8739 S Racine Avenue, CHICAGO IL 60620 Photo 1 8739 S Racine Avenue, CHICAGO IL 60620 Photo 2
Listing Courtesy of Re/Max Synergy

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8739 S Racine Avenue - Outstanding eight unit building. Many upgrades including recent tuckpointing,hot water tank, stairwell carpeting. Porches replaced in 2008, roof in 2004. Hardwood floors. Tenants pay, heat, cooking gas & electricity.Each unit has its own individual boiler. Unfinished basement with three entrances. A good money maker ! 48 hour notice for showings. Virtual Tour

Listing information

  • MLS® ID: 09303383
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Multi-Family
  • Stories: 3
  • Foreclosure: No
  • Year Built: 1925
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $7,662

Features

Approximate Age Older
Built Before 1978 (Y/N) Yes
Construction Brick
Franchisor Feed(y/n) No
Fuel Expense Source Owner Projection
Heat/Ventilation Hot Water, Separate Per Unit
Information 48-Hr Notice Required
Other # Of Ranges - 8, # Of Refrigs - 8, # Of Units - 8, Electricity Expense - 600, Expense Year - 2016, Fuel Expense - 1800, Gross Rent Multiplier - 5.52, Gross Rental Income $ - 4900, Insurance Expense - 3200, Janitor Expense - 1000, Net Oper Income $ - 36538, Net Operating Income Year - 2016, Other Expenses - 0, Repairs-Decor Expense - 2000, Scavenger Expense - 1200, Tax Year - 2015, Total Annual Exp - 22262, Total Annual Income - 58800, Total Monthly Income - 4900, Township - Lake, Water Expense - 4800, Zoning Type - Multi
Possession Closing
Property Type Multi Family 5+
Tenant Pays Electric, Heat
Type Multi-Family Flats
Listing Courtesy of Re/Max Synergy