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    2424 W Iowa Street

    Chicago, IL 60622
    • $999,000
    • STATUS: Active Under Contract
    • ON SITE: 84 days
    • MLS #: 11083452
    Under Contract
    UPDATED: 64 min ago
    $999,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,056
      SQFT
    • $246
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1880
    County:

    School Ratings & Info

    Description

    AWESOME totally turn-key investment opportunity! 6 unit Building in fantastic Ukrainian Village location! All units are beautifully updated with white kitchen cabinetry, granite countertops, modern fixtures, vinyl plank flooring, updated bathrooms, and neutral paint colors! Building is vacant, but the market rent for 5 of the units is $1,700 a month, and the smallest unit is $900 a month. Unit cap rate ~ 7.5% and COC 12.5%! All units have central A/C and a washer/dryer. Across the street from Frederic Chopin Elementary School, and walking distance to public transit, parks, restaurants, & shopping! Just minutes to I-90 and I-290! AS-IS Sale

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    © 2021 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 2021-08-04T10:54:54.253 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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    2424 W Iowa Street Chicago, IL 60622

    • Price: $999,000
    • Status: Active Under Contract
    • Updated: 64 min ago
    • MLS #: 11083452
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    4,056
    SQFT
    $246
    $/SQFT
    1880
    Built
    Neighborhood:
    Chi - West Town
    County:
    Cook
    Area:
    Chi - West Town
    Property Description
    AWESOME totally turn-key investment opportunity! 6 unit Building in fantastic Ukrainian Village location! All units are beautifully updated with white kitchen cabinetry, granite countertops, modern fixtures, vinyl plank flooring, updated bathrooms, and neutral paint colors! Building is vacant, but the market rent for 5 of the units is $1,700 a month, and the smallest unit is $900 a month. Unit cap rate ~ 7.5% and COC 12.5%! All units have central A/C and a washer/dryer. Across the street from Frederic Chopin Elementary School, and walking distance to public transit, parks, restaurants, & shopping! Just minutes to I-90 and I-290! AS-IS Sale
    Exterior Features

    Parking Total 2

    Interior Features

    Cooling Central Air Heat Ventilation Forced Air Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Dryers 6 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 3 Number Of Rooms Unit2 2 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Units Apt Type1 5 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 Number Of Washers 6

    Property Features

    Additional Parcels YN No Association Fee Includes None Built Before1978 YN Yes Cap Rate 7.5 Electric Expense 0 Fuel Expense 0 Gross Income 122400 Gross Scheduled Income 122400 Insurance Expense 0 Janitor Expense 0 Lot Size Dimensions 24X124 Maintenance Expense 0 Monthly Income Max1 1700 Monthly Income Max2 900 Operating Expense 0 Other Expense 0 Owners Assoc YN No Tax Annual Amount 12304 Tax Year 2019 Tenant Pays Heat Total Monthly Income 10200 Trash Expense 0 Type Multi Family Flats Unincorporated YN No Water Sewer Expense 0 Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Mark Allen Realty, Llc.


    © 2021 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 2021-08-04T10:54:54.253 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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    2526 N Lincoln Ave
    Chicago IL, 60614