7444 S kimbark Avenue, CHICAGO IL 60619 Photo 1 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 2 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 3 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 4 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 5 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 6 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 7 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 8 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 9 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 10 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 11 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 12 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 13 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 14 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 15 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 16 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 17 7444 S kimbark Avenue, CHICAGO IL 60619 Photo 18
Listing Courtesy of Fulton Grace Realty

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7444 S kimbark Avenue - No work needed here at this excellent South Shore investment opportunity! This cash-flow cow is minutes away from the upcoming Tiger Woods golf course & Obama Presidential Library! It is currently netting more than $23k annually - with room to increase. True Arm Chair investment with everything in place for you. Improvements include new windows, extensive tuck-pointing and concrete work over the entire building, all new kitchens & baths, new flooring throughout, new doors, new fence/landscaping. All three units currently rented - grossing close to $3k per month. Price includes the adjacent lot to the south (zoned R3, 25x126, 20262240230000) which can also be developed into additional income producing property down the road.

Listing information

  • MLS® ID: 09596083
  • Status: Active
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $5,139
  • Style: 3 Flat
  • Total Rooms: 14
  • New Construction: No
  • County: Cook
  • Beds: 8
  • Stories: 0
  • Foreclosure: No

Features

Age Unknown
Appliances/Features Unit 1 Refrigerator, Stove
Appliances/Features Unit 2 Refrigerator, Stove
Appliances/Features Unit 3 Refrigerator, Stove
Area CHI - South Shore
Basement Full
Basement Description Partially Finished, Unfinished
Built Before 1978 (Y/N) Yes
Equipment Humidifier, Intercom
Exterior Building Type Brick
Foundation Concrete
General Information Commuter Bus, Commuter Train
Heat/Fuel Forced Air, Gas
Lot Size Less Than .25 Acre
Other # Full Baths in Building - 3, # Full Baths-Unit 1 - 1, # Full Baths-Unit 2 - 1, # Full Baths-Unit 3 - 1, # Half Baths in Building - 0, # Half Baths-Unit 1 - 0, # Half Baths-Unit 2 - 0, # Half Baths-Unit 3 - 0, # Of Bdrms - Unit 1 - 2, # Of Bdrms - Unit 2 - 3, # Of Bdrms - Unit 3 - 3, # Of Rooms - Unit 1 - 5, # Of Rooms - Unit 2 - 6, # Of Rooms - Unit 3 - 6, Bedrooms (Below Grade) - 0, Floor # - Unit 1 - 1, Floor # - Unit 2 - 2, Floor # - Unit 3 - 3, Gross Expenses $ - 14163, Gross Rental Income $ - 35184, Net Oper Income $ - 21021, Special Service Area - N, Tax Year - 2015, Total # Units in Building - 3, Total Full/Half Baths - 0, Township - South Chicago, Zoning Type - Multi
Ownership Fee Simple
Parking Space/s
Parking Details Off Alley
Parking On-Site Yes
Parking Ownership Owned
Possession Closing
Property Type Two to Four Units
Recent Rehab (Y/N) Yes
Roof Type Rubber
Sewer Sewer-Public
Special Assessments U
Tax Exemptions None
Tenant Pays - Unit 1 Electric
Tenant Pays - Unit 2 Electric, Gas, Heat
Tenant Pays - Unit 3 Electric
Type-Multi 3 Flat
Virtual Tour None
Water Lake Michigan, Public
Waterfront (Y/N) No
Listing Courtesy of Fulton Grace Realty