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Main Category: IL Illinois > Residential
  1 Large store with 3 apartment Units Item ID: 100354  
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1 Large store with 3 apartment Units

for USD 215,000.00
[ Convert ]
Price USD 215,000.00
Quantity 1
Listed On Jun. 06, 2016 20:31:46
Duration Unlimited
Status Open
Poster Information
SamA38671 (0) GMSG_VERIFIED_SELLER
Registered since Jul. 16, 2013
in United States
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Description
Multi Use: 1 Large store ft/ 3 apartment Units
Store ft 1,800 SF / 1@3BR, 1@2BR, 1@ 1BR
Address: 1861 W 95th St Chicago 60643
Living space : 2,800 SF
Neighborhood: Beverley Parking: In Back
Brick/stone building In Charming Beverley area across ST from Metra
train, requires replacing carpets cosmetic repairs. And painting. Individual
heating and AC in each unit Not another building like this Nearby schools,
shopping, public transportation and parks. Property and homes around
this building sold for $350-400k. This building was originally owned by a
musician and store front was the business. 3 Apartment housed musicians.

Purchase Price: $215,000 (Have property Mgr in place)
Rehab/Upgrades: $50,000 (Contractor ready to start)
Comps in area up to $350-400K
Revenue: $63,000 (These apts will go quickly
Expenses: $12,190
NOI: $50,800
CAP RATE: 18.8%
The property is ready to close with clear Title
Requires $2K EM ASAP (wiring instructions available)


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1 Large store with 3 apartment Units
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The poster, SamA38671, assumes all responsibility for the contents of this listing

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