4055-57 W 21st Place, CHICAGO IL 60623 Photo 1
Listing Courtesy of Dream Town Realty

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4055-57 W 21st Place - "Cash Cow" North Lawndale 6 unit greystone includes adjacent vacant lot. All units are 2 bedrooms with some long term tenants. What a deal! This property has potential Cap Rate north of 16%. Very low expenses and very well maintained property. Each unit has individual heating systems. Perfect property for the new or seasoned investor. Call to make an appointment today.

Listing information

  • MLS® ID: 09351903
  • Status: Active with Contingency
  • New Construction: No
  • County: Cook
  • Style: Multi-Family
  • Stories: 4
  • Foreclosure: No
  • Year Built: 1908
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $2,998

Features

Approximate Age Older
Built Before 1978 (Y/N) Yes
Contingency Flag Attorney/Inspection
Franchisor Feed(y/n) No
Heat/Ventilation None
Information 24-Hr Notice Required, Listing Agent Must Accompany
Other # Of Units - 6, Electricity Expense - 516, Fuel Expense - 0, Gross Rent Multiplier - 5.1, Gross Rental Income $ - 57000, Insurance Expense - 4300, Janitor Expense - 0, Net Oper Income $ - 45142, Net Operating Income Year - 2014, Other Expenses - 0, Repairs-Decor Expense - 0, Scavenger Expense - 1320, Tax Year - 2014, Total Annual Exp - 11858, Total Annual Income - 57000, Total Monthly Income - 4750, Township - West Chicago, Water Expense - 1724, Zoning Type - Multi
Possession Closing
Property Type Multi Family 5+
Tenant Pays Electric, Heat
Type Multi-Family Flats
Listing Courtesy of Dream Town Realty