Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
30 Properties Within 0.5 miles of: 8326-52 S Ellis, Chicago

8326-52 S Ellis
Chicago, IL 60619

  • Built In 1963
Price

$2,425,000

Est Payment
$18,128 / month (details)  
Taxes
$49,795  
Type
Mutli Family  
Sq. Ft.
n/a  
Lot Size
0  
Built
1963  
Neighborhood
East Chatham  
MLS
#09320098
Status
Sold (2/6/2017)

Property Description

Excellent Investment Opportunity in Chatham! Bundle sale of 4 - 14 unit buildings, every residential property on one block! Total units are 56 units ( 8- Studios, 36- one bedrooms, 12- two bedroom apartments). 56 parking spots in the back of the properties. Every building has 2 washers and 2 dryers, storage areas. Majority of the units have been updated within the last 10-15 years with cabinets, bathrooms, carpets and doors. All buildings have rod iron fence. Tenants pay electric. Cap Rate of 12.89% One block from Metra, Bus stop. 10 mins from University of Chicago and Chicago State Univ. Walk score of 81! Majority are long term tenants from 10-25 YEARS PLUS! A MUST SEE!!!!

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

08-19-2016 Listed at $2,600,000
09-14-2016 Status changed to Under Contract
02-07-2017 Status changed to Closed
02-06-2017 Sold at $2,425,000
Last Modified 2/7/17 5:20 PM

Nearby Transportation

  • Bus 4 0.2 mi
  • Bus 87 0.4 mi
  • Bus 79 0.6 mi
  • Bus 3 0.7 mi
  • Bus 28 0.8 mi
  • Bus 30 0.9 mi
  • Bus 75 1.1 mi
  • Bus 95 1.2 mi
  • Bus 5 1.2 mi
  • Bus 29 1.2 mi
  • Bus 24 1.2 mi
  • Metra Electric 0.1 mi
  • I 90 East 1.2 mi
  • I 94 West 1.2 mi
  • I 94 East 1.3 mi
  • Hwy 57 2.3 mi
  • I 90 West 2.5 mi
  • Hwy 57 2.9 mi
  • I 90 East 4.8 mi
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