3200 W Fulton Boulevard, CHICAGO IL 60624 Photo 1 3200 W Fulton Boulevard, CHICAGO IL 60624 Photo 2 3200 W Fulton Boulevard, CHICAGO IL 60624 Photo 3 3200 W Fulton Boulevard, CHICAGO IL 60624 Photo 4 3200 W Fulton Boulevard, CHICAGO IL 60624 Photo 5 3200 W Fulton Boulevard, CHICAGO IL 60624 Photo 6 3200 W Fulton Boulevard, CHICAGO IL 60624 Photo 7 3200 W Fulton Boulevard, CHICAGO IL 60624 Photo 8 3200 W Fulton Boulevard, CHICAGO IL 60624 Photo 9 3200 W Fulton Boulevard, CHICAGO IL 60624 Photo 10 3200 W Fulton Boulevard, CHICAGO IL 60624 Photo 11 3200 W Fulton Boulevard, CHICAGO IL 60624 Photo 12 3200 W Fulton Boulevard, CHICAGO IL 60624 Photo 13
Listing Courtesy of Berkshire Hathaway Homeservices Koenigrubloff

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3200 W Fulton Boulevard - This property is a unique opportunity to own a multi-family in a B3-2 Zoning. This Zoning is extremely conductive to the development of mixed use development. Only a short 2 block walk to Kenzie Green Line stop & 1 block from Kedzie NW Union Pacific West stop. Approximately 20 minute commute to the loop the property has gone through an extensive rehab: tear off roof, new boiler, two hot water, all new lintels, complete tuck pointing, striped and paved parking lot (15 spots), complete renovation of interiors, new radiators. Still opportunity for value add with extra storage/community space in basements. Each unit has large walk in pantries. Beautiful new store front style door in front entrances, fitted w/ buzzer system. Property is vacant, with the intent to begin occupying un9its October 1st. strong opportunity to fill property with your own Tenant Selection Plan. Structurally, this building is sound, city inspectors & permits have been involved through the entire restoration process. Virtual Tour

Listing information

  • MLS® ID: 09346073
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Multi-Family
  • Stories: 3
  • Foreclosure: No
  • Year Built: 1899
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $10,678

Features

Air Conditioning Window Unit/s
Approximate Age New Rehab
Basement Description Unfinished
Built Before 1978 (Y/N) Yes
Construction Brick
Current Use Residential-Multi-Family
Electrical Service 0-100 Amps, Circuit Breakers, Fuses, Over 600 Amps, Separate Meters
Exterior Building Type Brick, Vinyl Siding
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access Public Road, Signal Intersection
Fuel Expense Source Broker Projection
Heat/Ventilation Radiators, Steam
Information 24-Hr Notice Required
Known Encumbrances None Known
Misc Outside Enclosed Porch, Security Gate, Security Lighting
Other # Of Ranges - 24, # Of Refrigs - 24, # Of Units - 24, Approx Total Bldg Sq Ft - 3315, Electricity Expense - 5000, Fuel Expense - 23000, Gross Rent Multiplier - 5.5, Gross Rental Income $ - 28800, Insurance Expense - 7000, Janitor Expense - 2400, Net Oper Income $ - 16012, Other Expenses - 44505, Repairs-Decor Expense - 14400, Scavenger Expense - 7000, Tax Year - 2014, Total Annual Exp - 150784, Total Annual Income - 296700, Total Monthly Income - 24725, Township - West Chicago, Water Expense - 19000, Zoning Type - Other
Outdoor Parking 13-18 Spaces
Ownership Type Limited Liability Corp
Possession Closing
Potential Use Condominium, Other, Residential-Multi-Family
Property Type Multi Family 5+
Roof Coverings Membrane, Reflective Coating, Rubber, Tile
Roof Structure Flat
Sale Terms Cash Only, Conventional
Tenant Pays Air Conditioning, Electric, Other
Type Multi-Family Garden Complex
Unincorporated (Y/N) No
Listing Courtesy of Berkshire Hathaway Homeservices Koenigrubloff