8212 E Drexel Avenue

    Chicago, IL 60619
    • $1,275,000
    • STATUS: Active Under Contract
    • ON SITE: 588 days
    • MLS #: 09684762
    Under Contract
    UPDATED: 50 min ago
    $1,275,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    Description

    This is a wonderful opportunity to own a beautiful building with tons of upside in Chatham.The interior units need work, but it will be more than worth it, to attract more Section 8 tenants and raise the income. Most units are occupied. Six are vacant but management is working to fill those.

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    © 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: 2019-02-19T07:50:04.233.

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    www.scottc21.com/homes/74443841

    8212 E Drexel Avenue Chicago, IL 60619

    • Price: $1,275,000
    • Status: Active Under Contract
    • Updated: 50 min ago
    • MLS #: 09684762
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1927
    Built
    Neighborhood:
    Chi - Chatham
    County:
    Cook
    Area:
    Chi - Chatham
    Property Description
    This is a wonderful opportunity to own a beautiful building with tons of upside in Chatham.The interior units need work, but it will be more than worth it, to attract more Section 8 tenants and raise the income. Most units are occupied. Six are vacant but management is working to fill those.
    Exterior Features

    Construction BrickConcreteConcrete BlockStone Frontage Access City Street Lot Dimensions 100' X 124' Lot Sq Ft 12400 Number Of Parking Spaces 0

    Interior Features

    Basement Description Unfinished Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 1 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 Full Bathrooms Type3 1 Number Of Ranges 26 Number Of Refrigs 26 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 4 Number Of Rooms Unit2 5 Number Of Rooms Unit3 3 Number Of Rooms Unit7 0 Number Of Stories 4 Number Of Units Apt Type1 10 Number Of Units Apt Type2 14 Number Of Units Apt Type3 2 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Repairs Decor Expense 0

    Property Features

    Age Older Built Before1978 YN Yes Contingency Flag Attorney/Inspection Current Use Residential-Multi-Family Electric Expense Source Actual Electricity Expense 2949 Expense Year 2016 Exterior Building Type BrickStone Fuel Expense 13429 Fuel Expense Source Actual Gross Rental Income Amount 21810 Heat Ventilation Central Bldg HeatGasRadiatorsSteam Insurance Expense 7969 Insurance Expense Source Actual Janitor Expense 10000 Janitor Expense Source Owner Projection Monthly Income Max1 700 Monthly Income Max2 850 Monthly Income Max3 600 Net Oper Income Amount 21810 Net Operating Income Year 2017 Other Expense Source Actual Other Expenses 12935 Possession Closing Sale Terms Conventional Tax Year 2016 Taxes 8555 Tenant Pays Air ConditioningElectric Total Annual Exp 65486 Total Annual Expense Source Combination Total Annual Income 218108 Total Monthly Income 18175 Township Hyde Park Type Multi Family Courtyard Unincorporated YN No Water Expense 5912 Water Expense Source Actual Zoning Type Multi

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties Commercial.


    © 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: 2019-02-19T07:50:04.233.

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