314 East 75th StreetChicago, IL 60619Sale Price: $400,000

  • Sale Price: $400,000
  • 319 Days Since Sale
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Federal 30-year interest rate: 6.87% last updated on Jun 20, 2024
* 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.
  • 8,700Square Feet
  • 1924Year Built

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Excellent investment opportunity in the heart of Park Manor. Mixed Residential and commercial building consisting of 3 occupied stores Featuring Mabe's Deli as the business hub. There are also 8 1 bedroom 1 bath apartments and a 5 car brick garage for additional income with minor deferred maintenance. All mechanics are newer and in excellent condition. This building is currently cash flowing with pre-determined rent increases coming soon. Existing Cap Rate is 13 and Pro Forma Cap Rate of 18. Building can be purchased as a package deal with 301 E. 75th St if desired.

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Listed by David Johnson of eXp Realty,LLC

Listing Sold by Exit Strategy Realty

Based on information submitted to MRED  as of June 23, 2024 . 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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