Chicago, IL 60620 7920 S Honore Street
$399,000
4 more
Presented By: @properties Commercial
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 2
Home Details
Value Add! Fully stabilized, classic brick center-entry 6 flat with upside potential in Auburn Gresham, directly across the street from Scott Joplin Elementary School. All 2bd/1ba units with large living rooms and separate, spacious dining rooms. Some units have been partially updated. A four vehicle garage (currently closed off) in back. Full, unfinished basement. Boiler heat. Building needs some maintenance and cosmetic updates to maximize its potential, but the building is solid. Convert to vouchered tenants over time, install individual furnaces and water heaters and rent garage spaces.
Presented By: @properties Commercial
Interior Features for 7920 S Honore Street
Other Interior Features
BasementUnfinished
Total Fireplaces6
General for 7920 S Honore Street
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyFinancing
CoolingNone
CountyCook
Current UseMulti-Family
Days on Market5
DirectionsEast or West on 79th Street to Honore. South to building on right.
Electric Expense770
Fuel Expense8800
Gross Income65100
Insurance Expense4128
Lot Size Square Feet6820
MLS AreaCHI - Auburn Gresham
MaintenanceExpense
Net Operating Income30812
NumberOfUnitsTotal6
Operating Expense34288
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofMembrane
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount4736
Tax Year2022
Tenant PaysElectricity
Trash Expense2200
Water Sewer Expense2604
Year Built1920
ZoningMULTI
Exterior for 7920 S Honore Street
ExteriorBrick
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions50 X 136
Lot Size Acres0.3
Additional Details
Price History
