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1521 W 78th Street, Chicago, IL

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1521 W 78th Street

Chicago, IL 60620-4232 - Gresham MF Submarket

Property Type:Multi-Family Number of Units:17 Status:Existing Year Built:1927
Stories:3 Building Size:18,579 SF Land Area:.15 AC (6,708 SF)
For Sale Price:$634,900 Price/Unit:$37,347.06 Cap Rate:13.56 % GRM:-


Location Corner: SE

Property Description: Storefront Retail/Residential

Sale Notes:
95% occupied eighteen unit turnkey investment opportunity. Updated kitchens & bathrooms, new porch in 2015, recently replaced windows & separate tenant paid forced air heat in every unit.

(18) units total --- (11) two bedroom, (6) one bedroom & one retail space

100% of residential units are occupied. Add value by rehabbing and leasing the retail space.
Located in Gresham neighborhood of Chicago. Easy access to national retailers along Ashland Ave. Easy access to city Buses just out the front door along Western Ave or 79th Street.

Chicago Real Estate Resources
Timothy Keenan
(312) 228-4697

Steven Rapoport
(773) 327-9300 x230

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