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!!!!
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For more information about 8326-52 S Ellis, Chicago, IL 60619 contact Corcoran Urban Real Estate.
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