$ 790,000
7617 S Colfax AVE Chicago, IL 60649
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 790,000
Est. payment /mo
Active Under Contract
7617 S Colfax AVE Chicago, IL 60649
UPDATED:
10/31/2024 05:25 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12174826
Maintenance Fees $3,000
Year Built 1960
Annual Tax Amount $6,255
Tax Year 2023
Lot Dimensions 125X25
Property Description
Low maintenance California style 10 unit building in the South Shore neighborhood. All 1 BD/1 BA unit layouts. All units fully renovated in the last 5 yrs with stainless steel appliances, new flooring and new mechanicals. All units have dedicated water tanks and in-unit washer/dryer. Tenant paid electric and baseboard heat keeps owner expenses very low. Large parking lot located alongside property. Pro-forma 10%+ CAP rate on a turn key building.
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 2
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Scanlon • eXp Realty, LLC