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1934 Chicago Avenue in CHICAGO: CHI - West Town Mixed Use for sale or rent (Chicago North) : MLS® # 09771373

1934 Chicago Avenue CHICAGO 60622 : CHI - West Town

Main Photo: 1934 Chicago Avenue in CHICAGO: CHI - West Town Mixed Use for sale or rent (Chicago North)  : MLS® # 09771373banner
$1,200,000
Prop. Type:
Mixed Use
MLS® Num:
09771373
Status:
For Rent
Year Built:
1908
Great West Town location - Chicago and Damen. 2 stores + 1 3 bedroom apartment and a digital sign renter. Great investment opportunity! This property is located in one of Chicago's hottest neighborhoods. Excellent tenants. Income is $98K/year. Very low expenses. Building is in good condition. Please do not disturb tenants - 24hr notice on all appointments.
Chicago Avenue 1 block east of Damen on the corner of Winchester
24-Hr Notice Required, Listing Agent Must Accompany, Show-Call Listing Office
Status:
Active
Listed Date:
Oct 06, 2017
Original Price:
$1,200,000
Original Rental Price:
$25
Property Type:
Mixed Use
Current Use:
Commercial
Potential Use:
Commercial, Residential-Multi-Family, Retail
Approx. Area:
Switch units of measure4,200 sq. ft.
Lot Area:
Switch units of measure3,125 sq. ft.
Land Location:
Central Business District, Corner
Lot Dimensions:
25X125
Year built:
1908
Approximate Age:
Older
# Of Parking Spaces:
0
Zoning:
COMMR
Air Conditioning:
None
Heat / Ventialtion:
Gas
Construction:
Brick, Concrete
Storeys:
2
Exterior Finish:
Brick
Fire Protection:
Smoke or Fire Protectors
Water Drainage:
Other
Backup Info:
Rent Roll
Roof Structure:
Flat
Roof Coverings:
Rubber
Floor Finish:
Other
Foundation:
Concrete
Frontage Access:
City Street
Known Encumbrances:
None Known, Other
Unincorporated:
No
Electrical Service:
Circuit Breakers
Green Disclosure:
N
Cook
WEST CHICAGO
Basement
Other
Tax amount:
12387
Tax year:
2016
Parcel Number:
17064330420000
Business Ownership Type:
Corporation
Possession:
Closing
Sale Terms:
Conventional
Docks:
None
# Of Appartments:
1
# Of Dishwashers:
1
# Of Dryers:
1
# Of Offices:
0
# Of Ranges:
1
# Of Refrigerators:
1
# Of Tenants:
4
# Of Units:
3
# Of Washers:
1
Washer / Dryer Leased:
No
Tenant Pays:
Electric, Heat, Other
Gross Rent Multiplier:
12.2
Cap Rate:
7
Gross Rental Income:
98790
Total Monthly Income:
8232
Net Operating Income:
83590
Net Operating Income Year:
2016
Total Annual Income:
98790
Electricity Expense:
0
Fuel Expense:
0
Insurance Expense:
1888
Other Expense:
0
Scavenger Expense:
0
Water Expense:
900
Total Annual Expense:
15200
Total Annual Expense Source:
Owner Projection
Expense Year:
2016
Listing information last updated on 21-Oct-2017 9:17 AM
Goldberg and Perl Realtors
Office:773-477-9700
Fax:773-549-1956
844 W. Armitage Ave.
Chicago, IL
60614 US
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