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2230 S Kedzie Ave
Chicago, IL 60623
Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.07 AC |
| Property Type | Multifamily | Building Size | 6,838 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1895/2014 |
| Zoning | B3-2 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 6,838 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1895/2014 |
| Zoning | B3-2 |
Amenities
Unit Amenities
- Heating
- Ceiling Fans
- Hardwood Floors
- Basement
About 2230 S KEDZIE AVE , CHICAGO, IL 60623
This is the one you have been waiting for! This amazing 9 unit is any investor's dream and has enormous potential. 8 units are completely rented with only one vacant unit! Features include 5 front rental units rented for $700/month and one commercial unit on main floor leased for $1000/month, and 3 back rental units rented for $600/month. Come and schedule a showing today! -All tenants pay for electric,heat and their own expenses. -Owner pays about $600/2months for water -Owner pays about $110/month for scavenger -Owner estimates maintenance expenses to be around $200/6 months, building is in very good condition -Current insurance estimate that he pays for is about $3800/year -Only electric that owner pays for is public one that takes care of hallway lights etc. and is around $25/month -All tenants including commercial are month to month and do not have leases, owner mentioned that they 3/4 tenants have security deposits but would verify amount and which units had it for us -Front building: 5 units are currently rented for $700/month and are each 2 bed/bath -Front commercial unit pays $1000/month and takes care of all their expenses. Current use is for Herbalife business for nutritional supplements. -Back building: 2 units pay $600/month and are 1 bed/bath, other 1 bed/bath unit pays for $450/month and has been long term tenant
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | $700.00 | - |
| 1+1 | 3 | $600.00 | - |
Property Taxes
| Parcel Number | 16-26-207-033-0000 | Improvements Assessment | $92,498 |
| Land Assessment | $4,531 | Total Assessment | $97,029 |
Property Taxes
