$998,900
5938-40 S Calumet Avenue Chicago, IL 60637
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$998,900
Est. payment /mo
UPDATED:
08/17/2024 08:27 AM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 11812675
Year Built 1920
Annual Tax Amount $7,664
Tax Year 2021
Lot Dimensions 50X170
Property Description
Vintage 1920's 8 unit apartment building in the South Side's emerging Woodlawn quadrant. All units have generous room sizes, nine foot ceilings, oroginal restored hardwood floors. All eight units have separate gfa furnaces and hot water tanks. The apartment mix consists of A: 5, 4 bedroom, 1 bath units, B. 1, 3 bedroom, 1 bath unit; C. 1 1 bedroom, 1 bath unit; D. 1 studio unit. All units are leased. Cap rate on property is 8.7 Note the spacious lot dimensions. Property has a large gated rear yard for tenant enjoyment . some parking off the alley
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Fireplace Y
Exterior
Utilities Available Sanitary Sewer, Sewer-Storm Available, Water-Municipal
View Y/N true
Roof Type Tar and Gravel
Building
Foundation Concrete Perimeter
Structure Type Brick,Concrete,Stone
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Marguerite Dooley • Charles Rutenberg Realty of IL
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