Exceptionally well-located steps to West end of 606, 1 mile to Healy Metra, 1.5 miles to California Blue line, and everything Logan. Offers multiple investment objectives as investor or end user. Wide, expansive, diverse unit mix offers (1) 3 bedroom 1 bath and (3) 2 bedroom 1 bath. Individual gas forced air and central air, separate hot water tanks, newer kitchens and baths, hardwood floors, huge yard and in unit laundry make these units very desirable. Gross Monthly Income $7,900.00; Annual Income $94,800; Net Operating Income is about $84,200. Property was completely gut rehabbed with plans and permits about 11 years ago. Building is fully stabilized with 2 leases through Spring 2024 and 2 units MTM providing an opportunity to increase rents. Zoning Certificate 4 units.
Property Map
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Property Details
Utilities
Heating Natural Gas, Forced Air
Cooling
Water Lake Michigan
Sewer Public Sewer
Additional Information
Exterior Features
Deck, Porch, Storms/Screens
Parking
Parking not included in price
Schools
Clemente Community Academy Senio (299), Darwin Elementary School (299)
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.
