Bought with Carleen Lewis of eXp Realty, LLC
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740 E 82nd ST Chicago, IL 60619
5,662 Sqft Lot
Key Details
Sold Price -
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10553733
Sold Date -
Year Built 1925
Annual Tax Amount $10,010
Tax Year 2018
Lot Size 5,662 Sqft
Lot Dimensions 5619 SF
Property Sub-Type Multi Family 5+
Property Description
Opportunity to purchase 10 units in Chatham with individually heated GFA furnaces and all two bedroom units. New windows in last 2 years. Very well maintained property with ability to raise rents. Current CAP 8.4% with room to move to a 10% CAP. The subject property is just blocks from major retail and shopping corridor on 79th street. New investor should have opportunity to raise rents $100 per unit to get rents toward average rents in the area. Stabilized building with plenty of room to grow!
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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