$500,000


9 Bed, 0 Bath, Approx - Sq Ft


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Fantastic income building with 4 rentals in an attractive Chicago location with its own private parking lot in the back of the building. The 2 units on 2nd floor each have large kitchen, family room, 2 bedrooms, 1 bath large units. Each unit except the 1st floor is electric heat paid by the Tenants. The 1st floor has 4 bedrooms, 2 full baths, large kitchen and family room. Lower level has 1 bed, 1 bath garden apartment., Nice clean storage area along with coin laundry room with WASHER and DRYER. The garden level storage room is approved by the village of Chicago Ridge and is converted into an attractive studio apartment with front and back area entrances, giving increased income. Expenses and income-Gas - $110/month,$1,320/yr; Water - $225/month,$2700/yr; Electric -paid by tenants, owner pays electric for washer/dryer & security lights($30.00/month,$360/yr); Lawn and snow plow done by owner. Insurance - $153/month, $1836/yr; Garbage - $100/month, $1,200/yr. Washer/dryer income - average $100/month, $1200/yr. Rental income - $4795/month, $57,540/yr. 1st floor furnace is in the unit bathroom closet.

Status: CLSD


Partner Agent

Tom Brown

Phone: 312-502-8213

Email: tb@sparrowrealty.us




Assigned Schools:
School Low Grade High Grade SchoolSparrow Score
H L Richards High Sch(Campus) 9 12 3
Ridge Lawn Elementary School PK 5 1
Delta Learning Center 9 12 1
Elden D Finley Jr High School 6 8 2

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