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Listing Courtesy of Cedar Realty

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2219 W Rice Street - 5 unit brick building(+1) in the prestigious Ukrainian Village, very popular in Chicago. This building is located on the same street as St.Nicholas Ukrainian Cathedral and school - heart of the Ukrainian Village. Great investment opportunity! The building is well maintained with all units updated. In April 2016 owner has improved the property with a completely new roof (with warranty), updated the porch with new siding and windows and repaired the front concrete stairs. Units feature: hardwood flooring, new windows, bright rooms, central heating and AC, large kitchens and closets in every bedroom.All separate utilities for all units. Coin operated laundry onsite.Two units have an extra separate room for the porch.One unit also has access to the deck located on top of 1 car garage. One parking spot beside the garage with a closing iron gate.This property has 8 high performance CCTV recording cameras for extra security, which can be viewed from a smartphone.

Listing information

  • MLS® ID: 09233018
  • Status: Active
  • New Construction: No
  • Lot Size: 30X120
  • Style: Multi-Family
  • Stories: 2
  • Foreclosure: No
  • Estimated Annual Taxes: $8,490
  • Year Built: 1905
  • Parking Type Description: None 0 cars
  • Lot Area: 0.08
  • County: Cook

Features

Air Conditioning Central Air
Approximate Age 36-50 Years
Basement Description Finished
Built Before 1978 (Y/N) Yes
Exterior Building Type Brick
Franchisor Feed(y/n) No
Heat/Ventilation Forced Air, Gas
Indoor Parking 1-5 Spaces
Information 24-Hr Notice Required, Show-Special Instructions
Misc Outside Balcony/ies, Enclosed Porch, Patio, Security System
Other # Of Dishwashers - 2, # Of Dryers - 1, # Of Ranges - 6, # Of Refrigs - 6, # Of Units - 5, # Of Washers - 1, Electricity Expense - 51, Fuel Expense - 0, Gross Rent Multiplier - 7, Gross Rental Income $ - 97900, Insurance Expense - 3280, Janitor Expense - 0, Net Oper Income $ - 85225, Other Expenses - 0, Repairs-Decor Expense - 0, Scavenger Expense - 0, Tax Year - 2014, Total Annual Exp - 10415, Total Annual Income - 100080, Total Monthly Income - 8340, Township - North Chicago, Water Expense - 65, Zoning Type - Multi
Outdoor Parking 1-5 Spaces
Property Type Multi Family 5+
Roof Coverings Reflective Coating, Rubber
Roof Structure Flat
Tenant Pays Air Conditioning, Electric, Heat
Type Multi-Family Four Plus One
Listing Courtesy of Cedar Realty