$325,000
PENDING

Estimated payment $2,487/month

Total Views 326
17 Beds
7 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

INVESTORS DREAM BUY!!! Ideal building for opportunity zone investing! This is a in the heart of Englewood one of the fastest trending investment opportunity area close to several CTA ROUTES, SHOPPING EXPRESSWAYS AND SCHOOLS! zoned R-10 with 8 Units Framed out to accommodate 4 3BEDROOMS AND 4 2BEDROOMS UNITS. BONES OF THE BUILDING IN GREAT SHAPE. This building is equipped with 2 car garage, 2 basement areas that can be easily converted to apartments. Do not wait start your portfolio building today with this magnificent building with motivated sellers.

Listing Agent

Aji Ojo

Coldwell Banker Realty License #475191870 Listed on: 04/15/2024

Coldwell Banker Realty

Co-Listing Agent

Natalie Peralta

Coldwell Banker Realty License #475184322

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,488

Year Built

  • Built in 1927

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 7 Bathrooms

Additional Features

  • 2-Story Property
  • 4,600 Acre Lot
  • Separate Meters

Community Details

Overview

  • 10 Units

Building Details

  • Electric Expense $650
  • Fuel Expense $6,500
  • Insurance Expense $3,800
  • Maintenance Expense $12,000
  • Other Expense $2,000
  • Trash Expense $1,233
  • Water Sewer Expense $5,500
  • Operating Expense $35,000
  • Gross Income $12,400
  • Net Operating Income $113,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,488

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1927
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany,Short Notice OK
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 17
  • Room: 4
  • Room: 4
  • Room: 4

Exterior Features

  • List Price: 325000

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Heat/Ventilation: Separate Per Unit

Fee Information

  • Trash Expense: 1233
  • Water Sewer Expenses: 5500
  • Janitor Expense: 6000

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 4600
  • Lot Dimensions: 0.22
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 113800
  • Fuel Expense: 6500
  • Insurance Expense: 3800
  • ElectricExpense: 650
  • GrossIncome: 12400
  • Maintenance Expense: 12000
  • NumberOfUnitsTotal: 10
  • OperatingExpense: 35000
  • Expense Year: 2018
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 8488.29
  • Tax Year: 2022

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Pending -- -- --
04/15/2024 04/15/24 Off Market $325,000 -- --
04/15/2024 04/15/24 For Sale $325,000 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12025887

Midwest Real Estate Data (MRED)

APN: 20203120010000