7.89% Cap Rate, 9.85% GRM and $102,529 NOI in Albany Park, East of Pulaski. This corner brick 2 story building features 2 retail stores consist of 4150 in total SF, 7 apartments: 1 (3/1), 5 (2/1), and 2 (1/1). All 7 residential units are leased to long term tenants (way below market rent), all units have central heating and window AC units, 10' ceilings. M & J Liquor's & T&B restaurant's leases are good through 8/23 & 1/24 respectively, central HVAC units for these two retail stores & unfinished basement. Newer Roof. Note that, Seller owns the restaurant kitchen equipments and refrigerations. 58x125 lot size. Upgrades are needed to maximize rental incomes. Perfect for investors who are looking to buy and hold, or a good value-added investment.
|Status Changed from New to Active||–|
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Coldwell Banker Residential Brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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 deemed reliable but not guaranteed.
Listing information last updated on April 8th, 2020 at 12:51pm CDT.