Multifamily Property For Sale - 31 UNIT APARTMENT BUILDING. BIG$$MAKER.WELL KEPT

10920 S. Vernon, Chicago, IL, 60628

 

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31 UNIT APARTMENT BUILDING. BIG$$MAKER.WELL KEPT

10920 S. Vernon, Chicago, IL 60628

MAIN ENTRANCE
  • 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)

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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

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