Chicago, IL 60634 7125 W Addison Street

Presented By: @properties Christie's International Real Estate
  • MLS# 12151750
  • 08/30/2024
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

Original owners decided it's time to sell. All units are above grade. No garden units! This beautiful yellow brick building is being offered for sale for the first time in 50 years! This high visibility prime corner location offers more parking for tenants as well as more sunlight and an overall open and more comfortable feel! There are 6 parking spaces in the rear off the alley that are sizable and easy to access. The unit mix is comprised of 6 units in total with 5 being 2 bedrooms and 1 bath and 1 unit having 1 bedroom and 1 bath. As you can imagine these rents are very low due to the long time owners and long time tenants. Do your own math and you will be impressed at how much the NOI will change with only a modest rent increase. All tenants are on a month to month lease. Building was newly tuckpointed 3 years ago!
Presented By: @properties Christie's International Real Estate

Interior Features for 7125 W Addison Street

Other Interior Features

BasementNone
Total Fireplaces

General for 7125 W Addison Street

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick, Concrete
CoolingWall Sleeve
CountyCook
Days on Market7
DirectionsAddison St. East of Harlem Ave.
Electric Expense491
Fuel Expense5710
Gross Income83700
Insurance Expense3552
MLS AreaCHI - Dunning
MaintenanceExpense
Net Operating Income55818
NumberOfUnitsTotal6
Operating Expense14129
PossessionTenant's Rights
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount13753
Tax Year2023
Tenant PaysElectricity
Trash Expense1200
Water Sewer Expense3176
Year Built1974
ZoningMULTI

Exterior for 7125 W Addison Street

ExteriorBrick
Foundation DetailsConcrete Perimeter
Lot Dimensions40 X 125

Additional Details

Price History

Worth Clark

Price $1,050,000
MLS#12151750
List Date 08/30/2024
Property Type Multi-Family
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