$650,000
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740 E 82nd ST Chicago, IL 60619
5,662 Sqft Lot
Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10553733
Sold Date 02/28/20
Maintenance Fees $4,000
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
Area Chi - Chatham
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Building
Structure Type Brick
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Carleen Lewis of eXp Realty, LLC
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