Historical Multifamily Sale Listing - Ingleside Manor PRICE REDUCED! Short Sale

Multifamily For Sale

This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Multifamily For Sale,

Ingleside Manor PRICE REDUCED! Short Sale

932-44 E 79th St., Chicago, IL 60619

N/A

18 Units | Multifamily

  • Print

Multifamily Property - Off Market

Price:
N/A
No. Units:
18
Building Size:
19,500 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Additional Sub-types:
Retail (Other)
Property Use Type:
Investment
Cap Rate:
26%
Occupancy:
60%
No. Stories:
3
Year Built:
1927
Listing ID
17968570
Last Updated
over 1 year ago

Highlights

  • Short sale opprotunity off original $815,000 note.
  • Over $13,000 gross potential rent equals over 26% cap rate
  • All good paying tenants.
  • Excellent 10% current cap rate

Description

Short Sale off Bank note for $815,000. Bring your offer.
MIXED USE. Building has 3 floors, 12 apartments (6 on 2nd floor and 6 on 3rd floor) and 6 stores (2 spaces are doubled together so 5 rentable). 10-2br (4 of which are 2br 2ba) and 2-1br. Building has had complete renovation including, electrical, plumbing, windows, roof, bathrooms, kitchens, hot water, tenant heat forced air, steel fire escape, tuck pointing, store fronts. Building is currently running lower occupancy then usual. Has excellent cash flow opportunity at lease up of over to $8,000 per month.

Chicago south side Grand Crossing neighborhood. Directly on 79th St. with excellent foot traffic and transportation options.

Map of 932-44 E 79th St., Chicago, IL 60619 (Cook County)

Research for 932-44 E 79th St., Chicago, IL 60619 (Cook County)

  • Demographics – Population, income & other demographics near 932-44 E 79th St.
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

Similar Listings

Value Add - 10 Unit Mix... Value Add - 10 Unit Mix...
  • Chicago, IL
  • $300,000
  • 15,200 SF Bldg
2 Photos
1308 N Lasalle
1308 N Lasalle
  • Chicago, IL
  • $1,375,000
  • 14,400 SF Bldg
18 Photos
22 unit full rented 15 ...
22 unit full rented 15 ...
  • Chicago, IL
  • $705,000
  • 19,500 SF Bldg
9 Photos
Hyde Park 24 Unit Turn ...
Hyde Park 24 Unit Turn ...
  • Chicago, IL
  • $1,995,000
  • 16,169 SF Bldg
Luella Property Luella Property
  • Chicago, IL
  • $299,999
  • 15,030 SF Bldg
2 Photos
Historic Hyde Park 40 U...
Historic Hyde Park 40 U...
  • Chicago, IL
  • $2,149,000
  • 24,000 SF Bldg
4 Photos
Mixed-Use Property - Un...
Mixed-Use Property - Un...
  • Chicago, IL
  • $425,000
  • 20,000 SF Bldg
5 Photos
7237 S. Bennett Ave.
7237 S. Bennett Ave.
  • Chicago, IL
  • $1,250,000
  • 18,924 SF Bldg
3638 W. Douglas Blvd. 3638 W. Douglas Blvd.
  • Chicago, IL
  • $1,290,000
  • 16,800 SF Bldg
4900 W. Jackson Blvd. 4900 W. Jackson Blvd.
  • Chicago, IL
  • $1,550,000
  • 23,200 SF Bldg
3 Photos
130-38 N. Leamington Av...
130-38 N. Leamington Av...
  • Chicago, IL
  • $1,100,000
  • 16,800 SF Bldg
5 Photos
47 Unit, Bank-Owned Mul...
47 Unit, Bank-Owned Mul...
  • Chicago, IL
  • $819,900
  • 25,000 SF Bldg
6 Photos
North Hotel
North Hotel
  • Chicago, IL
  • $1,830,000
  • 18,500 SF Bldg
Multi-Family Redevelopm... Multi-Family Redevelopm...
  • Chicago, IL
  • $150,000
  • 24,608 SF Bldg
           
Created 1/7/2013