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31 UNIT APARTMENT BUILDING. BIG$$MAKER.WELL KEPT
10920 S. Vernon, Chicago, IL 60628
N/A
31
16,324 SF
Multifamily
Garden/Low-Rise
Investment
7.50%
7.90
90%
3
1926
15,300 SF
-
Last Verified 7/21/2009
Listing ID 16250162
Highlights
REAL ESTATE TAXES $17,700 yearl
DISPOSAL SERVICES $2,900 year PUBLIC LIGHTING $500 year
WATER BILL $3,500 year MANAGEMENT FEES $18,600
PEOPLES GAS $28,000 year
INSURANCE $10,000 year
TOTAL ANNUAL EXPENSES =$84,000 INCOME $ 134,890
Description
31 Unit Solid brick court yard building. Recently rehabbed with new windows, porches and boiler. Well maintained and secure building, with many updated apartments. 25 - 1 bedroom and 6 - 2 bedroom. tenants pay for cooking gas and electricity. All hardwood floors in bedrooms and living room. Space for additional one bedroom in lower level. Plumbing pipes are available for laundry facilities. An investors option in the near future would be to Co-Op or Condominium.
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SEHEDULE AN APPOINTMENT NOW.
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Reason for Sale ? Retired owner finds it combersome to co-manage living in California.
He is willing to take back a Second mortgage...
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REAR PORCHES AND EMERGENCY LIGHTING ARE CODE COMPLIANT WITH CITY OF CHICAGO.
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Situated in Hyde Park Township right off I-94 and 111th. Located in Historic George Pullman area. Plenty of amenities and attractions to offer all its residents.
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save more on on management fees
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Map of 10920 S. Vernon, Chicago, IL 60628 (Cook County)
Created 5/23/2009
Additional Information for 10920 S Vernon Avenue, Chicago, IL 60628
- Active For Sale - 0 Listing
- Active For Lease - 0 Listing
- Previously Listed - 3 Historic Listings
- Sales Comparables Available - 1 RecentSales Record
View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.