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10656 S Michigan Avenue

Chicago, Illinois 60628


Kathy Jensen
773.757.8864

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$700,000


Square Footage
19,968
Kathy Jensen
773.757.8864
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Property Type
Multiple Family
Neighborhood


18-unit $6k/mo Cash Flow, 10% CAP, Secure/solid brick, Class B, 12 yr Owner pride; Stable, Long term tenants (44 mo. avg. tenure), 94% Historic Occ, Renovated/well-mntnd; TENANTS PAY HEAT/GAS/ELEC; Max Exposure: 22.3k cars per day!, @CTA bus stop; Great Mix: 4 Renov Retail, 14 new apts. (2-2br, 10-1br, 2 dlx stu.); Zero deferred maint: 2008 roof, doors, windows, water heater; New kitchens/baths, Oak HW/ceramic Flr



Full Features
Exterior Type: Brick
Basement: Finished
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Square Feet: 19,968
Tax Amount: $10,072
Built: 1924
Cooling System: Window Unit/s
Stories: 3
Roof: Membrane,Reflective Coating
Current Use: Residential-Multi-Family, Other
Potential Use: Commercial, Condominium, Office and Research, Residential-Multi-Family, Retail, Special Use, Other
Zoning: RTAIL
Building Square Feet: 19,968
Current Net Income: $77,662
Unit 1: 6 room(s) / 2 bed(s) / 1 bath(s)
Unit 2: 5 room(s) / 1 bed(s) / 1 bath(s)
Unit 3: 4 room(s) / 0 bed(s) / 1 bath(s)
Unit 4: 3 room(s) / 0 bed(s) / 1 bath(s)


Taxes & Assessments
Taxes: $10,072

Listing Office: Pappas Realty Group, LTD

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Nearby Public Transportation

Metra
Metra Electric Main Branch, South Shore, Metra Electric Blue Island Branch, Rock Island District

at E 107th St Metra (0.62 miles away), Kensington 115th, State St Metra, 103rd St and Washington Heights and others







10656 S Michigan Avenue Chicago, Illinois 60628 is a multiple family property, which sold for $700,000. Want to learn more about 10656 S Michigan Avenue Chicago, Illinois 60628? Contact an @properties agent to request more info.


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