Cicero, IL 60804 2226 S Central Avenue
$1,495,000
Presented By: Midland Realty Group
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 3
SQFT • 18,870
Home Details
CLASSIC MASONRY CHARMER CONSISTING OF 19 APARTMENTS AND 2 STOREFRONTS FOR A TOTAL OF 21 UNITS. THREE STORIES. INCREDIBLY WOODWORK THROUGHOUT. MAJOR TICKET UPGRADES COMPLETED IN LAST FEW MONTHS- STAIRCASES, CONCRETE WALKWAYS, FRENCH TILE, ELECTRICAL, SUMP PUMPS, HOT WATER TANKS, BOILER, ROOF. WILL PASS CICERO'S VIGOROUS SALE INSPECTION. LONG TERM TENANCIES IN PLACE WITH MASSIVE ROOM FOR INCOME GROWTH. POSSIBLY BEST OF ALL, TAXES HAVE BEEN SUCCESSFULLY APPEALED AND REDUCED 41%! INCREDIBLE, VINTAGE BUILDING.
Presented By: Midland Realty Group
General for 2226 S Central Avenue
Additional Parcels Y/NNo
CityCicero
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
Days on Market85
Directions290, South on Central to subject property
Electric Expense1020
Fuel Expense12506
Gross Income208200
Insurance Expense10500
MLS AreaCicero
MaintenanceExpense7500
Net Operating Income146413
NumberOfUnitsTotal21
Operating Expense39456
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount22331.7
Tax Year2023
Tenant PaysElectricity
Trash Expense4725
Water Sewer Expense10705
Year Built1925
ZoningMULTI
Exterior for 2226 S Central Avenue
Building Area Total18870
ExteriorBrick
Foundation DetailsConcrete Perimeter
Lot Dimensions55X125
Additional Details
Price History
