SOUTH SHORE/JACKSON PARK LARGE 6 UNIT WALK UP(1600SQ UNITS) 3BD 1 BATH WITH 4 UNITS CURRENTLY OCCUPIED RENTING FOR $1250, $1150,$1200 AND $1,000 THE 5TH UNIT IS WAITING ON INSPECTION REPAIRS TO BE COMPLETED-SECTION 8 TENANT IS WAITING FOR COMPLETED UNIT. THERE IS ONE UNIT THAT STILL NEEDS REPAIRS (ESTIMATED REPAIRS 25,000.00 TO 30,000.00 INCOME AND EXPENSES ARE PRO FORMA CONSERVATIVELY BASED ON $6,600.00 MONTHLY INCOME. MUCH OF THE WORK HAS BEEN COMPLETED~UPDATED WINDOWS~UPDATED HALLWAYS~SELLER IS VERY MOTIVATED. LOCATION IS EVERYTHING WITH THIS PROPERTY. 10 MINUTES AWAY FROM DOWNTOWN CHICAGO, WALKING DISTANCE TO LAKE MICHIGAN, ACROSS THE STREET FROM JACKSON PARK WHERE SOON TO BE OBAMA LIBRARY WILL BE LOCATED ALONG WITH THE TIGER WOODS GOLF COURSE. THE MUSEUM OF SCIENCE AND INDUSTRY AND THE MARINA DOCK ARE ALSO NEARBY. LOCATION, LOCATION MUST SEE.
Gas, Hot Water, Radiators, Steam
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Listing information last updated on November 22nd, 2019 at 4:50am CST.