Chicago, IL 60623 2224 S Sawyer Avenue

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Presented By: Kale Realty
  • MLS# 12064446
  • 05/29/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 5

Home Details

7.7% Cap Rate As-Is (Proforma 8% + Cap Rate) in red hot Little Village! This renovated six unit property is made up of three 2bd/1ba units, two 2bd/1ba duplex units, and one 3bd/1ba + office unit. The property also has a seventh non-conforming studio apartment that is currently unused. A new investor can duplex into to make a true 3bd/2ba owners unit or AirBnb it for additional income. All units have been renovated with stainless steel appliances, granite countertops, central furnaces, and in-unit washer dryer. All units are on 12 month leases. Perfect property for any new or seasoned investor looking for day one cash flow and low maintenance. Broker Owned Interest.
Presented By: Kale Realty

Interior Features for 2224 S Sawyer Avenue

Other Interior Features

Street SuffixAvenue

General for 2224 S Sawyer Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CountyCook
Current UseMulti-Family
Days on Market6
DirectionsWest on Cermak. South on Sawyer.
Electric Expense
Fuel Expense
Gross Income8155
Insurance Expense
MLS AreaCHI - South Lawndale
MaintenanceExpense
Net Operating Income73395
NumberOfUnitsTotal6
Operating Expense24465
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount7198.7
Tax Year2022
Tenant PaysElectricity, Heat
Trash Expense0
Water Sewer Expense0
Year Built1895

Exterior for 2224 S Sawyer Avenue

Lot Dimensions25X125

Additional Details

Price History

Worth Clark

Price $900,000
MLS#12064446
List Date 05/29/2024
Property Type Multi-Family
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