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10656 South Michigan Avenue, Chicago, IL – $700,000

  • $700k Price
  • 2030 DOM
  • $700k Price
  • 2030 DOM

10656 South Michigan Avenue

18-unit $6k/mo Cash Flow, 10% CAP, Secure/solid brick, Class B, 12 yr Owner pride; Stable, Long term tenants (44 mo. avg. tenure), 94% Historic Occ, Renovated/well-mntnd; TENANTS PAY HEAT/GAS/ELEC; Max Exposure: 22.3k cars per day!, @CTA bus stop; Great Mix: 4 Renov Retail, 14 new apts. (2-2br, 10-1br, 2 dlx stu.); Zero deferred maint: 2008 roof, doors, windows, water heater; New kitchens/baths, Oak HW/ceramic Flr

Essential Information

  • MLS® #08715745
  • Sold Price$700,000
  • Acres0.00
  • Year Built1924
  • TypeCommercial Sale
  • StatusClosed

Community Information

  • Address10656 South Michigan Avenue
  • AreaCHI - Roseland
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60628

Exterior

  • RoofMembrane,Reflective Coating
  • FoundationConcrete Perimeter

Additional Information

  • Days on Market2030
  • ZoningRTAIL

Listing Details

  • Listing OfficePappas Realty Group, LTD
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Listing information last updated on October 22nd, 2020 at 6:15pm CDT.