Chicago, IL 60629
$699,000
Mark Quesada
Broker / Owner
LIC #475144827
If turnkey cash flow is what you need, this solid investment has it! This 8-unit building is fully leased and generates a strong cash flow of $9,350 per month, which amounts to $112,200 annually. The low overhead costs are due to low taxes and tenant-paid utilities. The building features a clean basement with a coin laundry facility. It has been substantially updated and well-maintained, as evident from the pictures. This is a rare opportunity for an investor seeking a reliable and consistent return on investment. The building is located near Western Avenue and offers great workforce housing. It is surrounded by blocks of single-family brick bungalows. This is an ideal investment opportunity for an investor who wants a solid and consistent ROI. The building is investor-owned and professionally managed, making it an easy investment. Unit 8, the corner storefront, is currently leased for $1,500 per month.
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$5,159/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Listed by Wayne Beals, Exit Strategy Realty / EMA Management
MLS# MRD12746676 · Active
History reflects records reported to the MLS and may be incomplete.