Closed

$365,000

Favorite

7,000

square ft

7359 S Lowe Avenue

CHICAGO, Illinois 60621

Closed / MLS #9921795 / Multiple Family / Englewood

Listing information updated 8/4/2018 at 1:50am

Urban Villas Real Estate is pleased to present 7359 South Lowe Avenue in Chicago's Englewood community. This 15-unit building has an excellent cap rate of 12.7 percent and a 95% occupancy rate. Each unit has individual heating which is paid for by each tenant lowering expenses significantly and adds to the attractiveness of this property. Kitchens and bathrooms are updated. Other updates include a silver roof, tuckpointing, and newer windows. The building consists of twelve studio units and three one bedroom plus den units. The building is near Hamilton Park, multiple bus lines, and the CTA Red Line.

Full Features

Exterior Type:

Brick

Square Feet:

7,000

Built:

1924

Cooling System:

None

Stories:

Roof:

Rubber

Current Use:

Residential-Multi-Family

Zoning:

MULTI

Building Square Feet:

7,000

Current Net Income:

$51,846

Unit 1:

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

Unit 2:

4 room(s) / 1 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:

$6,994

Tax Year:

N/A

Location

Zip Code:

60621

City:

Chicago

County:

Cook

Listing Office: Urban Villas Real Estate Inc

Listing Office Phone: 708.263.0477

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 8/4/2018 at 1:50am. 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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7359 S Lowe Avenue is a multiple family which sold for $365,000. This multiple family has been listed on @properties since April 19th, 2018 and was built in 1924. The nearest transit stops include 69th CTA Red line.