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$550,000
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| MLS# | 06825699 | | List Date | 3/11/2008 | | Type | Commercial | | Style | 3 Story | | Area | Washington Park | | Units | 29 | | Lot Size | 161 x 100 | | Parking | 8 | | Taxes | $21,323.00 | | Tax Year | 2006 | | | | | | | | |
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| Wow! Calling All Investors & Developers! Proven Money Making 29-Unit Investment Property over entire Block on Busy Garfield Blvd in Appreciating Washington Park! Consisting of 22-Large Apartments (12-3 Bedroom. 4-2 Bedroom. 6-1 Bedroom) & 7 Storefronts. ALL 29 tenants pay own electric, gas & Heat. This Building was recently in a Fire and is being Sold in "As-Is" Condition. Perfect Condo Conversion or Renovate as Investment Property! Income Data, Annual Expense, & CAP Rate Reflect the True Numbers before the Fire. Building Currently Vacant. |
| Interior Features |
22-Residential Apratments and 7-Store Fronts. Enormous Unfinished Basement. |
| Exterior Features |
In Busy Commercial District. 8-Parking Spaces in Back of Building. 3-Story Wood deck spanning entire back length of building. |
| Additional Features and Amenities |
Centrally Located in a Busy Commercial District, 2 Blocks from the Green “EL” Line, 3 Blocks from the Orange “EL” Line, and 2 Blocks from the Metra Train Station. This property is also 2 blocks away from Washington Park, The proposed area for the 90,000 Seat Olympic Stadium, should Chicago host the 2016 Summer Olympic Games! Learn more about the City plans for venues here at: http://chicago2016.org/venue_gallery.aspx . This building has two Addresses as it entails 2-Large Buildings, 118 E. Garfield, and 5450-52 S. Indiana Ave. See Virtual Tour |
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