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8326-52 S Ellis Avenue

Chicago, Illinois 60619


Irene Haddad
312.506.0200

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$2,425,000



Property Type
Multiple Family
Neighborhood
Chatham


Excellent Investment Opportunity in Chatham! Bundle sale of 4 - 14 unit buildings, every residential property on one block! Total units are 56 units ( 8- Studios, 36- one bedrooms, 12- two bedroom apartments). 56 parking spots in the back of the properties. Every building has 2 washers and 2 dryers, storage areas. Majority of the units have been updated within the last 10-15 years with cabinets, bathrooms, carpets and doors. All buildings have rod iron fence. Tenants pay electric. Cap Rate of 12.89% One block from Metra, Bus stop. 10 mins from University of Chicago and Chicago State Univ. Walk score of 81! Majority are long term tenants from 10-25 YEARS PLUS! A MUST SEE!!!!



Full Features
Exterior Type: Brick
Pool: No
Square Feet: N/A
Tax Amount: $49,795
Built: 1963
Parking Spaces: 56
Cooling System: Window Unit/s
Stories: 3
Current Use: Residential-Multi-Family
Zoning: MULTI
Current Net Income: $33,506
Unit 1: 2 room(s) / 0 bed(s) / 1 bath(s)
Unit 2: 3 room(s) / 1 bed(s) / 1 bath(s)
Unit 3: 4 room(s) / 2 bed(s) / 1 bath(s)
School District(s): No Data Available


Taxes & Assessments
Taxes: $49,795


Listing Office: Beals & Associates LTD

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Chatham

Chatham is part of the Chicago South Side. Situated just south of Chicago's Loop, Chicago South has experienced rapid development in recent years, particularly in the South Loop neighborhood. Chicago South offers a wide range of housing styles, including new…

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Nearby Public Transportation

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

at Avalon Park Metra (0.12 miles away), Stony Island Metra, Gresham Metra, 63rd Street and others







8326-52 S Ellis Avenue Chicago, Illinois 60619 is a multiple family property, which sold for $2,425,000. Want to learn more about 8326-52 S Ellis Avenue Chicago, Illinois 60619? Contact an @properties agent to request more info.


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