721 S Karlov Avenue, CHICAGO IL 60624 Photo 1 721 S Karlov Avenue, CHICAGO IL 60624 Photo 2 721 S Karlov Avenue, CHICAGO IL 60624 Photo 3 721 S Karlov Avenue, CHICAGO IL 60624 Photo 4 721 S Karlov Avenue, CHICAGO IL 60624 Photo 5 721 S Karlov Avenue, CHICAGO IL 60624 Photo 6 721 S Karlov Avenue, CHICAGO IL 60624 Photo 7 721 S Karlov Avenue, CHICAGO IL 60624 Photo 8 721 S Karlov Avenue, CHICAGO IL 60624 Photo 9 721 S Karlov Avenue, CHICAGO IL 60624 Photo 10
Listing Courtesy of 33 Realty

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721 S Karlov Avenue - 5 UNIT MULTI-FAMILY BUILDING W/COACH HOUSE (6 UNITS TOTAL) ON A CORNER LOT. ALL UNITS REHABBED IN 2012: GRANITE COUNTERTOPS, COPPER PLUMBING, IN-UNIT FURNACE & WATER HEATER, NEW WINDOWS, HARDWOOD FLOORS, UPDATED ELECTRICAL. REAR PORCH AND ROOF IN GOOD CONDITION, UNFINISHED BASEMENT TO ADD LAUNDRY. ALL APPLIANCES INCLUDED IN SALE. ALL UNITS RENTED & COLLECTING W/ MANY LONG TERM TENANTS (MIX OF MARKET RATE AND VOUCHER). GREAT UNIT MIX WITH 5-2BD/1BR & 1-4BD/2BR. STRONG MONTHLY CASH FLOWS AND GREAT PROPERTY MANAGER WHO WILL STAY ON IF WANTED/NEEDED. MAKE AN OFFER, MOTIVATED SELLER

Listing information

  • MLS® ID: 09128081
  • Status: Active
  • New Construction: No
  • Lot Size: 33 X 125
  • Style: Multi-Family
  • Stories: 3
  • Foreclosure: No
  • Estimated Annual Taxes: $5,427
  • Year Built: 1901
  • Parking Type Description: None 0 cars
  • Lot Area: 0.09
  • County: Cook

Features

Air Conditioning None
Approximate Age Older
Built Before 1978 (Y/N) Yes
Construction Stone
Current Use Residential-Multi-Family
Electrical Service 201-600 Amps
Exterior Building Type Stone
Franchisor Feed(y/n) No
Fuel Expense Source Owner Projection
Heat/Ventilation Forced Air, Gas
Information 24-Hr Notice Required, Listing Agent Must Accompany
Other # Of Ranges - 6, # Of Refrigs - 6, # Of Units - 6, Approx Total Bldg Sq Ft - 5058, Electricity Expense - 1200, Expense Year - 2014, Fuel Expense - 0, Gross Rent Multiplier - 4.81, Gross Rental Income $ - 59220, Insurance Expense - 4600, Janitor Expense - 2100, Net Oper Income $ - 30873, Net Operating Income Year - 2014, Other Expenses - 8795, Repairs-Decor Expense - 2100, Scavenger Expense - 865, Tax Year - 2014, Total Annual Exp - 25386, Total Annual Income - 59220, Total Monthly Income - 4935, Township - West Chicago, Water Expense - 2400, Zoning Type - Multi
Ownership Type General Partnership
Possession Closing
Potential Use Residential-Multi-Family
Property Type Multi Family 5+
Roof Structure Flat
Tenant Pays Electric, Heat
Type Multi-Family Flats
Listing Courtesy of 33 Realty