Chicago, IL 60632 4801-03 S ARCHER Avenue
$1,295,000
7 more
Presented By: RE/MAX MI CASA
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 3
Home Details
Welcome to a prime investment opportunity! This newer brick 12-unit apartment building boasts a smart mix of 10 spacious 2-bedroom units and 2 cozy 1-bedroom units, ensuring a steady cash flow. Situated in a desirable location, tenants enjoy modern living with balconies. Recent upgrades including a newer boiler and carpet ensure low maintenance costs. Whether you're a seasoned investor or a newcomer to real estate, this property promises excellent returns and long-term value. Act fast - opportunities like this don't last long!
Presented By: RE/MAX MI CASA
Interior Features for 4801-03 S ARCHER Avenue
Other Interior Features
Street SuffixAvenue
General for 4801-03 S ARCHER Avenue
Additional Parcels Y/NYes
CityChicago
ContingencyAttorney/Inspection
CoolingWindow Unit(s)
CountyCook
Current UseMulti-Family
Days on Market142
DirectionsARCHER 1 BLK WEST OF LAWNDALE
ElectricCircuit Breakers
Electric Expense769
Fuel Expense7829
Gross Income137406
Insurance Expense3723
MLS AreaCHI - Archer Heights
MaintenanceExpense
Net Operating Income96548
NumberOfUnitsTotal12
Operating Expense40637
PossessionClosing, Tenant's Rights
Possible UseCondominium, Multi-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount23054
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Other
TownshipLake
Trash Expense1891
Water Sewer Expense4207
Year Built1971
ZoningMULTI
Exterior for 4801-03 S ARCHER Avenue
ExteriorBrick
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions51X128
Additional Details
Price History
