$ 650,000
7552 S Lafayette Avenue Chicago, IL 60620
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 650,000
Est. payment /mo
Active Under Contract
7552 S Lafayette Avenue Chicago, IL 60620
UPDATED:
11/07/2024 12:34 AM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12064703
Year Built 1927
Annual Tax Amount $7,801
Tax Year 2022
Lot Dimensions 99' X 80'
Property Description
9.9% Cap Rate. $98,928 Annual Gross Income. Individual Furnaces. Property is a ten (10) unit, walk-up apartment building located in the Park Manor neighborhood of Chicago. The property is located less than one block away from the I-94 Express, which provides tenants a quick and easy access for transportation. With a unit mix, eight 1bd/1ba units and two 0Bd/1Ba studios await your investment plans. All of the units are equipped with hardwood flooring throughout and each contain individual heat and gas. Property is being sold As-Is.
Location
State IL
County Cook
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
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Listed by Kaela Wright • Hunter's Realty, Inc.