ATTENTION REHABBERS/INVESTORS!GREAT INVESTMENT OPPORTUNITY, 6 UNIT APARTMENT BUILDING. A TRUE HANDYMAN SPECIAL OFFERED AT AN UNBEATABLE PRICE. THIS HOME IS CORPORATE OWNED WITH A MOTIVATED SELLER. THIS IS NOT A BANK SHORT SALE OR FORECLOSURE. GREAT OPPORTUNITY FOR RESTORATION AT THIS PRICE. VACANT AND EASY TO SHOW. PLEASE INSPECT PRIOR TO SUBMITTING AN OFFER SINCE WE ARE SELLING "AS-IS". PLEASE NOTE: NO TAX PRORATIONS ARE OFFERED, ALL CURRENT TAX IS PAID BUT NO CREDIT FOR FUTURE BILLS. NO SURVEY. FOR FASTER RESPONSE PLEASE USE SELLERS CONTRACT, ADDENDUM AND DISCLOSURES UNDER ADDITIONAL DOCUMENTS. AGENT HAS AN OWNERSHIP INTEREST IN THE PROPERTY
Vincennes village! This 24 unit building with an onsite management office space is ready for rehab. Layouts are: 12- 2 bedroom 1 bath, and 12 huge 1 Bedroom 1 bath apartments. The building also has an interior community courtyard. The building sits on a block of its own and the sale include THE ENTIRE BLOCK (includes land to the south of the building), with units and addresses on Vincennes, Wentworth, and 72nd st. REO Sale - extensive rehab needed - additionally, nearby building at 7157 S Yale can be purchased with this building.
GREAT INVESTMENT !! DON'T MISS OUT ON THIS GREAT BUY! BRICK 6 UNIT BUILDING FULLY OCCUPIED. Property sold AS-IS
6915 S. Peoria is a 5-unit apartment building located in Chicago's up & coming Englewood neighborhood. Presently, this asset is grossly under-leased with 3 MTM tenancies, but has tremendous upside potential. The stabilized pro-forma cap rate (with CHAC tenants) is 30; 20 with market rate tenants and its composed of 5 HUGE apartments (2 x 3/2s, 2 x 4/2s & 1 x 5/2). Light tune-up is required in 2 units. Hungry? Sustenance at Aldi & Whole Foods are just 3 & 4 minutes away respectively. Need to get back to the office? The CTA's Halsted Green Line stop is 2 minutes from your front door. Need to get out of Dodge? The Dan Ryan Expressway is a 4-minute drive due East. 16th Ward Alderman Stephanie Coleman runs the show. Information deemed reliable, but not guaranteed. Use diligence. Please note: Interior photos are from units 3F (move-in ready) and 2F (needs 50 per cent cosmetic completion) Units 2/3R Duplex, 1F Duplex and 1R Duplex need overall cosmetic upgrades throughout.
RARELY AVAILABLE SIX UNIT! Take a look at this cash cow! Six unit building, three units offer two bed one bathroom apartments and the other three offer three bedroom one bathroom apartments. Additional space behind and to the side of the building allows for a great amount of parking space along with a massive basement underneath the building.
Beautiful, large, and very well-maintained. Massive, elegant, high quality, with old charm and character 12-unit masonry building. Across from Englewood STEM High School.Easy access to I-94 and the CTA Red Line, CTA on 69St Street. Tuckpoint and the red bricks are in good condition. Spacious entrances, good-sized apartments with lots of windows and natural light. Hardwood floors throughout. All the apartments include fully equipped kitchens with stoves and refrigerators. Three of the apartments are newly remodeled. Schedule your tour today. Good investment. Building Being Sold As-Is - No City violations or Liens. The Selling Agent must accompany all showings.
Pleased to present the multifamily property and land parcel located at 6919-25 S. Yale Ave. in the vibrant Greater Grand Cross neighborhood of Chicago. This investment opportunity, located in Chicago's growing Greater Grand Crossing neighborhood, consists of a six-unit multifamily property and an additional 4,389 square foot land parcel, both offered at a competitive price of $550,000. The multifamily property comprises (2) three-bedroom, one-bathroom units and (4) two-bedroom, one-bathroom units, providing a diverse mix that appeals to families and professionals alike. The current net operating income (NOI) is $55,505, generating a robust cap rate of 10.09%. With potential value-add improvements and rent increases, the pro forma NOI is projected to reach $62,715 increasing the cap rate to a strong 11.40%. The property benefits from its location in Greater Grand Crossing, a neighborhood experiencing revitalization and increased demand for rental housing. With close proximity to public transportation, schools, parks, and local amenities, it offers tenants a desirable living environment while ensuring high occupancy and stable rental income for investors. The larger units cater to families seeking spacious accommodations, which can result in longer-term tenancy and reduced turnover. One of the standout features of this investment is the included 4,389 square foot land parcel, which provides additional flexibility and growth potential. Investors can explore various development options, such as constructing additional residential units, creating parking or green space, or pursuing commercial development, depending on zoning and market demand. This land parcel adds substantial long-term value to the investment, offering opportunities for further income generation or capital appreciation through development. The current cap rate of 10.09% offers immediate cash flow, and with strategic management, the property's income can be further enhanced. Rent increases, unit upgrades, and operational improvements can drive up the NOI, boosting profitability and return on investment. Additionally, the property's location in a growing neighborhood positions it for future appreciation as the area continues to develop. In summary, this investment opportunity offers a combination of immediate income, value-add potential, and development upside with the included land parcel. At a purchase price of $550,000, the property is attractively priced for investors seeking strong returns, stable cash flow, and long-term growth potential. With the potential to increase rents, enhance property value, and capitalize on the land's development possibilities, 6919 - 25 S. Yale Ave. presents a highly compelling opportunity in Chicago's evolving multifamily market.
