Closed

$262,000

Favorite

14,556

square ft

5120 S Michigan Avenue

CHICAGO, Illinois 60615

Closed / MLS #8219118 / Multiple Family / Washington Park

Listing information updated 6/10/2014 at 8:15am

BANK APPROVED PRICE! GREAT INVESTMENT OPPORTUNITY! HUGE CASH FLOW! $7,950 GROSS MONTHLY RENT! Huge 10 unit building with only 1 vacant unit. Price includes the adjacent 161x50 lot. Building needs significant work. Please do not disturb tenants. Sold AS IS.

Full Features

Exterior Type:

Brick

Square Feet:

14,556

Acreage:

.25

Parking Spaces:

Cooling System:

None

Current Use:

Residential-Multi-Family

Potential Use:

Condominium, Residential-Multi-Family

Zoning:

MULTI

Building Square Feet:

14,556

Current Net Income:

$56,786

Unit 1:

9 room(s) / 5 bed(s) / 0 bath(s)

Unit 2:

3 room(s) / 1 bed(s) / 0 bath(s)

Unit 3:

8 room(s) / 3 bed(s) / 0 bath(s)

Unit 4:

4 room(s) / 2 bed(s) / 0 bath(s)

Taxes & Assessments

Tax Amount:

$8,113

Tax Year:

N/A

Location

Zip Code:

60615

City:

Chicago

County:

Cook

Listing Office: Lagestee-Mulder Rlty & Inv.

Listing Office Phone: 630.325.8338

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 6/10/2014 at 8:15am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Washington Park, IL

Surrounded by an expansive park of the same name, Washington Park offers a number of attractions that appeal to residents. The park spans more than 340 acres, and was the proposed location of the Olympic Stadium and swimming venue for the 2016 Summer Olympics. Added to the National Register of Histo...

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CTA

Green line at 51st

CTA

Red line at Garfield

$252,385

Average Sale Price

175

Average Days On The Market

91%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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5120 S Michigan Avenue is a multiple family which sold for $262,000. This multiple family has been listed on @properties since November 12th, 2012. The nearest transit stops include 51st CTA Green line.