Bought with Michael Savegnago of Legacy Properties, A Sarah Leonard Company
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5,900 SqFt
Key Details
Sold Price -
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 5,900 sqft
MLS Listing ID 12696124
Sold Date -
Year Built 1906
Annual Tax Amount $6,750
Tax Year 2023
Lot Size 0.780 Acres
Lot Dimensions 27 X 135
Property Sub-Type Multi Family 5+
Property Description
Turnkey 6-unit greystone. - all six units leased. Fixed-term leases in place into 2027 for stability, with near-term rent upside on the month-to-month units. This property has 15 bedrooms and 6 bathrooms. New roof, rebuilt rear porch, two water heaters, tuckpointing, rear concrete parking pad, and refreshed units with refinished hardwood. CHA/Section 8 approved building-wide - dependable, government-backed rent. The 2024 Cook County reassessment is already appealed and resolved, with taxes documented through the current cycle. Finances cleanly via DSCR/commercial and covers debt service with room to spare. Full rent roll and P&L available to qualified buyers.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Utilities Available Sewer Connected
View Y/N true
Roof Type Reflective Coating
Building
Foundation Brick/Mortar, Concrete Perimeter
Water Municipal Water
Structure Type Brick,Wood,Block
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