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Listing Courtesy of Sperry Van Ness

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- ***PRICE DROP = MOTIVATED SELLER*** 7955 S. Emerald consists (10) 2 bedroom & (2) 3 bedroom units - desirable unit mix! All units are individual furnace and hot water tanks; expenses are low. Newer windows and porches, smart metered, very low turnover, and Class 9 building. Located just a couple of blocks away of the future $21.5M Metra station planned along Metra's Rock Island District. Very low density area... a lot of upside!

Listing information

  • MLS® ID: 09281756
  • Status: Active with Contingency
  • New Construction: No
  • Lot Size: 71X125
  • Style: Multi-Family
  • Stories: 2
  • Foreclosure: No
  • Estimated Annual Taxes: $5,060
  • Year Built: 1914
  • Parking Type Description: None 0 cars
  • Lot Area: 0.20
  • County: Cook

Features

Approximate Age Older
Backup Info Backup Package
Built Before 1978 (Y/N) Yes
Construction Brick, Concrete
Contingency Flag Attorney/Inspection
Exterior Building Type Brick
Foundation Concrete
Franchisor Feed(y/n) No
Fuel Expense Source Actual
Heat/Ventilation Central Heat/Indiv Controls, Forced Air, Gas
Information 48-Hr Notice Required
Other # Of Units - 12, Electricity Expense - 899, Expense Year - 2015, Fuel Expense - 1480, Gross Rent Multiplier - 3.79, Gross Rental Income $ - 10554, Insurance Expense - 4525, Janitor Expense - 1500, Net Oper Income $ - 56245, Other Expenses - 11023, Repairs-Decor Expense - 3000, Scavenger Expense - 1604, Tax Year - 2015, Total Annual Exp - 33465, Total Annual Income - 89709, Total Monthly Income - 8795, Township - Lake, Water Expense - 4375, Zoning Type - Multi
Property Type Multi Family 5+
Roof Structure Flat
Tenant Pays Electric, Heat, Other
Type Multi-Family Flats
Listing Courtesy of Sperry Van Ness