Perfect Property For New And Experienced Investors! Don't miss out on this newly remodeled building that features 6 apartments and 8 retail/office storefronts equalling 15 income producing units. The 6 residential units are one 2bed/1bath, and five 1 bed/1bath. 5 apartment units have been renovated with individual gas forced heat and hot water heaters. 8 storefronts also have gas forced heat and central air. Tenant Pays cooking gas, heat, elec. Owner pays ins, tax, water. Conveniently located to Metra 79th St Station and Interstate. Walk into this deal with equity! Property located in a opportunity zone area so there are many city grants available. There is potential for more income once the 2 vacancies are filled. 2 apartments are vacant. There has been a ton of work and repair done due to the city of Chicago violations. There is still a few repairs and updates the new owner will need to take over which is why we are selling at a discount. please contact me if you have any questions.... we have started the process with attorney to challenge the taxes and get a reduction in yearly taxes.... Opportunity Zone and tons of Equity! buildings are selling for close to 1 million plus attached is the OM with the rent roll and comps

Listing Courtesy of MRED as distributed by MLS Grid of 5th Group Corp 773-888-7580



Based on information submitted to the MLS GRID as of 2024-05-02 10:05 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-05-02 10:05 PM UTC
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