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12022 S Parnell Avenue

Chicago, IL 60628
  • $139,000
  • STATUS: Active Under Contract
  • ON SITE: 84 Days
  • MLS #: 11740066
Under Contract
UPDATED: 225 min ago
$139,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:

School Ratings & Info

Description

Calling all investors! Check out this 7 unit 5,684 sq/ft residential building in West Pullman with the potential for rents of $6,300+ per month. Cost per unit is $21,285.71 and the building is $26 sq/ft. The building needs some work but could be quickly turned around. The building has parking spaces for all the units in the rear and taxes average out to about $900/yr per unit occupied. The building is being sold as-is and there are some city violations that will be assumed by the buyer because the seller never got the chance to rent the building. The seller is motivated so let's make a deal happen.

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© 2023 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 MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-06-09T23:58:58.01 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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.

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12022 S Parnell Avenue Chicago, IL 60628

  • Price: $139,000
  • Status: Active Under Contract
  • On Site: 84 Days
  • Updated: 225 min ago
  • MLS #: 11740066
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1970
Built
Neighborhood:
Chi - West Pullman
County:
Cook
Area:
Chi - West Pullman
Property Description
Calling all investors! Check out this 7 unit 5,684 sq/ft residential building in West Pullman with the potential for rents of $6,300+ per month. Cost per unit is $21,285.71 and the building is $26 sq/ft. The building needs some work but could be quickly turned around. The building has parking spaces for all the units in the rear and taxes average out to about $900/yr per unit occupied. The building is being sold as-is and there are some city violations that will be assumed by the buyer because the seller never got the chance to rent the building. The seller is motivated so let's make a deal happen.
Exterior Features

Exterior Building Type Brick Parking Total 8 Roof Structure FlatPitched

Interior Features

Cooling Window Unit(S) Heat Ventilation Radiators

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Building Area Total 5684 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - Has Seller Written Direction Electric Circuit Breakers Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Maintenance Expense 0 Mls Actual Status Contingent Net Operating Income 0 Operating Expense 0 Ownership Types Corporation Tax Annual Amount 6960 Tax Year 2021 Tenant Pays Electricity Total Monthly Income 0 Township Lake Type Multi Family 5+ Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Xr Realty: 773-234-8155.


© 2023 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 MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-06-09T23:58:58.01 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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.

Digital Millennium Copyright Act
 
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