Price Reduced to Appraised Value. Welcome to your 12 Unit Opportunity on the EMERGING Auburn Gresham 79th Street Corridor! Millions of Dollars in New Development has been invested from 79th and Lowe to 79th and Ashland. ****This well maintained 12-unit building offers a prime chance to expand your portfolio while stepping into a turnkey operation. The current rents are below todays market value. Here's a glimpse into what this property has to offer. ****Nestled in the Auburn Gresham Community near bus lines, The new Metra Station, this 12-unit gem stands as a testament of opportunity, community care and pride. This property exudes a sense of reliability and longevity. ****Key Features: Appliances are Included. FORECASTED MONTHLY INCOME: 8,280 ANNUAL INCOME: 99,360 VACANCY: 4,968 EXPENSES: 49,322 and THE ASSET HAS A FAVORABLE CAPITALIZATION RATE!
Property Map
Please use the print button to include maps when printing.
For more information about 1203 W 78th, Chicago, IL 60620 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Coldwell Banker Realty
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
