This is your opportunity for passive income with a 10.4% cap rate! Massive 8 unit building with a mix of 5 bedrooms (1), 4 bedrooms (3), 3 bedrooms (2) and 2 bedrooms (2). All units are setup for tenants to pay their own utilities. Capital improvements from 2019-2021 include: New Roofing, new siding (enclosed porch), 4 new furnaces, 1 new hot water tank, a new ejector pump, some doors and common area carpeting, as well as most of the units have been remodeled. The pictures and floorplan are of the vacant 4 bed/2 bath unit. This building produces great income sitting on King Dr, close to public transportation and shopping. Dedicated laundry space in basement can be your project along with the 6 car garage.

Based on information submitted to MRED as of May 30, 2023 . 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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Your Questions & Comments I found a listing on "The Jelinek Group" which you may be interested in:

7310-14 South King DriveChicago, IL 60619Sale Price: $710,000

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The Jelinek Group