Description
The property consists of two 4-Bedroom, 2-Bath apartments and one 3-Bedroom, 1-Bath apartment. The property was 100% updated in 2021 including brand new electric, plumbing, hot water tanks, roof, porches, and individual furnaces. All of the apartments were also completely redone in 2021 and include a spacious layout with high ceilings. There is a three-car striped parking slab located directly behind the property. The property is currently fully occupied with a rent roll that totals $5,910 per month of which approximately 83% is paid by the Chicago Housing Authority (CHA). This opportunity gives an investor the chance to purchase a turn-key investment and cash flow for years to come. Photos taken before tenants moved in. Can be sold with Greystone 2-flat located at 5314 S. May. (MLS#11307214). Please note that Proof of Funds are required before showing. Please also note that this property likely will not work for a live-in buyer because of long term leases.
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11BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
Description
The property consists of two 4-Bedroom, 2-Bath apartments and one 3-Bedroom, 1-Bath apartment. The property was 100% updated in 2021 including brand new electric, plumbing, hot water tanks, roof, porches, and individual furnaces. All of the apartments were also completely redone in 2021 and include a spacious layout with high ceilings. There is a three-car striped parking slab located directly behind the property. The property is currently fully occupied with a rent roll that totals $5,910 per month of which approximately 83% is paid by the Chicago Housing Authority (CHA). This opportunity gives an investor the chance to purchase a turn-key investment and cash flow for years to come. Photos taken before tenants moved in. Can be sold with Greystone 2-flat located at 5314 S. May. (MLS#11307214). Please note that Proof of Funds are required before showing. Please also note that this property likely will not work for a live-in buyer because of long term leases.
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Based on information submitted to the MRED as of 2022-05-18T19:01:24.84 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
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