Closed

3014 W 59th Street

Chicago, Illinois 60629


Ron Zarantenello
312.835.4433

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$620,000


Property Type
Multiple Family
Neighborhood
Gage Park


Impressive young 12 unit building. Wonderful mix of unit. Seven 2 bedroom units, three/ bedroom units and two 3 bedroom 1.5 bath units. Private court yard building. Gated front entrances. Plenty of off street parking in private lot. on site washer/dryer. Fully occupied with gross income $112,000. Net income of over $62,000/year. After debt service income is over $30,000 per year. That is 25% cash on cash return. Owner retiring looking for good owner to talk care of her long term tenants.



Full Features
Exterior Type: Brick
Basement: Crawl
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Square Feet: N/A
Tax Amount: $11,163
Built: 1968
Cooling System: Total
Stories: 3
Roof: Rubber
Current Use: Residential-Multi-Family
Potential Use: Residential-Multi-Family
Zoning: MULTI
Current Net Income: $64,000
Unit 1: 4 room(s) / 2 bed(s) / 1 bath(s)
Unit 2: 3 room(s) / 1 bed(s) / 1 bath(s)
Unit 3: 5 room(s) / 3 bed(s) / 1 bath(s)


Taxes & Assessments
Taxes: $11,163

Listing Office: Coldwell Banker Residential

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Gage Park

Gage Park 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…

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Nearby Public Transportation

Metra
Southwest Service

at Wrightwood Metra (2.61 miles away)







3014 W 59th Street Chicago, Illinois 60629 is a multiple family property, which sold for $620,000. Want to learn more about 3014 W 59th Street Chicago, Illinois 60629? Contact an @properties agent to request more info.


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