Price Reduction
Address
1438 S SAINT LOUIS Avenue, Chicago, IL
Price
$ 698,000
Property Attributes
- MLS#12011389
- TypeMulti-Family
- CountyCOOK
- CityChicago
- AreaCHI - North Lawndale
- NeighborhoodNorth Lawndale
- Zip60623
- Style
- Year Built1912
- Taxes$ 8023
- Price$ 698,000
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Discover the ultimate investment opportunity in North Lawndale! This captivating 7-unit multi-family property offers a blend of luxury and convenience. Recently renovated, each unit shines with modern upgrades, attracting cash-flowing tenants. With a mix of three and two-bedroom apartments, this property promises steady returns. Set in an up-and-coming area amidst new developments and renovations, it's poised for significant appreciation. Act now to secure this lucrative asset, poised to thrive as the neighborhood blossoms. Don't miss your chance to reap the rewards of this prime investment! Purchase with equity current appraisal is at 775k!! 3- 3br 4-2 br ... upgraded units
| Price History | |
|---|---|
| 4/6/2024 | Listed $750,000 |
| 5/6/2024 | 7% - $698,000 |
General Features
| Zoning | MULTI |
|---|---|
| Year Built | 1912 |
| Tenant Pays | Air Conditioning,Electricity,Heat |
| Stories | 3 |
| Tax Year | 2022 |
| Gross Income | 8350 |
| County | Cook |
| Net Operating Income | 86800 |
| Operating Expense | 13400 |
| Insurance Expense | 7704 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | GO WEST ON 1200 SOUTH ROOSEVELT RD TO SAINT LOUIS AVE,TURN SOUTH AND TRAVEL TO 1400 SOUTH,LOCATE THE ADDRESS. |
| City | Chicago |
| Total Units | 7 |
| MLS Area | CHI - North Lawndale |
| Street Name | SAINT LOUIS |
| Tax Annual Amount | 8023.5 |
| Trash Expense | 2200 |
| Water Sewer Expense | 3000 |
| Additional Parcels Y/N | No |
| Days on Market | 36 |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
Interior Features
| Street Suffix | Avenue |
|---|---|
| Basement | Finished |
Exterior Features
| Lot Dimensions | 25X125 |
|---|---|
| Exterior | Block,Stone |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60623
Price
Taxes
Visits
Year Built
