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1256 S Independence Boulevard Chicago, IL 60623

$2,249,000
New / MLS# 12687697 / Multi Unit - Multiple / Chicago
0 Beds

Rehabbed, Fully Rented, and Completely Turnkey with Property Manager on the premises. 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.

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Baird & Warner Chenge Chando Agent Cell: 312.730.7081 Email

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Estimated Payment

$ 7,716.57 per month $4,997.78 Principal & Interest $2,062.83 Property Tax $655.96 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Lot Size: 0.20 Acres
Stories: 3.0
Taxes: $24,754
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

Location

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Listing Office: Fulton Grace Realty

Listing Office Phone: 773-698-6648



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