BEDS0
BATHS
MLS#12687697
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Rehabbed, Fully Rented, and Completely Turnkey with Property Manager on the premises. No Seller Financing. All tenants are current and listed at a 9.2 CAP. This is a fantastic opportunity to acquire a rehabbed building located on Independence Boulevard right in the up-and-coming neighborhood of North Lawndale. This 18-unit building offers a great unit mix of 2,3 and 4-bedroom units. The building has 12 units of 2BR/1BA, 3 units of 3BR/1BA and 3 units of 4BR/1BA. The basement has a coin laundry room with 3 washers and 3 dryers. Security cameras have been installed around the building. Each unit has its own gas meter, water heater, and electric meter. The current monthly rent roll is $24,678. Sold AS-IS.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.20 Acres
Stories: 3.0
Taxes: $17,301
Year Built: 1909
Feature Descriptions
HVAC: Central Bldg Heat, Central Heat/Indiv Controls, Gas
Lot Dimensions: 56X158
Parcel#: 16231030330000
Tenant Pays: Air Conditioning, Electricity, Heat
Units: 18
Listed By / Shown By
Listed By
Agency Name: Fulton Grace Realty
Agency Phone: 773-698-6648
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimate Your Payment
Estimated Payment
$ 12,313.37 per month $10,215.66 Principal & Interest $1,441.75 Property Tax $655.96 Homeowner's Insurance
1256 S Independence Boulevard | MLS# 12687697
This multi-family property located at 1256 S Independence Boulevard, Chicago, IL 60623 is currently listed for sale with an asking price of $2,249,000. Search Chicago real estate on www.gogambino.com today.