MLS #: 10510125
City: CHICAGO ZIP: 60657
Built In: 1894
Lot Size: L
Lot Dimensions: 25 X 125
# of Units: 3
Unit 1 Floor 1: 2 bedrooms 1 baths $1570
Unit 2 Floor 2: 2 bedrooms 1 baths $1580
Unit 3 Floor 3: 2 bedrooms 1 baths $1590
Gross Income $58,980
Net Op. Income $44,116
ROSCOE VILLAGE BRICK 3-FLAT in a great location just 3 blocks from the very heart of Roscoe Street Shops & Restaurants & 3 blocks from the Brown Line "L," X-Sport Fitness and Whole Foods as well. Beautiful, updated & well-maintained building on a quiet, tree-lined street in a very easy to rent location! Thermal pane windows, separate gas forced-air heat and central air conditioning for each apartment with tenants paying their own gas and electric bills. Building is comprised of three 2BR, 1BTH units and was gut rehabbed in 2000. New roof was installed in 2011. It also has a large 2-car garage with storage as well with additional income from garage rental and coin laundry for total revenue of just under $60K per year. Great investment opportunity with room for increased rents especially with cosmetic improvements. Perfect location, convenient to everything and a highly desirable and easy-to-rent neighborhood make this property a great opportunity for your long-term investment.
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