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    7444 S Langley Avenue

    Chicago, IL 60619
    • $399,500
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 11061427
    UPDATED: 22 min ago
    $399,500
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,286
      SQFT
    • $93
      $/SQFT
    Type:
    Commercial
    Built:
    1931
    County:

    School Ratings & Info

    Description

    Awesome Opportunity!!! At a 13% Cap Rate, This is a no brainer! Own a fully rented 5 unit PLUS a non conforming Garden / Studio unit. All units are very well maintained. Garden / Studio is a total rehab. 3 Car Garage! WOW! Rents can even be higher.

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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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    7444 S Langley Avenue Chicago, IL 60619

    • Price: $399,500
    • Status: Active
    • Updated: 22 min ago
    • MLS #: 11061427
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    4,286
    SQFT
    $93
    $/SQFT
    1931
    Built
    Neighborhood:
    Chi - Greater Grand Crossing
    County:
    Cook
    Area:
    Chi - Greater Grand Crossing
    Property Description
    Awesome Opportunity!!! At a 13% Cap Rate, This is a no brainer! Own a fully rented 5 unit PLUS a non conforming Garden / Studio unit. All units are very well maintained. Garden / Studio is a total rehab. 3 Car Garage! WOW! Rents can even be higher.
    Exterior Features

    Construction Materials Brick Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 1-5 Spaces Parking Total 5 Roof Structure Flat

    Interior Features

    Basement Description Exterior AccessStorage Space Cooling Window Unit(S) Electric Circuit BreakersSeparate Meters Heat Ventilation Radiators Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 1 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 1 Number Of Full Bathrooms Type4 1 Number Of Full Bathrooms Type5 1 Number Of Full Bathrooms Type6 1 Number Of Ranges 6 Number Of Refrigs 6 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 5 Number Of Rooms Unit2 1 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Units Apt Type1 5 Number Of Units Apt Type2 1 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Cap Rate 13 Electric Expense 1782 Expense Year 2020 Exterior Building Type Brick Fuel Expense 4229 Gross Income 62700 Gross Scheduled Income 62700 Insurance Expense 3495 Janitor Expense 1500 Known Encumbrances None Known Lot Size Dimensions 37 X 125 Maintenance Expense 1500 Monthly Income Max1 1000 Monthly Income Max2 875 Net Operating Income Year 2021 Operating Expense 13166 Other Expense 0 Tax Annual Amount 4453.84 Tax Year 2019 Tenant Pays ElectricityOther Total Monthly Income 5225 Trash Expense 0 Type Multi Family Other Utilities Sanitary SewerSewer-Storm AvailableWater To Site Water Sewer Expense 2434 Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Home Owners Realty, Inc..


    © 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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