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400 E 109th Street
Chicago IL 60628 US

$400,000

Active Under Contract Listing ID 12068350
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$400,000

Active Under Contract Listing ID 12068350
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400 E 109th Street This 6-unit building offers an exceptional investment opportunity, boasting a strong cap rate of 12.3% to ensure solid positive cash flow. Comprising five 2-bed/1-bath units and one 1-bed/1-bath garden apartment, each unit features hardwood floors and spacious layouts with generously sized great rooms and large eat-in kitchens. Recent upgrades, including copper plumbing, updated electric systems, and extensive masonry work, enhance the building's value while reducing maintenance needs. Additionally, the property provides convenient onsite laundry facilities and five parking spaces at the rear. Positioned on a serene, tree-lined street near the esteemed Gwendolyn Brooks College Preparatory campus and Palmer Park, its location is highly desirable. This 6-unit walk-up presents an attractive opportunity for investors seeking strong cash flow and potential value appreciation in a prime Chicago location.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 400000
  • unparsedaddress: 400 E 109th Street
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60628
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Angela Mana
  • listagentemail: allbestrealty@gmail.com
  • listagentkey: 3yd-MREDIL-45618
  • listagentmlsid: 45618
  • listagentpreferredphone: 2244121296
  • listagentofficephone: 8475637070
  • listofficekey: 3yd-MREDIL-6496
  • listofficemlsid: 6496
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1962
  • listingcontractdate: 2024-05-28
  • listagenturl: http://barragency.com
  • countyorparish: Cook
  • parcelnumber: 25154070430000
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: True
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12068350/?channel=rexren", "LeadRoutingEmail":"allbestrealty@gmail.com", "BrokerName":"Barr Agency, Inc", "ListingTitle":"Commercial Sale - Chicago, IL", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"akatsman@barragency.com", "ListOfficeAddress1":"1110 W Lake Cook Rd., Ste. 3", "ListOfficeAddress2":null, "ListOfficeCity":"Buffalo Grove", "ListOfficePostalCode":"60089", "ListOfficeStateOrProvince":"IL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Barr Agency, Inc", "ListBrokeragePhone":"(847) 687-7771", "ListBrokerageEmail":"akatsman@barragency.com", "ListBrokerageWebsiteUrl":"http://barragency.com", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"1110 W. Lake Cook Rd", "ListBrokerageUnitNumber":"Suite 375", "ListBrokerageCity":"Buffalo Grove", "ListBrokerageStateOrProvince":"IL", "ListBrokeragePostalCode":"60089", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-06-19T21:05:01Z", "Neighborhoods":[{"Name":"CHI - Roseland", "Description":null}], "Taxes":[{"TaxYear":"2022", "TaxAnnualAmount":3319, "TaxDescription":null}]}
Listing Changed: 6/20/2024 2:43:05 AM GMT
Source Updated Date: 6/26/2024 6:46:12 AM GMT

Courtesy of: Angela Mana, Barr Agency, Inc, radian1111@gmail.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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