8917 S Cottage Grove Ave 12 Unit Apartment Building $1,550,000 ($129,167/Unit) 10.08% Cap Rate Chicago, IL 60619

12 Unit Turnkey available on popular Cottage Grove in the Burnside neighborhood. This property just recently went through a large renovation to all units. The building features an excellent unit mix with 11 x 2 bedrooms and 1 x 1 bedroom. All units are currently rented and producing excellent cash flow. The property is located just blocks from the 87th and Cottage Grove shopping corridor, public transportation and Chicago State University. This is an armchair investment property with nothing further to do. Updated to the property include but are not limited to the following : new kitchens, updated bathrooms, refinished flooring, new appliances., new finish plumbing and electrical fixtures, new electrical panels in unit, newly built out laundry room, 4 newly remodeled common hallways, new central boiler with individual zone controls per unit. The units are all similar in layout and feature spacious layouts with a large living room, eat-in kitchen, and 2 bedrooms. The building also has 7 parking spaces in the back of the building.