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(Address Confidential)

Chicago, Illinois 60644


Guido Piunti
312.983.2630

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$820,000


Property Type
Multiple Family
Neighborhood
Austin


Huge 6-Flat, Cash Flow, Fully Occupied. Gross Rent $8,621/Month. 2012 gut rehab, all 4 bed/2 bath 1500+ Sqft. Wood Floor, Granite counter tops, A/C, In Unit furnace, water heater, dishwasher and microwave. 2012 new plumbing and electrical. 5 Section 8 / 4 long-term / 3-5 years. Market tenant is 3 years West Austin in nice quiet neighborhood a treeline street. Next to Oak Park without paying high tax bill in Oak Park. Tenants pay all utilities. Low tax/insurance/expenses. 10.5% cap rate; leverage return can be 25%. Rent increase potential. Huge basement to build out a garden unit and/or a laundry room.



Full Features
Basement: Unfinished
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Square Feet: N/A
Tax Amount: $5,506
Built: 1928
Parking Spaces: 6
Stories: 3
Current Use: Residential-Multi-Family
Zoning: MULTI
Current Net Income: $84,570
Unit 1: 7 room(s) / 4 bed(s) / 2 bath(s)
Unit 2: 7 room(s) / 4 bed(s) / 2 bath(s)
Unit 3: 7 room(s) / 4 bed(s) / 2 bath(s)
Unit 4: 7 room(s) / 4 bed(s) / 2 bath(s)
Unit 5: 7 room(s) / 4 bed(s) / 2 bath(s)
Unit 6: 7 room(s) / 4 bed(s) / 2 bath(s)


Taxes & Assessments
Taxes: $5,506

Listing Office: Porter Key Realty and Property Management LLC

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Austin

Austin is part of the Chicago North Side. Chicago North encompasses numerous affluent and up-and-coming neighborhoods located north of the Loop. Located just seven miles west of the Chicago Loop, Austin is Chicago's largest community by land area and second…

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Nearby Public Transportation

CTA Rail

at Austin (0.40 miles away)

Metra
Milwaukee District West, Union Pacific West, BNSF Railway

at Oak Park Metra (1.47 miles away), Oak Park, S Cicero Ave Metra






(Address Confidential) Chicago, Illinois 60644 is a multiple family property, currently listed at $820,000. Want to learn more about (Address Confidential) Chicago, Illinois 60644? Contact an @properties agent to request more info.


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