2131 Lorel Avenue, Belmont Cragin, Chicago, Illinois 60639
$430,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1912 |
| Property Taxes: | $5,496 |
| Days On Market: | 2089 |
| Lot Size: | 0,07 |
Description
This BEAUTIFULLY maintained and recently updated building is the self sufficient investment that you've been looking for! Tear off roof in 2012, updated units done in 2015, and tuck-pointing done in 2018. Copper plumbing, new electrical wiring, 4 legal units, 4 separate gas meters and 4 separate electric meters, 4 separate utility rooms and coin operated laundry makes this thing a truly self sufficient CASH COW. Currently owned by a GC, the owner has been able to easily maintain the building with top quality craftsmanship. Fully rented at market value this could easily yield a 12%+ CAP RATE. Currently 2 units vacant and 2 units occupied: 1 unit is on a lease until the end of August, the other is on a lease until the end of next May (both are paying WAY below market value). Easily rentable to long term tenants being steps away from public transportation, elementary, middle and high schools. FHA/Conventional/Cash, bring your best offer - this is a TURN-KEY investment!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1912 | |
| Full,Walkout | |
| — | |
| No | |
| 0.07 |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan | |
| Other | |
| 10762951 | |
| 13331100100000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 30 Oct, 2020 | Sold | $430,000 | MRED MLS |
| 24 Sep, 2020 | Under contract | $440,000 | MRED MLS |
| 28 Jun, 2020 | Listed for sale | $440,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
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Floor Type: —
Dimensions: —
Floor Type: —
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: Enclosed Porch
Basement Description: Finished,Exterior Access
Other Specifics
| — | |
| — | |
| — | |
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| 25X125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
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| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2020 | $5,496 |
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Listing Provided By
Keller Williams Chicago-Lincoln Park
