$ 1,050,000
7700 S East End AVE Chicago, IL 60649
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$ 1,050,000
Est. payment | /mo
$ 1,050,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12128787
Maintenance Fees $11,000
Year Built 1924
Annual Tax Amount $14,750
Tax Year 2022
Lot Dimensions 6449
Property Description
This property is the investment opportunity you've been looking for! All units are currently rented, with only 2 units still available, and all rents are current. The building, which consists of 16 units including 3-2 bedroom apartments and 13-1 bedroom units, is situated in South Shore, where the Obama Center is under construction, leading to significant revitalization in the area. The roof is less than 5 years old, the boiler is regularly maintained, and the hot water tank is approximately 10 years old. Additionally, there is a camera system installed on the building that will be retained. Some of the units have been renovated, and both the building and the neighborhood are peaceful and quiet. Priced to sale perfect for the investor looking for that 1031 exchange investment!
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Interior
Fireplace N
Exterior
Roof Type Reflective Coating
Building
Dwelling Type Multi Family 5+
Level or Stories 3
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Shari Smith • Red Pro Realty LLC
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Sanjay Marathe
REALTOR® | Lic# 475168373