Great opportunity to own newer condo-quality 6 flat. Building consists of 2 simplexes and four duplex units and 6 garage parking spots. Fully Rented with income of $11,525 monthly. Building has been professionally managed since 2015 by a top notch company (City Habitat) and has a solid track record of consistent financial performance going back several years. Top of the line kitchen and baths. In-unit washer and dryer, all hardwood, fireplaces, tenant pays everything. 48 hour notice to show please. Property taxes were just successfully appealed (now estimated to be $16,100). Financials are a pro forma using 3-year averages for most expense projections. See attached Financial Statement showing past 3 years plus pro forma).
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For more information about 1625 W Morse, Chicago, IL 60626 contact Corcoran Urban Real Estate.
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Listing provided by Pearson Realty Group
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