Chicago, IL 60628 317 E 116th Street
$178,000
Presented By: Realty Advisors Elite LLC
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 6
Home Details
AMAZING CASH FLOW BUILDINGS IN THE HOT WEST PULLMAN! 2 BUILDINGS FOR THE PRICE OF 1 BUILDING! REHABBERS SPECIAL! OWNER FINANCING AVAILABLE! THE FRONT BUILDING HAD A FIRE LAST YEAR. 2 OUT OF 4 UNITS REQUIRE GUT REHAB! THE FRONT BUILDING REQUIRE A NEW ROOF. REAR BUILDING'S @ UNITS ARE IN RENTABLE CONDITION. OWNER WILL CONCIDER $10,000 DOWN PAYMENT OWNER WILL EXTEND LOAN BALANCE FOR 12 MONTHS TO ALLOW THE BUYER TO FINISH REHABBING THE BUILDING. BEST ESTIMATES ARE THAT IT WILL COST 60,000 TO FINISH ALL NECESSARY REHABILITATION OF THE FRONT BUILDING. PARTNERSHIP FEELS CONFIDENT THAT WHEN FINISHED AND APARTMENTS RENTED THAT THE PROPERTY WILL SELL FOR $300,000 AND POSSIBLY MORE!!!
Presented By: Realty Advisors Elite LLC
Interior Features for 317 E 116th Street
Other Interior Features
Street SuffixStreet
General for 317 E 116th Street
Additional Parcels Y/NNo
CityChicago
CoolingNone
CountyCook
Days on Market12
Directions115th to Front Ave. South to 116th St. North to Property
ElectricService - 0 to 100 Amps
Electric Expense480
Fuel Expense
Gross Income45600
Insurance Expense2476
MLS AreaCHI - West Pullman
MaintenanceExpense1149
Net Operating Income36765
NumberOfUnitsTotal6
Operating Expense8835
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount2832.2
Tax Year2021
Tenant PaysVaries by Tenant
Trash Expense0
Water Sewer Expense1883
Year Built1902
Exterior for 317 E 116th Street
Lot Dimensions25X178
Additional Details
Price History
