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9647 S Forest Avenue

Chicago, IL 60628
  • $525,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 11392546
UPDATED: 39 min ago
$525,000
  • 8
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

School District:
299

Description

3Five Chicago is offering this once in a lifetime investment opportunity in the Rosemoor Neighborhood of Chicago. All four units have been completely gut renovated including, building mechanicals and common areas with permits and certificate of occupancy granted by the City of Chicago. The property is currently fully tenanted and has consistent cash flow month over month with an amazing tenant base. This is a true turn-key property that is unrivaled by anything else on the market. This is for serious long-term investors that understand the value in quality construction and asset stability. Buildings of this quality and location are extremely rare and are positioned for lifelong investors looking for consistency and financial stability. This turn-key asset has professional management in place and can remain in place after the sale.

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© 2022 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 2022-05-28T15:59:53.627 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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9647 S Forest Avenue Chicago, IL 60628

  • Price: $525,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 39 min ago
  • MLS #: 11392546
8
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
Chi - Roseland
County:
Cook
Area:
Chi - Roseland
School District:
299
Property Description
3Five Chicago is offering this once in a lifetime investment opportunity in the Rosemoor Neighborhood of Chicago. All four units have been completely gut renovated including, building mechanicals and common areas with permits and certificate of occupancy granted by the City of Chicago. The property is currently fully tenanted and has consistent cash flow month over month with an amazing tenant base. This is a true turn-key property that is unrivaled by anything else on the market. This is for serious long-term investors that understand the value in quality construction and asset stability. Buildings of this quality and location are extremely rare and are positioned for lifelong investors looking for consistency and financial stability. This turn-key asset has professional management in place and can remain in place after the sale.
Exterior Features

Exterior Building Type Brick Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Lot Size Less Than .25 Acre Multi Family Type 4 Flat Parking Details Garage Waterfront YN No

Interior Features

Basement Unfinished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 4 Half Baths In Building 0 Heating Natural Gas Rooms Total 20

Property Features

Age 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information None Gross Income 60600 Mls Actual Status Active Net Operating Income 44664 New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2022 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 1043.36 Tax Year 2020 Total Numberof Unitsin Building 4 Total Rental Income 60600 Township Hyde Park Type Two To Four Units Water Source Lake Michigan

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Halsted Taylor Real Estate.


© 2022 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 2022-05-28T15:59:53.627 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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