8326-52 S Ellis Avenue

CHICAGO, Illinois 60619
Closed / MLS #9320098 / Multiple Family / West Chesterfield
Listing information updated 2/14/2017 at 3:15am
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
Square Feet:
N/A
Acreage:
1
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)

Taxes & Assessments

Tax Amount:
$49,795
Tax Year:
N/A

Location

Zip Code:
60619
City:
Chicago
County:
Cook

Listing Office: Beals & Associates LTD

Listing Office Phone: 312.772.3257

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 2/14/2017 at 3:15am. 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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8326-52 S Ellis Avenue is a multiple family which sold for $2,425,000. This multiple family has been listed on @properties since August 19th, 2016 and was built in 1963. The nearest transit stops include Avalon Park Metra Metra Metra Electric Main Branch line.