Commercial property with 12 apartments and 6 store fronts

932 E 78th St, Chicago, IL 60619

$850,000 After Repair Value -
$795,000 Asking Price -
$0 Cost of Repairs =
$55,000 Potential Profit

Property Details

Asking Price $795,000

After Repair Value $850,000

Costs of Repairs $0

Potential Profit $55,000

Living Area 17450 ft2

Property Type Commercial Property

Bedrooms +7

Bathrooms +7

Half Bathrooms 1

Parking 1

Listed with Agent No

Property Description

- E 79th Street
Chicago IL 60619

Price: $795,000

No. Units: 18
Bed: 22
Bath: 16
Sqft: 17,450
Lot Size: .09 AC
Built In 1926

Property Information

Commercial property with 12 apartments and 6 store fronts on a main road in the Chattam area of Chicago. Property is fully occupied with one vacant unit. 4 Store fronts on a lease, with the last 2 units undergoing a $90K remodel. Monthly rental income $13,000.

Repair History:

- 6 Units carpet and paint
- New security system throughout the whole building
- New front and back door
- New front door intercom
- Plumbing redone in all units
- New water boiler
- New AC unit
- Gutters replaced
- Main hall and stairs re carpeted
- 3 Units have new tile
- New appliances in 8 units

Call Us (630) - \ -

We have equitable interest in the property and we are selling our contract. Cash or private/hard money only. We have lenders ready to lend, contact us. Buyer pays ALL closing costs which include transfer taxes, title insurance, and title company fees. Buyer will receive taxes prorated to 100 percent and free and clear title. Please do all your inspections and due diligence up front before contracting. Realtors add your commission to the price. Proof of funds required for viewing.


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