1439 S Saint Louis Ave - Apartments FOR SALE


Chicago, IL 60623- South Chicago
$799,500 USD
773-237-8888
1439 S Saint Louis Ave, Chicago, IL for Sale
$799,500 USD
Apartments - FOR SALE
1/24
null | 13.04% Cap Rate

1439 S Saint Louis Ave
Chicago, IL 60623
South Chicago


HIGHLIGHTS

  • Property rents exceptionally well 100% occupancy

OVERVIEW

Immaculately Constructed 6-Unit Multi-Family Greystone Building, Complete Rebuild in 2017, 2 of the 6 units are duplex on the 1st floor on a deep lot, Condo like Grade units. All Units Work Done 2017: Roof, Windows DC, tuckpointing, concrete word, HVAC, Plumbing, Electric, Hardwood Throughout, Custom Kitchens & Baths, wooded Frame Back Deck w/ all steel screen doors, Sound Proofing Between Unit Floors, Wired for Sound, ceramic Floor in Bottom Level. Each unit has their own utility's on the same floor All Units Currently Rented. This property will appeal to investors ($9000/mth income) call for more info. Current rent is a lot lower than what the local market suggests a minimum of $200 per unit can be implemented.

FOR SALE DETAILS

PRICE

$799,500 USD

PRICE/SF

$121 USD /SF

# OF UNITS

6

PRICE/UNIT

$133,250

CAP RATE

13.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1905

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R3

APN/PARCEL ID

16-23-216-011-0000

ASK ABOUT THIS PROPERTY

John SzurzynskiExecutive Home RealtyMore Info
773-237-8888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

John SzurzynskiExecutive Home RealtyMore Info
773-237-8888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.