$705,000
$725,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 06/02/2023
Key Details
Sold Price $705,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11738066
Sold Date 06/02/23
Year Built 1970
Annual Tax Amount $13,382
Tax Year 2021
Lot Dimensions LESS THAN .25 ACRES
Property Description
Meticulously maintained 6-unit brick apartment building in Alsip, IL. This building contains (3) 2-beds and (3) 1-bedroom units with a gross income of $81,900. 5 out of the 6 units have been updated and new windows have been installed. Value add opportunity for a new investor to come in and raise rents to market rate, monetize the parking/garage spaces and shift gas and electric utility expenses to tenants. The building has been well maintained over the years both on the interior and exterior and is an excellent buy for a proactive investor.
Location
State IL
County Cook
Interior
Fireplace N
Exterior
View Y/N true
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Bought with Elia Pinto • Harthside Realtors, Inc.
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Agent | License ID: 475197907