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- LoopNet Team
6521-6527 S California Ave
Chicago, IL 60629
Chicago Lawn · Multifamily Property For Sale
·
10 Units
Investment Highlights
- Beautiful residential street.
Property Facts
| No. Units | 10 | Building Size | 8,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1927 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Lot Size | 0.22 AC | ||
| Zoning | R-3, Chicago | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 8,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1927 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R-3, Chicago |
About 6521-6527 S CALIFORNIA AVE , CHICAGO, IL 60629
10 UNIT MULTIFAMILY INVESTMENT. Property rents well. This property has the potential to earn more income. All tenants on month to month leases. Gated rear area could provide tenant parking or play area. The property includes 7 years new boiler, newer widows, flood light system. A laundry room could also be added for additional income. 24-hour notice to tenants before confirming any viewing. Agent related to the seller. 8 - Two bedroom units 2 - One bedroom units Taxes $9,202.00 Insurance $5,214.00 Electric $1,248.00 Heat/Gas $1,100.00 Scavenger $2,100 Water $4,512 Monthly Income $7,300 = Yearly Income $87,600 Yearly expenses $23,376 Yearly Income $64,224
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | $825.00 | - |
| 1+1 | 2 | $650.00 | - |
Property Taxes
| Parcel Number | 19-24-216-003-0000 | Improvements Assessment | $53,750 |
| Land Assessment | $9,450 | Total Assessment | $63,200 |
Property Taxes
