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.

💸 Financial Snapshot:

• Listing Price: [Pending]
• After Repair Value (ARV): $485,000 📈
• Rehabilitation Estimate: $108,000 (Full Gut Rehab) 🔧
• Rent Roll: $750, $500, $750, $850, $500, $750 per unit

📝 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.

✅ 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.

💰 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

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