11843 S Sangamon Street, CHICAGO IL 60643 Photo 1 11843 S Sangamon Street, CHICAGO IL 60643 Photo 2 11843 S Sangamon Street, CHICAGO IL 60643 Photo 3
Listing Courtesy of Realty Advisors Elite Llc

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11843 S Sangamon Street - 8 UNIT BRICK BUILDING IN THE FAST APPRECIATING HISTORIC WEST PULLMAN! 5 OUT OF 8 UNITS ARE RENTED WITH VALUE ADD RENTS, WITH 2 MORE UNITS REHABBED AND ON THE MARKET TO BE LEASED AND 1 MORE UNIT IN NEED OF REHAB. POTENTIAL MONTHLY INCOME CAN BE AS HIGH AS $6400 PER MONTH! BRICK EXTERIOR, NEWER WINDOWS, GOOD REAR PORCH SYSTEM. COMMON AREAS IN PRETTY GOOD SHAPE AND HAVE BEEN RECENTLY PAINTED UNITS HAVE 2 - 3 BEDROOM WITH 1 BATH WITH SEPARATE UTILITIES. CLOSE TO TRANSPORTATION/CLOSE TO STORES AND RESTAURANTS. RUN THE NUMBERS, ASK THE QUESTIONS, TAKE A LOOK, AND SEE IF IT FITS YOUR PLANS FOR A GREAT CASH FLOW PURCHASE! THE SELLERS ARE WILLING TO WORK WITH ALL REASONABLE OFFERS.

Listing information

  • MLS® ID: 10481364
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Multi-Family
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1896
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $4,044

Features

Air Conditioning None
Approximate Age Older
Basement Description Crawl, Unfinished
Built Before 1978 (Y/N) Yes
Construction Brick
Current Use Residential-Multi-Family
Electrical Service 201-600 Amps
Exterior Building Type Brick
Fire Protection None
Franchisor Feed(y/n) No
Frontage/Access City Street
Fuel Expense Source Broker Projection
Heat/Ventilation Forced Air, Gas
Information List Broker Must Accompany
Other # Of Dishwashers - 0, # Of Disposals - 0, # Of Dryers - 0, # Of Ranges - 0, # Of Refrigs - 0, # Of Units - 8, # Of Washers - 0, # Of Window/Ac - 0, Approx Total Bldg Sq Ft - 6100, Electricity Expense - 900, Expense Year - 2019, Fuel Expense - 670, Gross Rent Multiplier - 0, Gross Rental Income $ - 44964, Insurance Expense - 2800, Janitor Expense - 0, Net Oper Income $ - 0, Other Expenses - 0, Repairs-Decor Expense - 0, Scavenger Expense - 1080, Tax Year - 2017, Total Annual Exp - 11294, Total Annual Income - 44964, Total Monthly Income - 3747, Township - Lake, Water Expense - 1800, Zoning Type - Multi
Outdoor Parking None On Site
Owners Assoc (Y/N) No
Ownership Type Corporation
Possession Closing
Property Type Multi Family 5+
Tenant Pays None, Varies by Tenant, Water/Sewer
Type Multi-Family Corridor-Interior Entrance, Flats
Unincorporated (Y/N) No
Utilities To Site Sanitary Sewer to Site, Water to Site, Water-Municipal
Washer/Dryer Lsd (Y/N) No
Listing Courtesy of Realty Advisors Elite Llc