Property
6 more
Presented By: Pearson Realty Group
Front entrance 6 unit residential rental building located in HOT North Lawndale. Located just east of Pulaski Rd (CTA #53 bus), between Roosevelt Rd (CTA# 12 bus) and 16th St. 5 min west from Douglas Park - the home of the world renowned Riot Fest. This is also approximately 6 miles from the center of downtown Chicago, and only 7 short blocks to the light rail Pink Line stop at 20th and Pulaski. Great unit mix with three 3 bed/1 bath units, and three 2 bed/1 bath units. 5 of 6 units currently rented and the 6th should be rented shortly after the reno/cleanup is completed. Each unit has it's own gas forced air furnace. 2 large water tanks provide hot water for the building. Tenants pay their own gas and electric. There are also 2 deconstructed units in the basement which can be brought back to life with a complete renovation. There are 2 entrance/exits which can be used to access this area. Large parking pad in the rear of the building could provide extra income.
Presented By: Pearson Realty Group
Street SuffixAvenue
Total Fireplaces
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CountyCook
Days on Market6
DirectionsRoosevelt Rd E or W to Springfield Ave. S on Springfield to 1453
Electric Expense1200
Fuel Expense2280
Gross Income82560
Insurance Expense3500
Lot Size Square Feet6250
MLS AreaCHI - North Lawndale
MaintenanceExpense3600
Net Operating Income47311
Operating Expense26993
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Street NameSpringfield
Tax Annual Amount4953
Tax Year2022
Tenant PaysElectricity, Heat
Total Units6
Trash Expense1500
Water Sewer Expense4560
Year Built1910
ZoningMULTI
Lot Dimensions50X125
Real Estate Broker