Sold
Sold
$1,325,000
1456 West Fletcher Street, Chicago, IL 60657
Over $112000 (market $151,200) in annual rents. RENTS CURRENTLY BELOW MARKET VALUE BY $200 p/b YET STILL A 5% CAP RATE. Take advantage of this opt to own a stately lakeview 4-flat in burley school district; raise rents to market and receive 7-9% cap rate. Fourteen beds. Total rent income monthly $9400 (market 12,600/$151,200 annual market) first floor units nicely renovated and duplexed down w/ in-unit w/d. All units are beautifully renovated and in great shape. Each unit has own heating/cooling/electric & pay utilities. All have central air/hvac. High basement ceiling height. Solid brick building that has been well maintained. Additional storage units in basement. Very well maintained building.
14 Beds
8.5 Baths
0.07 Acres Lot
| Total Bedrooms | 14 |
|---|---|
| Total Bathrooms | 8.5 |
| Full Bathrooms | 8 |
| Half Bathrooms | 1 |
| Status | Sold |
|---|---|
| LOT SIZE | 0.07 Acres |
| Type | Multi-Family |
| Year Built | 1898 |
| SALES PRICE | $1,325,000 |
|---|
100+ SE Agents offering the personal attention of a boutique firm with the marketing and tech prowess of a national brokerage.
CONTACT US