Chicago, IL 60617 8624 S Houston Avenue
$549,000
4 more
Presented By: Taty Management LLC
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 2
SQFT • 4,266
Home Details
Unique opportunity to acquire a cash-flowing asset that realizes a 9% cap rate. Managing company Taty Management LLC. Full occupancy! Long-term tenants. Low rents with room to increase. It's a must-see! Brick 6 units building with six 2b/1ba apartments with a large eat-in kitchens! All units are equipped with updated kitchens and bathrooms featuring modern appliances, and granite countertops. Separate heat and water tanks for every unit. Updated electric, and copper plumbing. Everything is up to the new code. Parking is plenty on the street and a two cars brick garage in the rear. Great location close to transportation on a quiet block.
Presented By: Taty Management LLC
Interior Features for 8624 S Houston Avenue
Other Interior Features
BasementUnfinished
Total Fireplaces
General for 8624 S Houston Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyCook
Current UseMulti-Family
Days on Market19
Directions87th Street to Houston, North to property
ElectricSeparate Meters
Electric Expense252
Fuel Expense
Gross Income65472
Insurance Expense3400
Lot Size Square Feet3125
MLS AreaCHI - South Chicago
MaintenanceExpense
Net Operating Income45374
NumberOfUnitsTotal6
Operating Expense20098
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount2674
Tax Year2022
Tenant PaysElectricity, Heat
Trash Expense2940
Water Sewer Expense3468
Year Built1903
ZoningMULTI
Exterior for 8624 S Houston Avenue
Building Area Total4266
ExteriorBrick
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions25'X124'X25'X124'
Additional Details
Price History
