INVESTOR RETIRING - LIQUIDATING PORTFOLIO !!!
FOR SALE
ADDRESS: 8000 S Champlain Ave
CHICAGO, IL 60619
6-Unit Apartment building for Sale
3 units are rented and 3 vacant ready for new tenants
Great income property quiet and safe area lots of 6-13 unit buildings around
County: Cook
Purchase Price: $189,000
ARV: $275,000
Rental
3) 1bed +1bath $750
2) 2bed +1bath $850
1) 2bed+2bath $1400
Beds:9
Baths:7
Type: 6-unit
Sq.Ft: 7,644
Sq.Ft Lot: 5,604
Year Built: 1920
Construction: Brick
Garage: Yes 2-car
Basement:Yes
Condition:Very good
Upgrades:New Comercial Hot Water tank,
New Steam Boiler,Year
old repeated roof,windows great condition.
Repair Estimate: $3,500
Currently No S8 tenants Currently Rented: 3 out of 6 units
Rental income fully occupied $5,025
Tenants month to month agreement.
Tenants pay electric and cooking gas
Owner pays heating gas
Type of heating:Steam boiler Compare to Market Rent: low Taxes: $334/ month
Water: $312/month
Heat: $710/month
Garbage: $137/month
Insurances: $475/month
HERE ARE SIMILAR PROPERTIES SOLD:
https://www.redfin.com/IL/Chicago/8041-S-Rhodes-Av....
http://www.loopnet.com/Listing/19841475/8129-31-S-....
HERE ARE FEW PICTURES :
https://www.dropbox.com/sh/6ksxzwujcthw54e/AAAHtoG...
Melsi Bifsha
Tel: 773-968-8891