PRICE REDUCED - Turn Key - Mixed Use Property
3962 N Elston Ave, Chicago, IL 60618, Irving Park, Cook County
PRICE REDUCED TO SELL $289,000
ARV Estimate $375,000
PROPERTY INFORMATION
Mixed Use turn-key property in popular Irving Park neighborhood is fully rented and doesn't require any work; just take over and collect the cash-flow. Recent Upgrades include plumbing and electrical on 2nd floor, new water pipes, and flooring in commercial space. Current Rent: Total $2,775: $1,500 rent for the residential apartment (shared by three tenants $400+$400+$700) plus $1,275 rent for the ground level commercial space with 5 year lease.
PROPERTY DETAILS
Property Type: 2-Unit Multi-Use, massage store on the 1st floor, residential apartment on the 2nd floor.
Zoning: C1-1
Year Built: 1904
Beds / Baths: 3/1 2nd floor residential unit.
Sq.Ft: 2,016
Sq.Ft Lot: 3,125
Basement: Laundry facility, furnace, mechanical room
Garage: None. Parking lot out back.
Current Rent: Total $2,775
MONTHLY EXPENSES
Taxes: $365/mo
Water: $95/mo
Heat: $130/mo
Electricity: $108/mo
Insurance: $84/mo
PICTURES
https://www.dropbox.com/sh/zeiz5afjewvvf8j/AAA5SqHL_05NMElCN3NLtXyva?dl=0
This is an assignment of contract. We have equitable interest in the property and we are selling our contract. Property is being sold as-is, where-is. All figures expressed either verbally or in marketing material is an estimate. There are no guarantees or assumptions, either made or implied. CASH or PRIVATE/HARD MONEY BUYERS only. Email POF in order to view the property. $2,500 NON-REFUNDABLE earnest money check is required to secure the contract. Buyer pays ALL closing costs. Buyers conduct their own due diligence prior to contracting. We can help with local contractors, lenders, and property management.
Cash Cow Group
Melsi Bifsha
Tel:773-968-8891
[email protected]
www.cashcowgroups.com