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1118 W Garfield Boulevard

Chicago, IL 60609
  • $400,000
  • STATUS: Active Under Contract
  • ON SITE: 202 Days
  • MLS #: 11620290
Under Contract
UPDATED: 46 min ago
$400,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1915
County:

School Ratings & Info

Description

**BUYER FINANCING FELL THROUGH** PROPERTY BEING SOLD AS-IS. PROPERTY APPRAISED FOR OVER ASKING. Located on the famous Garfield Blvd... this LEGAL 6 unit brick building is a Must See! Property features very high ceilings and tons of updates. 3rd floor (3 bedroom) and 2nd floor (3bedroom) both with the same layout and space. 3 Bedroom units both have 2 full baths. 1st floor (2 bedroom) is the owners unit (still occupied) and the only unit with washer/dryer hook up. 1st floor also has a rear unit (2 bedroom). The Basement level has 2 separate units both 1 bedroom apartments. Tenants pay electric & cooking gas. Water paid by landlord. New boiler heat replaced in 2018. This building shows extremely well. Electronic Garage Door openers on all garages. PLEASE NOTE: RED STACKABLE WASHER / DRYER IN OWNERS UNIT DOES NOT STAY! There is space however in the basement for a coin operated washer dryer units. Ample storage space available in basement. With easy access to both Stevenson and Dan Ryan expressways... The University of Chicago, The Obama Library, Illinois Institute of Technology (IIT), Midway Airport & Hyde Park. Schedule your showing today! This won't last long!

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© 2023 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 MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2023-03-24T08:58:07.173 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. 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.

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1118 W Garfield Boulevard Chicago, IL 60609

  • Price: $400,000
  • Status: Active Under Contract
  • On Site: 202 Days
  • Updated: 46 min ago
  • MLS #: 11620290
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1915
Built
Neighborhood:
Chi - New City
County:
Cook
Area:
Chi - New City
Property Description
**BUYER FINANCING FELL THROUGH** PROPERTY BEING SOLD AS-IS. PROPERTY APPRAISED FOR OVER ASKING. Located on the famous Garfield Blvd... this LEGAL 6 unit brick building is a Must See! Property features very high ceilings and tons of updates. 3rd floor (3 bedroom) and 2nd floor (3bedroom) both with the same layout and space. 3 Bedroom units both have 2 full baths. 1st floor (2 bedroom) is the owners unit (still occupied) and the only unit with washer/dryer hook up. 1st floor also has a rear unit (2 bedroom). The Basement level has 2 separate units both 1 bedroom apartments. Tenants pay electric & cooking gas. Water paid by landlord. New boiler heat replaced in 2018. This building shows extremely well. Electronic Garage Door openers on all garages. PLEASE NOTE: RED STACKABLE WASHER / DRYER IN OWNERS UNIT DOES NOT STAY! There is space however in the basement for a coin operated washer dryer units. Ample storage space available in basement. With easy access to both Stevenson and Dan Ryan expressways... The University of Chicago, The Obama Library, Illinois Institute of Technology (IIT), Midway Airport & Hyde Park. Schedule your showing today! This won't last long!
Exterior Features

Exterior Building Type Brick Foundation Details BlockConcrete Perimeter Frontage Type City StreetAlley Access Outdoor Parking 1-5 Spaces Parking Total 3 Roof Tar And Gravel Roof Structure Flat

Interior Features

Basement UnfinishedExterior Access Cooling Window Unit(S) Heat Ventilation Central Bldg HeatRadiatorsSteamRadiant Miscellaneous Inside Storage Inside Number Of Dryers 0 Number Of Ranges 6 Number Of Washers 0

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 7533 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Current Use Multi-Family Electric Circuit BreakersSeparate Meters Gross Income 61795 Gross Scheduled Income 61795 Insurance Expense 9157 Location Public Transport Avail Maintenance Expense 11293 Mls Actual Status Contingent Net Operating Income 30618 Operating Expense 31177 Ownership Types Individual Possible Use Multi-Family Seller Needs Cash Seller Will Lease Back Tax Annual Amount 2620.41 Tax Year 2020 Tenant Pays Electricity Total Monthly Income 6268 Township Lake Type Multi Family 5+ Utilities Water-Municipal Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max Next: 312-620-3446.


© 2023 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 MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2023-03-24T08:58:07.173 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. 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.

Digital Millennium Copyright Act
 
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