Property Info

Zetabid is pleased to present this one-of-a-kind 7 unit multi-family property for sealed bid auction. 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. Broker cooperation and pre-auction offers are welcome.

  • City : Chicago
  • State : IL
  • Zip Code : 60630
  • Property Type : Multi-family
  • Square Feet : 11079
  • Lot Size : .08 AC
  • Year Built : 1965
  • Annual Gross Rents : $127,344
  • Annual Expenses : $29,163
  • NOI : $98,181
  • Cap Rate* : 8.93%
  • Gross Rent Multiplier* : 8.64
  • Occupancy : 100%
  • Price/Unit* : $157,143
  • Unit Mix : (3) 3 Bed +1 Bath / (3) 2 Bed + 1 Bath / (1) 2 Bed + 1 Bath
  • Stories / Parking Spaces : 3 / 6
  • Zoning : RT-4
  • Parcel ID : 13-17-121-026-0000
  • *At the opening bid :
Status:Active
Starting Bid: $1,100,000
Auction Start: 08/12/2019 9:00 am
Auction End: 08/15/2019 4:00 pm
  • Time Zone :CST
D
H
M
S

Documents

Important Information

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

Auction Contact

Broker Contact