIT. PROPERTY SELLER HAS UPGRADED ALL THE KITCHENS. EACH UNIT HAS OWN HVAC SYSTEM. RENOVATED ALL COMMON AREAS AND IMPROVED ROOF AND BUILDING EXTERIOR. CURRENT OWNER HAS PLANS, PERMITS FROM THE CITY TO ADD 4-1 UNIT APARTMENTS IN THE BASEMENT. WOULD ADD AN ADDITIONAL $43,000.00. ALL UNITS PRESENTLY RENTED.
    Exterior Features

    Parking Total 4 Roof Membrane Roof Structure Flat

    Interior Features

    Heat Ventilation Forced Air Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 5 Number Of Bedrooms Unit2 4 Number Of Bedrooms Unit3 1 Number Of Bedrooms Unit4 0 Number Of Dryers 2 Number Of Ranges 8 Number Of Refrigs 8 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 10 Number Of Rooms Unit2 9 Number Of Rooms Unit3 5 Number Of Rooms Unit7 0 Number Of Units Apt Type1 2 Number Of Units Apt Type2 3 Number Of Units Apt Type3 3 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 2

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Electric Expense 3324 Fuel Expense 0 Gross Income 136500 Gross Scheduled Income 144196 Insurance Expense 4800 Janitor Expense 1200 Lot Size Dimensions 69X161 Maintenance Expense 1200 Monthly Income Max1 1900 Monthly Income Max2 1700 Monthly Income Max3 1000 Operating Expense 40116 Other Expense 0 Tax Annual Amount 10074 Tax Year 2019 Tenant Pays ElectricityHeatSewer Total Monthly Income 11375 Trash Expense 2136 Type Multi Family Other Washer Dryer Leased YN No Water Sewer Expense 6000 Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Century 21 Universal.


    © 2021 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 2021-05-06T11:54:44.743 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
    605 N Michigan, 4th Floor
    Chicago IL, 60611