7152 S Emerald AVE, Chicago, IL 60621
7152 S Emerald AVE, Chicago, IL 60621
7152 S Emerald AVE, Chicago, IL 60621
7152 S Emerald AVE, Chicago, IL 60621
7152 S Emerald AVE, Chicago, IL 60621
7152 S Emerald AVE, Chicago, IL 60621
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$ 750,000
Est. payment | /mo

7,215 SqFt


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$ 750,000
Est. payment | /mo
Save

7,215 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 7,215 sqft

Price per Sqft $103

MLS Listing ID 12597272

Maintenance Fees $1,800

Year Built 1883

Annual Tax Amount $7,232

Tax Year 2024

Lot Dimensions 50 X 125

Property Sub-Type Multi Family 5+

Property Description

Stately 6 unit apartment building for sale in emerging Englewood. The property is fully rented and cash flowing, and is currently operating at a 10 + CAP rate. The property underwent an extensive rehab with numerous updates including new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, new laundry room and much more. This building has an excellent unit mix with 3 x 2 bedrooms and 3 x 3 bedrooms. All major mechanicals are updated including plumbing, individual furnaces and hot water tanks, newer electrical panels and wiring. This is a tenant paid utility set up that allows the owner to have very low operating costs. The building is a large corner building with excellent curb appeal. There is an updated common hallway as well as a large area in the back for tenant parking. The building is fully rented and is stable and cash flowing. Perfect arm chair investment opportunity

Location

State IL

County Cook

Area Chi - Englewood

Zoning MULTI

Rooms

Basement Unfinished

Interior

Cooling None

Fireplace N

Exterior

Roof Type Rubber

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Others

HOA Fee Include None

Midwest Real Estate Data (MRED) IDX
Listed by Anthony Golob of  Halsted Taylor Real Estate 

Nearby Locations

Kathryn (Kathy) Jensen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 757-8864

kjensen@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642, USA

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7152 S Emerald AVE