$465,000
21 Bed, 0 Bath, Approx - Sq Ft
2007 gut-renovated, 4-unit former condo building in hot East Garfield Park! Excellent cash flow opportunity for investor or owner-occupant. Three 6 bed / 2 bath units in front building plus full unfinished basement and one 3 bed / 1.5 bath duplex coach house. All units rented at under market value. Copper plumbing, updated electric, individual gas-forced heat, individual hot water tanks, and in-unit laundry hookups. One current vacancy on 3rd floor which standard unit turn (paint & carpet). See attached or request offering memorandum for full financials. 11% cap rate based on in-place income; 12.4% cap rate based on conservative pro forma rental rates.
Status: CTG
Partner Agent
Phone: 312-502-8213
Email: tb@sparrowrealty.us
School | Low Grade | High Grade | SchoolSparrow Score | Marshall Metropolitan High School | 9 | 12 | C | Faraday Elem School | PK | 8 | 1 |
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