7100 West ADDISON StreetChicago, IL 60634Price: $675,000

  • Price: $675,000
  • 95 Days on Market
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Federal 30-year interest rate: 3.1% last updated on Nov 24, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1933Year Built

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Great investment property. Cash on cash return of 12%. Rents below market value due to favorable tenant discount. Separate electric and gas meters. Apartments: each are 5 room/2 bedroom and 1 bath. First apartment is 900 sq ft and the second apartment is 1,100 sq ft. There are 2 retail spaces on the main floor with long-term tenants. The space is 1368 sq ft and the general office area is 1000 sq ft with one large office of 10 x 10 and a conference room of 13 x 8. The space also encompasses the side office of 368 sq ft which has a separate reception area 9 x 16 and an office space of 13 x 16. Each unit has separate heat with central air and separate hot water. Tenants pay all utilities. Parking for 5-6 cars in back. It also has a 1-car garage. Owner was a plumber. All copper pipes. Roof 7 years. See income/expense spreadsheet in additional documents.

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Listed by Mark Latuszek of Weichert Realtors Ambassador

Based on information submitted to MRED  as of November 28, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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