7749 Essex Avenue

    Chicago, IL 60649
    • $520,000
    • STATUS: Active
    • ON SITE: 187 days
    • MLS #: 09799649
    $520,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,189
      SQFT
    • $43
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1915
    County:

    School Ratings & Info

    Description

    ATTENTION SOUTH SHORE INVESTORS: This is a perfect turn-key 6-UNIT COMPLETELY REHABBED, FULLY RENTED individually heated building. Located one-mile from Lake Michigan and the newly proposed $500 Million Southeast Chicago Shoreline Extension Project. Each unit is over 2,000 sq. ft. featuring 4-HUGE bedrooms, all hardwood floors throughout, full master bath, full hallway bath, whirlpool tubs, formal living room, granite countertop kitchen, laundry connections and central A/C systems. The property also has 6 brick garages that could be rented for additional income, exterior security lighting, security buzzer system and a fenced yard. This building also features 2 full basements with 2 entrances and high ceilings that could easily be converted into 2 more rentable units. Don't miss out on this rare opportunity of a fully occupied building of this size and potential. The same building on 7748 S. Colfax (2 blocks over) sold for 520K this year.

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway Koenig Rubloff - Carroll Real Estate Group. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Berkshire Hathaway Koenig Rubloff - Carroll Real Estate Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-05-19T23:52:44.543.

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    7749 Essex Avenue Chicago, IL 60649

    • Price: $520,000
    • Status: Active
    • MLS #: 09799649
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    12,189
    SQFT
    $43
    $/SQFT
    1915
    Built
    Neighborhood:
    Southshore
    County:
    Cook
    Area:
    Chi - South Shore
    Property Description
    ATTENTION SOUTH SHORE INVESTORS: This is a perfect turn-key 6-UNIT COMPLETELY REHABBED, FULLY RENTED individually heated building. Located one-mile from Lake Michigan and the newly proposed $500 Million Southeast Chicago Shoreline Extension Project. Each unit is over 2,000 sq. ft. featuring 4-HUGE bedrooms, all hardwood floors throughout, full master bath, full hallway bath, whirlpool tubs, formal living room, granite countertop kitchen, laundry connections and central A/C systems. The property also has 6 brick garages that could be rented for additional income, exterior security lighting, security buzzer system and a fenced yard. This building also features 2 full basements with 2 entrances and high ceilings that could easily be converted into 2 more rentable units. Don't miss out on this rare opportunity of a fully occupied building of this size and potential. The same building on 7748 S. Colfax (2 blocks over) sold for 520K this year.
    Exterior Features

    Construction Brick Foundation Concrete Frontage Access City Street Land Amenities Curbs And GuttersLighting/ExteriorSecurity EntranceSidewalks Lot Dimensions 50X125 Number Of Parking Spaces 6 Roof Coverings Rubber Roof Structure Flat

    Interior Features

    Air Conditioning Central Individual Basement Description UnfinishedExterior Access Indoor Parking 6-12 Spaces Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 4 Number Of Bedrooms Unit2 0 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 2 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 6 Number Of Rooms Unit2 0 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Stories 3 Number Of Units Apt Type1 6 Number Of Units Apt Type2 0 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Repairs Decor Expense 1500

    Property Features

    Age Older Built Before1978 YN Yes Current Use Residential-Multi-Family Electric Expense Source Actual Electrical Service Circuit Breakers0-100 Amps Electricity Expense 420 Expense Year 2017 Exterior Building Type Brick Fuel Expense 0 Fuel Expense Source Actual Gross Rental Income Amount 73068 Heat Ventilation Forced AirGas Insurance Expense 3457 Insurance Expense Source Actual Janitor Expense 1500 Janitor Expense Source Actual Known Encumbrances First Mortgage Miscellaneous Outside Enclosed PorchEnclosed StairsSecurity GateSecurity LightingStorms And Screens (As Exist) Monthly Income Max1 1373 Net Oper Income Amount 56414 Net Operating Income Year 2017 Other Expenses 0 Owners Assoc YN No Possession Closing Sale Terms Conventional Tax Year 2016 Taxes 6525.60 Tenant Pays Air ConditioningElectricHeat Total Annual Exp 16654 Total Annual Expense Source Actual Total Annual Income 73068 Total Monthly Income 6089 Township Hyde Park Type Multi Family Flats Unincorporated YN No Utilities To Site Water-Municipal Water Expense 1596 Water Expense Source Actual Zoning Type Multi

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Kci Realty & Consulting Llc.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway Koenig Rubloff - Carroll Real Estate Group. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Berkshire Hathaway Koenig Rubloff - Carroll Real Estate Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-05-19T23:52:44.543.

    Digital Millennium Copyright Act
     
    Berkshire Hathaway Koenig Rubloff - Carroll Real Estate Group
    980 N Michigan Avenue, Suite 900
    Chicago IL, 60611