Amazing opportunity for an investment property or even better for an owner occupied rental. One unit yearly rental income can cover mortgage payment and taxes if owner occupied. *For Sale As Is* 1st floor tenant is paying $1,350/month and has a lease in place until July 2019. 2nd floor tenant is paying $1,400/month and has a lease in place until September 2019 (2nd floor tenant has agreed to a clause in lease if building is sold, new owner has the option to terminate lease with 60 days notice). Potential Cap Rate ~7% (Email Listing agent for detailed estimate) Last rehabbed in 2015 this building is in great shape and has been well maintained by current owner. Close to the expressway, 10 minutes from downtown, walking distance to White Sox park, blocks from Bridgeport a neighborhood with diverse food options, art and park space. South Halstead Street's eateries include bakeries, taquerias, Japanese teahouses, and diverse eating options.
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For more information about 546 W 43rd, Chicago, IL 60609 contact Urban Real Estate.
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