Chicago, IL 60620,1537-39 W 82nd Street
Chicago, IL 60620,1537-39 W 82nd Street
Chicago, IL 60620,1537-39 W 82nd Street
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$595,000
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Active Under Contract

1537-39 W 82nd Street Chicago, IL 60620

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UPDATED:

12/16/2024 03:28 PM

Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12216296

Year Built 1915

Annual Tax Amount $6,540

Tax Year 2023

Lot Dimensions 43X125

Property Description

Don't miss out on this CASH COW INCOME PROPERTY in Chicago's Auburn Gresham neighborhood! Spacious layouts, solid tenants and income, and a building that has been meticulously maintained by the current owner. Walk right into an 11.4 cap rate and a ton of room for growth, with value-add opportunities and below-market rents! This classic Chicago brick multi-family consists of a mix of three 3 bed/1 bath units, three 2 bed/1 bath units, and one non-conforming 3 bed/1 bath garden unit. Add some extra income with coin laundry in the basement and 3 detached garage parking spots. Recent updates include a brand new security system, new appliances for all units within last 2 years, 2 new water heaters, the building was sealed/tuckpointed in 2024, and new hallway carpeting and flooring was just installed. Roof is estimated to be about 7 years old, and all furnaces are about 8 years old. Make sure to take advantage, you just don't see investment opportunities like this every day!

Location

State IL

County Cook

Interior

Fireplace N

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick


Listed by Danielle Dowell • Berkshire Hathaway HomeServices Chicago

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Joanna Stawarz

Real Estate Broker | License ID: 475184483

+1(773) 510-6834

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1537-39 W 82nd Street