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7024 S Clyde Avenue, Chicago, IL

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7024 S Clyde Avenue

Chicago, IL 60649-2106 - South Shore MF Submarket


Property Type:Multi-Family Number of Units:6 Status:Existing Year Built:1918
Stories:4 Building Size:9,942 SF Land Area:.14 AC (6,251 SF)
For Sale Price:$425,000 Price/Unit:$70,833.33 Cap Rate:12.00 % GRM:5.37

Parking:.67 Parking Spaces / 1,000 SF




Property Description: Multi Family - 6 Units




Sale Notes:
EXCELLENT INVESTMENT OPPORTUNITY LOCATED IN PRIME JACKSON PARK. THIS PROPERTY HAS BEEN UPDATED WITH ALL NEW ELECTRICAL. GFA HEATING,INDIVIDUAL HOT WATER TANKS,RECESSED LIGHTING, GRANITE COUNTERS AND STAINLESS STEEL APPLIANCES. PLEASE NOTE INCOME IS PRO FORMA CURRENTLY 3 UNITS OCCUPIED WITH THREE PENDING CHAC INSPECTIONS. THIS PROPERTY IS READY FOR NEW OWNERSHIP TO SIT BACK AND COLLECT THE RENT AND AT CURRENT ASKING PRICE TRUE 12 CAP

Chicago Real Estate Resources
Michael Tolliver
(773) 327-9300




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