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7100 S Union Avenue

Chicago, IL 60621
  • $750,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 11482387
$750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1907
County:

School Ratings & Info

Description

Huge value add building with great unit mix in Englewood on corner lot. 14 total units with 5 units currently vacant, units that are rented are below market rent. New buyer can update empty units to reach market rents and transition occupied units as they become available, cosmetic interior upgrades will be needed to fetch higher rents. Boiler 4 years old, a section of the roof was rebuilt other areas are silver-coated as needed, and fairly new hot water heater.

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© 2022 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 MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2022-08-14T23:58:31.683 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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.

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7100 S Union Avenue Chicago, IL 60621

  • Price: $750,000
  • Status: Active
  • On Site: 11 Days
  • MLS #: 11482387
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1907
Built
Neighborhood:
Chi - Englewood
County:
Cook
Area:
Chi - Englewood
Property Description
Huge value add building with great unit mix in Englewood on corner lot. 14 total units with 5 units currently vacant, units that are rented are below market rent. New buyer can update empty units to reach market rents and transition occupied units as they become available, cosmetic interior upgrades will be needed to fetch higher rents. Boiler 4 years old, a section of the roof was rebuilt other areas are silver-coated as needed, and fairly new hot water heater.
Exterior Features

Parking Total 0

Interior Features

Heat Ventilation Central Bldg Heat

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Gross Income 91680 Gross Scheduled Income 91680 Insurance Expense 11358 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 39866 Operating Expense 51814 Tax Annual Amount 15256 Tax Year 2020 Tenant Pays Electricity Total Monthly Income 7640 Type Multi Family 5+

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Root Realty, Inc..


© 2022 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 MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2022-08-14T23:58:31.683 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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.

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