4509 Michigan Avenue

    Chicago, IL 60653
    • $749,900
    • STATUS: Active Under Contract
    • ON SITE: 156 days
    • MLS #: 10081686
    Under Contract
    UPDATED: 51 min ago
    $749,900
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    Description

    WELL MAINTAINED 7-UNIT IN HIGHLY DESIRED Bronzeville community. BLDG CONSISTS OF (1) 2 bed and 1 bath and (6) 3 BED 2 Baths unit w in-unit laundry tenants pays heat and electrical. REAR PORCH CITY CERTIFIED. New commercial and residential development throughout this emerging market. Situated across from the Chicago Urban League. This property has a Cap Rate of 10.5%. CLOSE TO DOWNTOWN, Public Transportation, and all major highways. VERIFIED FINANCIAL REF REQUIRED IN ADVANCE.

    Monthly Payment Calculator



    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Scott Schoon with Century 21 Affiliated. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Scott Schoon with Century 21 Affiliated are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2019-02-17T14:50:50.943.

    Digital Millennium Copyright Act
    www.scottc21.com/homes/87460799

    4509 Michigan Avenue Chicago, IL 60653

    • Price: $749,900
    • Status: Active Under Contract
    • Updated: 51 min ago
    • MLS #: 10081686
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    1900
    Built
    Neighborhood:
    Chi - Grand Boulevard
    County:
    Cook
    Area:
    Chi - Grand Boulevard
    Property Description
    WELL MAINTAINED 7-UNIT IN HIGHLY DESIRED Bronzeville community. BLDG CONSISTS OF (1) 2 bed and 1 bath and (6) 3 BED 2 Baths unit w in-unit laundry tenants pays heat and electrical. REAR PORCH CITY CERTIFIED. New commercial and residential development throughout this emerging market. Situated across from the Chicago Urban League. This property has a Cap Rate of 10.5%. CLOSE TO DOWNTOWN, Public Transportation, and all major highways. VERIFIED FINANCIAL REF REQUIRED IN ADVANCE.
    Exterior Features

    Frontage Access City Street Lot Dimensions 50X175 Number Of Parking Spaces 8

    Interior Features

    Indoor Parking 6-12 Spaces Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 3 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 8 Number Of Rooms Unit2 5 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Stories 3 Number Of Units Apt Type1 6 Number Of Units Apt Type2 1 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Outdoor Parking 1-5 Spaces Repairs Decor Expense 0

    Property Features

    Age Older Built Before1978 YN Yes Contingency Flag Attorney/Inspection Current Use Residential-Multi-Family Electric Expense Source Owner Projection Electricity Expense 1045 Fuel Expense 3220 Fuel Expense Source Combination Gross Rental Income Amount 93600 Heat Ventilation Forced Air Insurance Expense 5145 Insurance Expense Source Actual Janitor Expense 0 Monthly Income Max1 1200 Monthly Income Max2 800 Net Oper Income Amount 72288 Other Expense Source Owner Projection Other Expenses 0 Tax Year 2016 Taxes 5919 Tenant Pays ElectricHeat Total Annual Exp 21312 Total Annual Expense Source Owner Projection Total Annual Income 93600 Total Monthly Income 7800 Township Hyde Park Type Multi Family Flats Water Expense 4220 Water Expense Source Owner Projection Zoning Type Multi

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Dream Town Realty.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Scott Schoon with Century 21 Affiliated. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Scott Schoon with Century 21 Affiliated are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2019-02-17T14:50:50.943.

    Digital Millennium Copyright Act
     
    Scott Schoon with Century 21 Affiliated
    7817 W. 159th
    Tinley Park IL, 60477