8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 1 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 2 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 3 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 4 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 5 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 6 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 7 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 8 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 9 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 10 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 11 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 12 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 13 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 14 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 15 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 16 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 17 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 18 8326-52 S Ellis Avenue, CHICAGO IL 60619 Photo 19
Listing Courtesy of Beals & Associates Ltd

No driving directions were found. Please adjust your search.

8326-52 S Ellis Avenue - Excellent Investment Opportunity in Chatham! Bundle sale of 4 - 14 unit buildings, every residential property on one block! Total units are 56 units ( 8- Studios, 36- one bedrooms, 12- two bedroom apartments). 56 parking spots in the back of the properties. Every building has 2 washers and 2 dryers, storage areas. Majority of the units have been updated within the last 10-15 years with cabinets, bathrooms, carpets and doors. All buildings have rod iron fence. Tenants pay electric. Cap Rate of 12.89% One block from Metra, Bus stop. 10 mins from University of Chicago and Chicago State Univ. Walk score of 81! Majority are long term tenants from 10-25 YEARS PLUS! A MUST SEE!!!!

Listing information

  • MLS® ID: 09320098
  • Status: Active with Contingency
  • New Construction: No
  • Estimated Annual Taxes: $49,795
  • Style: Multi-Family
  • Stories: 3
  • Foreclosure: No
  • County: Cook
  • Year Built: 1963
  • Parking Type Description: None 0 cars
  • Lot Area: 1.00

Features

Air Conditioning Window Unit/s
Approximate Age Older
Built Before 1978 (Y/N) Yes
Construction Brick
Contingency Flag Attorney/Inspection
Current Use Residential-Multi-Family
Electrical Service Fuses
Exterior Building Type Brick
Franchisor Feed(y/n) No
Frontage/Access City Street
Fuel Expense Source Actual
Heat/Ventilation Steam
Information 24-Hr Notice Required, Listing Agent Must Accompany
Other # Of Dryers - 8, # Of Ranges - 56, # Of Refrigs - 56, # Of Units - 56, # Of Washers - 8, # Of Window/Ac - 56, Electricity Expense - 4853, Expense Year - 2016, Fuel Expense - 30455, Gross Rent Multiplier - 5.34, Gross Rental Income $ - 48690, Insurance Expense - 15966, Janitor Expense - 4800, Net Oper Income $ - 33506, Net Operating Income Year - 2016, Other Expenses - 9912, Repairs-Decor Expense - 0, Scavenger Expense - 4782, Tax Year - 2015, Total Annual Exp - 144034, Total Annual Income - 486900, Total Monthly Income - 40575, Township - Hyde Park, Water Expense - 23773, Zoning Type - Multi
Outdoor Parking 51-100 Spaces
Ownership Type Individual
Property Type Multi Family 5+
Roof Structure Flat
Tenant Pays Electric
Type Multi-Family Corridor-Interior Entrance
Listing Courtesy of Beals & Associates Ltd