(Address Confidential)

Chicago, Illinois 60644

Debra Secher

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Property Type
Multiple Family

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
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 stretches from Garfield Park on the east to Oak Park on the west. It is the one of largest communities in Chicago, both in geography and population. Residents enjoy the area’s tight-knit active community and plentiful parks. Columbus Park,…

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Nearby Public Transportation

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(Address Confidential) Chicago, Illinois 60644 is a multiple family property, which sold for $800,000. Want to learn more about (Address Confidential) Chicago, Illinois 60644? Contact an @properties agent to request more info.

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