7350-52 S. Langley is a 6 unit Multifamily building in the Park Manor/North Chatham neighborhood of Chicago. The asset presents an opportunity for a qualified investor to purchase a well located property that was extensively updated in 2016 with individual furnaces. The building consists (6) 1beds 1bath units, occupied by Section 8 where ~97% rental income is paid by the subsidized agency, and currently yielding an in-place 11.04% CAP Rate & a 24.28% CoC return. Improvements included updated kitchen and baths, individual furnaces, some plumbing, and roof layover & aluminum coated. **NOTE** This property and 7948 S. Dobson can be purchased as a package deal. Offering Memorandums are available upon request. Call broker for more information and Offering Memorandums are available upon request.
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Property Details
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Listing History
01-04-2018
Listed at $420,000
02-14-2018
Price decreased by $30,000 to $390,000
05-01-2018
Status changed to Expired
05-01-2018
Status changed to Active
06-12-2018
Price decreased by $15,000 to $375,000
08-01-2018
Status changed to Expired
08-02-2018
Price decreased by $10,000 to $365,000
08-02-2018
Status changed to Active
09-01-2018
Status changed to Expired
09-10-2018
Status changed to Active
10-04-2018
Status changed to Cancelled
Last Modified 10/4/18 10:28 AM
Nearby Transportation
Bus 75
0.1 mi
Bus 4
0.1 mi
Bus 3
0.4 mi
Bus 71
0.4 mi
Bus 30
0.4 mi
Bus 79
0.6 mi
Bus 67
0.7 mi
Bus 5
0.7 mi
Bus 95
0.7 mi
Bus 29
0.9 mi
Bus 169
1.1 mi
Bus 24
1.1 mi
Bus 28
1.1 mi
Bus 8A
1.2 mi
Metra Electric
0.7 mi
Red Line
1.1 mi
I 90 East
0.3 mi
I 94 West
0.9 mi
I 94 East
0.9 mi
I 90 West
1.8 mi
Hwy 57
3.2 mi
Hwy 57
3.6 mi
For More Information
(312) 528-9200
For more information about 7352 S Langley, Chicago, IL 60619 contact Corcoran Urban Real Estate.
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Listing provided by Sperry Van Ness
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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.