Excellent Investment Opportunity, Legal 6-Unit , Corner Lot-Extra Wide 30x125 w/ Center Entrance. 100% leased with Annual Gross Income over $115,000 & NOI of $97,000, selling at over a 7% cap rate with tons of upside on current rent amounts. Oversized apartments btwn 1400-2400 sqft, 4 of 6 units recently rehabbed with hardwood floors, new kitchens and baths. Building unit mix (1) 4 bd/ 2 bt duplex down, (1) 3 bd/ 2 bt duplex down, (4) 2 bd / 1bt. Well maintained building with newer roof and back porch, Full Masonry TuckPointing & Sealing recently completed, brand new front slabbed entrance. Coin laundry in basement for add monthly income. Rent-Roll & Financials in Add Documents tab. 48hr notice for all showings, 100% tenant occupied.
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For more information about 901 N Francisco, Chicago, IL 60622 contact Corcoran Urban Real Estate.
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