348-358 W 74TH Street, CHICAGO IL 60621 Photo 1
Listing Courtesy of Michael Realty & Associates

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348-358 W 74TH Street - 36 UNIT YELLOW BRICK COURTYARD CORNER BUILDING IN UP & COMING AREA. 12 STUDIOS & 24 1 BEDROOM APTS. STUDIOS RENT $550 AND 1 BEDROOMS ARE $625/MONTH. 90% RENTED WITH PERFORMING TENANTS. ELECTRICAL SERVICE IN EACH APT. NEWER BATHS & KITCHENS, NEW OAK CABINETS & COUNTER TOPS. NEWER ROOF, HARDWOOD FLOORS, NEW STEEL PORCHES. NO VIOLATIONS. "CASH COW"! TENANTS PAY ELECTRIC & COOKING GAS.

Listing information

  • MLS® ID: 09370413
  • 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: $5,181

Features

Air Conditioning None
Approximate Age Older
Built Before 1978 (Y/N) Yes
Construction Brick
Current Use Residential-Multi-Family
Electrical Service 201-600 Amps
Exterior Building Type Brick
Fire Protection Fire Extinguisher/s
Franchisor Feed(y/n) No
Heat/Ventilation Gas, Steam
Information 24-Hr Notice Required, Listing Agent Must Accompany
Other # Of Ranges - 36, # Of Refrigs - 36, # Of Units - 36, Electricity Expense - 3223, Expense Year - 2015, Fuel Expense - 14000, Gross Rent Multiplier - 3.85, Gross Rental Income $ - 25920, Insurance Expense - 5375, Janitor Expense - 6600, Net Oper Income $ - 20282, Net Operating Income Year - 2015, Other Expenses - 0, Repairs-Decor Expense - 10000, Scavenger Expense - 3000, Tax Year - 2015, Total Annual Exp - 56379, Total Annual Income - 259200, Total Monthly Income - 21600, Township - Lake, Water Expense - 9000, Zoning Type - Multi
Owners Assoc (Y/N) No
Property Type Multi Family 5+
Tenant Pays Electric, Other
Type Multi-Family Courtyard
Listing Courtesy of Michael Realty & Associates