10656 S Michigan Avenue

Chicago, Illinois 60628
Closed / MLS #8715745 / Multiple Family / Rosemoor
Listing information updated 9/8/2015 at 1:15am
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
Square Feet:
19,968
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

Tax Amount:
$10,072
Tax Year:
N/A

Location

Zip Code:
60628
City:
Chicago
County:
Cook

Listing Office: Pappas Realty Group, LTD

Listing Office Phone: 773.264.1000

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 9/8/2015 at 1:15am. 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.


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10656 S Michigan Avenue is a multiple family which sold for $700,000. This multiple family has been listed on @properties since September 1st, 2014 and was built in 1924. The nearest transit stops include E 107th St Metra Metra Metra Electric Main Branch line.