Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
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46 Properties Within 0.5 miles of: 7135 S East End, Chicago

7135 S East End
Chicago, IL 60649

  • Built In 1913
Price

$355,000

Est Payment
$2,559 / month (details)  
Taxes
$5,245  
Type
Mutli Family  
Sq. Ft.
n/a  
Lot Size
60 X 125  
Built
1913  
Neighborhood
South Shore  
MLS
#09826451
Status
Sold (7/27/2018)

Property Description

7133-35 S. East End is a 6 unit Multifamily building in the heart of South Shore.The building consists of six (6) large 3 Bedroom / 1 Bath units that are ~1300 sf with 7 rooms. There are approximately six parking spaces available for additional income. The asset gives an opportunity for a qualified investor to purchase a well located property with an in-place CAP Rate of 10.1%, but with some minor cosmetic updating, then this value-add opportunity can achieve a CAP Rate near 13% and Cash-on-Cash return near 35%. **NOTE** This property and 2046 E. 73rd St. can be purchased as a package deal; both in South Shore and just a few blocks from each other. The package deal gives an investor a great unit mix of (6) 3bds and (6) 2bds. Call broker for more information and Offering Memorandums are available upon request.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

01-04-2018 Listed at $450,000
02-14-2018 Price decreased by $30,000 to $420,000
04-09-2018 Status changed to Under Contract
05-03-2018 Status changed to Expired
05-03-2018 Status changed to Active
06-12-2018 Price decreased by $25,000 to $395,000
06-27-2018 Status changed to Under Contract
07-27-2018 Status changed to Closed
07-27-2018 Sold at $355,000
Last Modified 7/27/18 12:03 PM

Nearby Transportation

  • Bus 71 0.1 mi
  • Bus 28 0.1 mi
  • Bus 15 0.4 mi
  • Bus 5 0.4 mi
  • Bus 95 0.4 mi
  • Bus J14 0.4 mi
  • Bus 75 0.4 mi
  • Bus 67 0.6 mi
  • Bus 6 0.6 mi
  • Bus 26 0.7 mi
  • Bus 30 0.7 mi
  • Bus 79 0.9 mi
  • Bus 63 1.0 mi
  • Bus 4 1.1 mi
  • Metra Electric 0.2 mi
  • I 90 East 0.6 mi
  • I 94 West 2.1 mi
  • I 94 East 2.2 mi
  • I 90 West 2.6 mi
  • Hwy 57 4.1 mi
  • Hwy 57 4.6 mi
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