13,130 square foot RBA industrial property with a total of 9 buildings including a 2 flat, office and 2 apartments, 2 car garage and an apartment, 5 warehouses with one warehouse including an apartment, 2 car garage with yard space, 2 car garage and in addition 16 storage spaces including 10 containers and 6 storage bins. Property has a coal trestle that can be disassembled and moved to a new location or sold to another user. Updated lighting includes energy efficient LED. Truck scale conveys with the property. Radiant heat flooring in rear building. All leases are MTM which allows the flexibility for the new owner to suit his business needs. Great opportunity that doesn't come along very often.
. GREAT INVESTMENT !! DON'T MISS OUT ON THIS GREAT BUY! BRICK 6 UNIT BUILDING WITH FULL BASEMENT. ALL RENTABLE UNITS! UP AND COMING AREA!! BUILT IN EQUITY. ROOM SIZES & LOT SIZE ARE ESTIMATED.
This investment opportunity holds substantial potential for commercial investors. The property has two retail spaces on 75th St., both currently leased. The first unit of the building is a grocery store, while the second is a youth center. Together, they bring in a monthly income of $6,200. The unit leased a youth center that includes a fenced lot and a large backyard for parking or recreational activities, and it also provides convenient parking options. Any aspiring entrepreneur can seize this opportunity to gain recognition. We suggest seeing the property in person to grasp its potential, make your business dreams concrete, and turn them into reality! Take advantage of the opportunity to see the potential with your own eyes!
Welcome to this solid brick 6 unit, this building has 6 two bedroom apts. This property offers a unique investment opportunity to contribute to the revitalization of Englewood. Property is also located in TIF district.
A unique architectural gem nestled in a bustling Opportunity Zone. Located in the newly remodeled St. Bernard Hospital campus, this exquisitely remodeled vintage property has it all- curb appeal, totally renovated units with washer/dryers. A/C, high end baths & kitchens , hardwood floors. The top 2 units are duplexed with 3 bd, 2 bath floor plans. This building works financially : low taxes, ALL tenant paid utilities, excellent GRM and a great city location.
ATTENTION INVESTORS AND DEVELOPERS ! Presenting an exceptional value-add opportunity in this promising 6-unit building. This property offers substantial potential with ample space in the basement, providing the flexibility to either duplex down from the first floor or create 2 additional units. Whether you envision spacious 3-bedroom units or 2-bedroom units with dining rooms, the choice is yours. The property has already been demo'd and framed, setting the stage for your vision to come to life. Don't miss this chance to capitalize on a unique investment that promises excellent returns. Act now and transform this building into a premier asset in your portfolio!
All brick 6 flat in the booming Englewood community! All units are 3 bedroom, 1 bath apartments. Minutes from the Dan Ryan, this property boast individual heating and updated kitchen and baths throughout. This property has been well kept and is ready for its next investor or owner occupant. Building has a 12% cap rate with below market rent. Stop by today! Property is being sold As-Is.
7157 S Yale Ave is a 12-unit building in Chicago's southwest Englewood neighborhood. This building has a unit mix of 6 large one bed/one bath units (easily converted to 2 bedrooms), 3 two bed/one bath units, and 3 one bed,one bath units, varying in sq ft and projected market rent. This REO property will require rehab but is a solid building. Built in 1905 and boasting 11,181 sq ft of space, 7157 S Yale Ave offers a unique investment opportunity to contribute to the revitalization of Englewood. Property is also located in TIF district. Can be sold with 7200 S Vincennes.
This address 312, and 314 are sold together and zoned B3-2, this site stands as a prime candidate for a dynamic Mixed-Use development project. Situated in the heart of Greater Grand Crossing, this property enjoys exceptional visibility and accessibility, primed for a development that aligns with the area's growing demand. 310 W 75th, a former retail shop, and 312 W 75th, previously home to a BBQ restaurant and a longstanding barbershop, offer a wealth of possibilities. Nestled behind the commercial storefronts, 314 W 75th presents a solid brick, two-unit Multi-Family building. The first floor features a comfortable 1 bedroom, 1 bath layout, while the second floor offers a spacious 2 bedroom, 1 bath unit complete with an attic. For seasoned Real Estate Developers, this property qualifies for the coveted SBIF Grant, along with other City-led initiatives, providing a compelling financial edge to the project. Bring in your Contractor, as this property invites an extensive renovation to unlock its full potential and capitalize on this remarkable investment. Don't let this get away. Call today!!!
6 unit Brick multi-family building & adjacent FULL parcel Parking Lot
MIXED USE PROPERTY LOCATED IN UP AND COMING ENGLEWOOD. THIS PROPERTY IS CENTRALLY LOCATED CLOSE TO THE EXPRESSWAY, MIDWAY AIRPORT, AND TONS OF NEW DEVELOPMENT. THIS IS A CCLB PROPERTY BUYERS MUST APPLY DIRECTLY ON CCLB WEBSITE. PER CCLB GUIDELINES BUYERS MUST BE LOCAL.
The median home value in Chicago, IL is $284,100. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Chicago, IL is $284,100. Approximately 40.54% of Chicago homes are owned, compared to 48.29% rented, while 11.17% are vacant. Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicago real estate agent to arrange a tour today!
Chicago, Illinois 60621 has a population of 2,742,119. Chicago 60621 is less family-centric than the surrounding county with 24.86% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Chicago, Illinois 60621 is $65,781. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Chicago 60621 is 35.1 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 38.2 inches per year, with 35.1 inches of snow per year.