7152 S Emerald Avenue Chicago, IL 60621
$750,000
Active / MLS# 12597272 / Multi Unit - Multiple / Chicago
0
Beds
7215
SqFt
Stately 6 unit apartment building for sale in emerging Englewood. The property is fully rented and cash flowing, and is currently operating at a 10 + CAP rate. The property underwent an extensive rehab with numerous updates including new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, new laundry room and much more. This building has an excellent unit mix with 3 x 2 bedrooms and 3 x 3 bedrooms. All major mechanicals are updated including plumbing, individual furnaces and hot water tanks, newer electrical panels and wiring. This is a tenant paid utility set up that allows the owner to have very low operating costs. The building is a large corner building with excellent curb appeal. There is an updated common hallway as well as a large area in the back for tenant parking. The building is fully rented and is stable and cash flowing. Perfect arm chair investment opportunity
Baird & Warner New Client Care Team Agent Cell: 312.847.5702 Email
Property Details
Property Type: Multi Unit - Multiple
Cooling: None
Lot Size: 0.17 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $7,232
Year Built: 1883
Feature Descriptions
Current Use: Multi-Family
Electric: Circuit Breakers, Separate Meters, Service - 201 to 600 Amps
Exterior: Brick
Fire Protection: Smoke or Fire Protectors
Foundation: Concrete Perimeter
HVAC: Forced Air, Gas
Lot Dimensions: 50 X 125
Miscellaneous Indoor: Laundry Room
Parcel#: 20281000370000
Parking: 6-12 Spaces
Potential Use: Multi-Family
Tenant Pays: Electricity, Heat
Units: 6
Location
See details and scored characteristics about this location.
Listing Office: Halsted Taylor Real Estate
Listing Office Phone: 312-421-5151
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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