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 - Excellent South Shore investment opportunity! Netting just over $23k with plenty room to increase. No work needed here as current owner has rehabbed this beauty from top to bottom, making it ready for you to own. 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 lot to the south in addition to the building (zoned R3, 25x126, 20262240230000) which can also be turned into additional income producing property down the road.

Listing information

  • MLS® ID: 09373957
  • Status: Active
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $3,407
  • 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