Rarely available brick 5 unit! Month to month leases with long term tenants. Two units have been rented to the same tenants for over 17 years. One of those is a on a voucher that pays $1,200 towards her rent. The third and fourth units have had the same tenants for 5 and 6 years. The fifth unit will be vacant soon. Total revenue on a monthly basis from all five units plus the laundry is about $5,500. That is an annual Gross income of about $66,000. Annual expenses are approximately $16,000. Net annual income is approximately, $50,000. Great location close to hospitals, bus and train transportation.

Based on information submitted to MRED as of December 4, 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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9431 South Bishop StreetChicago, IL 60620Price: $550,000

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The Jelinek Group

9431 South Bishop StreetChicago, IL 60620Price: $550,000

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The Jelinek Group