Accepting Post Auction Offers | 7 Unit Apartment Building | Chicago, Il

Property Info

Zetabid is now accepting post auction offers on this 7 unit multi-family assets. The building is 100% occupied and all units are individually metered, duplexed both up & down all three levels and the 2 bedrooms units have a bonus family room (3rd bedroom potential). Over $250,000 in recent renovations to all units including a new roof in 2017 and a new front porch in 2016. Possible additional upside for condo conversion. Visit zetabid.com and our Due Diligence Vault for rent rolls, financials and other important information.

  • City : Chicago
  • State : IL
  • Zip Code : 60630
  • Property Type : Multi-family
  • Square Feet : 10000
  • Lot Size : .08 AC
  • Year Built : 1965
  • Occupancy : 100%
  • Annual Gross Rents : $127,344
  • Annual Expenses : $32,788
  • NOI : $94,655
  • Cap Rate : 6.79%
  • GRM : 10.95
  • Price/Unit : $199,286
  • Unit Mix : (3) 3 Bed +1.5 Bath / (3) 2 Bed + 1.5 Bath / (1) 2 Bed + 1 Bath
  • Stories / Parking Spaces : 3 / 6
  • Zoning : RT-4
  • Parcel ID : 13-17-121-026-0000
Status:Active
Starting Bid: $1,395,000
  • Buy Now Price :$1,395,000
  • Time Zone :CST

Important Information

  • Buyers Premium :3%
  • Broker Coop :2%
  • Financing :No
  • Inspection Contingency :Yes
  • Showings :Call Eric Koesterer @ 818.426.2660

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Broker Contact