Rare opportunity to obtain a Fully updated 10 unit property where all the heavy lifting has been done. Complete make over of this diamond in a rough. This multifamily is minutes from museums, downtown, the lake front, South Shore Cultural Center, Museum of Science & Industry, & the Highly anticipated Obama Presidential Library along with Tiger Woods Pro Golf Course. All 10 units feature 1 bed, 1bath along with separate furnaces, brand new plumbing and new electric in addition to many other updates. Easily rent for $750/mo per unit, however CHA 1 bedroom vouchers go up to $1100/mo. That means you have rent potential of $10K to $11K per month. Taxes are less than a single family home, not to mention, no gas bill. There is only a common electric bill & water bill for this gem! Don't miss out on this amazing opportunity to snag a piece of South Shore, one of the fastest growing neighborhoods on the South Side of Chicago!!!! Make your appointment today!!!! 24 Hour Notice Recommended. Pro Forma numbers below are based on average rent of $825.00 per unit.....
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For more information about 7830 S Yates, Chicago, IL 60649 contact Corcoran Urban Real Estate.
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