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7121 S Normal Boulevard

Chicago, IL 60621
  • $849,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 12293743
Price Reduced
UPDATED: 54 min ago
$849,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1897
County:
Area:

School Ratings & Info

Description

Pleased to present the exclusive opportunity to acquire to 7121-7123 S Normal Ave , a multi-family building comprised of 6 specious unit, three 3 BD/1.5 BA and three 3 BD/1 BA units. The building was gut rehabbed roof to basement. Construction was completed in January of 2025 . All inspections done awaiting certificate of occupancy. At present, this property is fully leased with high rent tenants. Acquiring this property at 10.1 CAP rate could be a significant & unique addition to one's real estate investment portfolio. Broker owned/Interest. Amenity upgrades will include 1 parking spaces for each unit for additional income Building amenities include free of charge to tenants washer and dryer that can be converted to commercial washer and dryer units for additional income.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2025-03-16T15:01:00.687 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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7121 S Normal Boulevard Chicago, IL 60621

  • Price: $849,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 54 min ago
  • MLS #: 12293743
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1897
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Pleased to present the exclusive opportunity to acquire to 7121-7123 S Normal Ave , a multi-family building comprised of 6 specious unit, three 3 BD/1.5 BA and three 3 BD/1 BA units. The building was gut rehabbed roof to basement. Construction was completed in January of 2025 . All inspections done awaiting certificate of occupancy. At present, this property is fully leased with high rent tenants. Acquiring this property at 10.1 CAP rate could be a significant & unique addition to one's real estate investment portfolio. Broker owned/Interest. Amenity upgrades will include 1 parking spaces for each unit for additional income Building amenities include free of charge to tenants washer and dryer that can be converted to commercial washer and dryer units for additional income.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Outdoor Parking Parking On-Site Roof Rubber Roof Structure Flat

Interior Features

Basement Unfinished Cooling None Heat Ventilation Forced Air Number Of Dishwashers 6 Number Of Dryers 1 Number Of Ranges 6 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age New Rehab Building Area Total 8414 Built Before1978 YN Yes Electric Service - 201 to 600 Amps Gross Income 121200 Gross Scheduled Income 121200 Insurance Expense 13912 Maintenance Expense 0 Mls Actual Status Price Change Net Operating Income 85833 Operating Expense 35367 Tax Annual Amount 4219 Tax Year 2023 Tenant Pays ElectricityHeat Total Monthly Income 10100 Type Multi Family 5+ Utilities Water-Municipal

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Taty Management LLC: 773-771-6415.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2025-03-16T15:01:00.687 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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