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Archived about 5 years ago

$875,000

9+ bd 3 ba 2850 sqft

DIVISION & DAMEN AVE., CHICAGO, AL 60622

Residential Triplex Off MLS

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Jorge Vega

Unit 1 Details
  • Current Rent: $0
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 950 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: Yes
Unit 2 Details
  • Current Rent: $0
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 950 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: Yes
Unit 3 Details
  • Current Rent: $0
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 950 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: Yes

OFF MARKET UKRAINIAN VILLAGE 3 FLAT

***OFF MARKET*** CASH FLOW ***

A brick Legal 3 flat in the Ukrainian Village neighborhood of Chicago near Division & Damen Ave. Tons of rental potential and longevity in this A+ Category neighborhood. Here are the details:

- Sale price: $850,000
- Each unit has 3 bedrooms 1 bath
- Hardwood floors underneath carpet throughout
- The roof is 5 years young
- All utilities except water are separate
- Full and semi-finished basement with a makeshift 1 bedroom apartment
- All Brick (tons of character)
- Three car garage, one tandem.
- All units are vacant except owners unit (they will vacate before closing).
- Rental income potential: $82,800 a year.

Offer instructions

- CASH/HARD MONEY OFFERS ONLY
- BUYER PAYS SURVEY, TITLE FEES, ATTORNEY FEES
- BUYER AGREES TO USE CONTRACT SELLERS ATTORNEY (He is very experienced in these type of sales)
- PROOF OF FUNDS MANDATORY
- ASSIGNABLE PURCHASE CONTRACT IS FOR SALE
- $10,000 NON REFUNDABLE EARNEST MONEY
- SOLD "AS-IS" NO REPAIRS OR WARRANTIES
- SERIOUS OFFERS ONLY
- PRICE IS FIRM

All showings will be scheduled after proof of funds is provided, along with articles of incorporation. Contact George at 312-444-0957

Location:

DIVISION & DAMEN AVE., CHICAGO, AL 60622

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.