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3803 Ohio Street, CHICAGO, IL – $350,000

  • $350k Price
  • $350k Price

3803 Ohio Street

Great investment opportunities for 8-unit all brick apartment building in Humboldt Park, 2 three-bedroom units and 6 two-bedroom units. Potential rent ~ $10600 per month ( pro forma). All units are ready for rehab. Works have been done, including exterior tuckpointing, New roof; Interior majority work of electricity, plumbing, HVAC duck have been done. Extra lots on the backyard for secured parking lots with new Iron gate. Each unit has separate storage space in the basement. Close proximity to Garfield Park Conservatory / schools / public transportation. ARV ~ $800-900k, with rent $10600 per month. Cap rate ~ 18%. Need $200-250k rehab cost. After rehab, cash flow beautifully. After rehab, immediately gain $250-300k profit. Located in Chicago Opportunity Zone. Great for 1031 exchange, withhold a few years, with gains tax free. Sold As-IS condition. Cash buyers only.

Essential Information

  • MLS® #10500730
  • Price$350,000
  • Acres0.00
  • Year Built1920
  • TypeCommercial
  • Sub-TypeMulti Family 5+
  • StatusActive

Community Information

  • Address3803 Ohio Street
  • AreaCHI - Humboldt Park
  • CityCHICAGO
  • CountyCook
  • StateIL
  • Zip Code60624

Amenities

  • Parking Spaces10

Interior

  • CoolingCentral Air
  • Stories2

Heating

Central Heat/Indiv Controls, Electric

Exterior

  • ExteriorBrick
  • RoofFlat
  • ConstructionBrick, Wood Frame
  • FoundationConcrete

Additional Information

  • ZoningMULTI

Listing Details

  • Listing OfficeAccess Real Estate Inc
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Price Change History for 3803 Ohio Street, CHICAGO, IL (MLS® #10500730)

Date Details Change
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 September 17th, 2019 at 11:36am CDT.