430 E 44th Street, Chicago IL 60615 Photo 1 430 E 44th Street, Chicago IL 60615 Photo 2 430 E 44th Street, Chicago IL 60615 Photo 3 430 E 44th Street, Chicago IL 60615 Photo 4 430 E 44th Street, Chicago IL 60615 Photo 5 430 E 44th Street, Chicago IL 60615 Photo 6 430 E 44th Street, Chicago IL 60615 Photo 7 430 E 44th Street, Chicago IL 60615 Photo 8 430 E 44th Street, Chicago IL 60615 Photo 9 430 E 44th Street, Chicago IL 60615 Photo 10 430 E 44th Street, Chicago IL 60615 Photo 11
Listing Courtesy of Coldwell Banker Residential

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430 E 44th Street - Coldwell Banker Commercial NRT is pleased to present this vintage 14-unit building located in Chicago's own Bronzeville. Just being steps away from public transportation and at close proximity to Lake Shore Drive & the Dan Ryan expressway this add value opportunity is positioned for re-stabilization in a market that has shown rapid growth in the recent years. The Unit mix is fourteen (14) 1 bedroom-1 bath units ranging from 700-900 square feet each with hardwood floors in each unit with a overall total rentable square footage of 10,640.

Listing information

  • MLS® ID: 10405542
  • Status: Active
  • New Construction: No
  • Lot Size: 50X100
  • Style: Multi-Family
  • Stories: 4
  • Foreclosure: No
  • Estimated Annual Taxes: $11,006
  • Year Built: 1898
  • Parking Type Description: None 0 cars
  • Lot Area: 0.12 Acres
  • County: Cook

Features

Approximate Age Older
Basement Description Unfinished
Built Before 1978 (Y/N) Yes
Construction Brick
Electrical Service Circuit Breakers, Separate Meters
Exterior Building Type Brick
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street
Fuel Expense Source Actual
Heat/Ventilation Gas, Separate Per Unit
Indoor Parking 1-5 Spaces
Information 24-Hr Notice Required, List Broker Must Accompany
Known Encumbrances None Known
Misc Inside Storage Inside
Misc Outside Security Gate, Storms and Screens (as exist)
Other # Of Refrigs - 14, # Of Units - 14, Approx Total Bldg Sq Ft - 5000, Electricity Expense - 509, Expense Year - 2019, Fuel Expense - 11000, Gross Rent Multiplier - 4.92, Gross Rental Income $ - 212800, Insurance Expense - 9520, Janitor Expense - 0, Net Oper Income $ - 86739, Net Operating Income Year - 2019, Other Expenses - 0, Repairs-Decor Expense - 3500, Scavenger Expense - 1769, Tax Year - 2018, Total Annual Exp - 59561, Total Annual Income - 202160, Total Monthly Income - 14440, Township - Hyde Park, Water Expense - 8106, Zoning Type - Multi
Ownership Type Corporation
Possession Closing, Immediate, Tenant's Rights
Potential Use Residential-Multi-Family
Property Type Multi Family 5+
Roof Coverings Rubber
Roof Structure Flat
Sale Terms Conventional
Tenant Pays Electric, Heat
Type Multi-Family Flats
Unincorporated (Y/N) No
Listing Courtesy of Coldwell Banker Residential