4813 Armitage Avenue

    Chicago, IL 60639
    • $380,000
    • STATUS: Active
    • ON SITE: 250 days
    • MLS #: 10020507
    UPDATED: 117 min ago
    $380,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1913
    County:

    School Ratings & Info

    Description

    Fully Rented with an NOI of $42642 & Cap Rate is at 11.22%. All brick mixed use building located approximate 200' to Cicero, & walking distance to Grand/Cicero Metra. Techspot has a lease until 12/20, 1R (rear apartment behind Techspot) has 2 bedrooms/1 bath. Second floor features one front and one rear apartments; both apartments have 2 bedrooms/1 bath. Finished basement has 1 bedroom/1 bath. Four residential apartments are on month-to-month tenancies, good long term tenants. All separate entrances. Hardwood floors, Skylight, 9' ceilings... All 5 brand new central heating units, newer roof & tuck-pointing. 5 gas meters, 5 electric meters. Owner pays electric, gas for the basement, & water for the whole building. 2 Detached Car Garage are renting for $200/month.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Touchstone Group. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Touchstone Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2019-03-24T23:50:24.05.

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    www.tsgre.com/homes/85685846

    4813 Armitage Avenue Chicago, IL 60639

    • Price: $380,000
    • Status: Active
    • Updated: 117 min ago
    • MLS #: 10020507
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1913
    Built
    Neighborhood:
    Chi - Belmont Cragin
    County:
    Cook
    Area:
    Chi - Belmont Cragin
    Property Description
    Fully Rented with an NOI of $42642 & Cap Rate is at 11.22%. All brick mixed use building located approximate 200' to Cicero, & walking distance to Grand/Cicero Metra. Techspot has a lease until 12/20, 1R (rear apartment behind Techspot) has 2 bedrooms/1 bath. Second floor features one front and one rear apartments; both apartments have 2 bedrooms/1 bath. Finished basement has 1 bedroom/1 bath. Four residential apartments are on month-to-month tenancies, good long term tenants. All separate entrances. Hardwood floors, Skylight, 9' ceilings... All 5 brand new central heating units, newer roof & tuck-pointing. 5 gas meters, 5 electric meters. Owner pays electric, gas for the basement, & water for the whole building. 2 Detached Car Garage are renting for $200/month.
    Exterior Features

    Construction Brick Foundation BlockBrick Frontage Access City Street Location Mixed Use Area Lot Dimensions 25X125 Lot Sq Ft 3125 Number Of Parking Spaces 2 Roof Coverings Rubber Roof Structure Flat

    Interior Features

    Air Conditioning Central Individual Floor Finish VinylOther Miscellaneous Inside Storage Inside Number Of Apts 4 Number Of Dryers 1 Number Of Offices 0 Number Of Ranges 4 Number Of Refrigs 4 Number Of Stores 1 Number Of Stories 2 Number Of Washers 1

    Property Features

    Age Older Built Before1978 YN Yes Current Use CommercialOther Electric Expense Source Actual Electrical Service 0-100 Amps Electricity Expense 543 Estimated Cam SF 0 Expense Year 2018 Exterior Building Type Brick Fuel Expense 1279 Fuel Expense Source Actual Geographic Locale Chicago West Green Supporting Documents No Gross Rental Income Amount 4200 Heat Ventilation Central Bldg Heat Insurance Expense 1873 Insurance Expense Source Actual Lease Type Gross Miscellaneous Outside Security Gate Net Oper Income Amount 42642 Net Operating Income Year 2018 Number Of Tenants 5 Other Expense Source Actual Other Expenses 0 Owners Assoc YN No Potential Use CommercialResidential-Multi-FamilyRetailSpecial UseOther Rental Price 184 Tax Year 2016 Taxes 4727 Tenant Pays ElectricHeatVaries By Tenant Total Annual Exp 10158 Total Annual Expense Source Actual Total Annual Income 52800 Total Monthly Income 4400 Township Jefferson Unincorporated YN No Utilities To Site Gas To SiteSanitary Sewer To SiteWater-Community Washer Dryer Lsd YN No Water Drainage None Water Expense 1262 Water Expense Source Actual Zoning Type Multi

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Dream Town Realty.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Touchstone Group. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Touchstone Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2019-03-24T23:50:24.05.

    Digital Millennium Copyright Act
     
    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647