Chicago Multi-Unit Cash Cow: Fully Occupied Brick Building!

  • [Pending]
7XX W 72nd St, Chicago, IL 60621, USA
Pending

Chicago Multi-Unit Cash Cow: Fully Occupied Brick Building!

7XX W 72nd St, Chicago, IL 60621, USA
  • [Pending]

Overview

Property ID: 18853
  • Residential
  • Property Type
  • 12
  • Bedrooms
  • 6
  • Bathrooms
  • 4,700
  • sqft

Description

Englewood 6-Unit Investment with High Potential in Chicago, IL!

Explore this investment opportunity with a 4,700 sq ft 6-unit building located at 7XX W 72nd St, Chicago, IL 60621, in the dynamic Englewood neighborhood. Featuring 12 bedrooms and 6 bathrooms, offers a mix of paying tenants and rehab potential.


šŸ’ø Financial Snapshot:
  • Listing Price: [Pending]
  • After Repair Value (ARV): $485,000 šŸ“ˆ
  • Rehabilitation Estimate: $108,000 (Full Gut Rehab) šŸ”§
  • Rent Roll: $750, $500, $750, $850, $500, $750 per unit

šŸ“ Property Details:
  • Occupancy: Mostly occupied with paying tenants, one unit non-paying.
  • Rehab Potential: Varying unit conditions suggest a full gut rehab may be beneficial.
  • Location: Situated in Englewood, known for its rental market demand.

āœ… Investment Appeal:
  • Steady Income: Current rent roll indicates profitable returns.
  • Size & Layout: Ample space with 2 bedrooms & 1 bathroom in each unit.
  • Rehab Upside: Opportunity to enhance value and increase rents post-rehab.

šŸ’° Comparable Sale:
  • 6441 S Aberdeen St #1 Chicago, IL 60621 sold for $485,000

A significant opportunity for rental income or a flip project in a promising Chicago neighborhood.


Visiting the Property: To discover its potential, schedule a viewing. Call (773) 985-7343 for more details.

For Any Questions Or Further Interest Please Call: (773) 985-7343


Explore more in Englewood: Click Here!
Learn about Englewood: Click Here!

Details

Updated on April 5, 2024 at 5:39 pm
  • Property ID: 18853
  • Price: [Pending]
  • Property Size: 4,700 sqft
  • Bedrooms: 12
  • Bathrooms: 6
  • Property Type: Residential
  • Property Status: Pending
  • Address 7XX W 72nd St, Chicago, IL 60621, USA
  • City Chicago
  • State/county Illinois
  • Zip/Postal Code 60621
  • Country United States

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