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1001 W 31st Street

Chicago, IL 60608
  • $729,000
  • STATUS: Active Under Contract
  • ON SITE: 57 Days
  • MLS #: 11275771
Under Contract
UPDATED: 207 min ago
$729,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1878
County:

School Ratings & Info

Description

Brick building with 6 unit PLUS store front in prime bridgeport. Rarely building built on entire lot '23X125'. Great rent income generating investment with ALL units rented except Store front. Units offer potential income $70K over 8% Cap rate after property tax. Full unfinished basement for additional value. Couple mins walk to shops, restaurants, library, transportation and etc. Excellent for owner-occupied with extra income or investor welcome.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-01-19T23:57:53.813 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1001 W 31st Street Chicago, IL 60608

  • Price: $729,000
  • Status: Active Under Contract
  • On Site: 57 Days
  • Updated: 207 min ago
  • MLS #: 11275771
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1878
Built
Neighborhood:
Chi - Bridgeport
County:
Cook
Area:
Chi - Bridgeport
Property Description
Brick building with 6 unit PLUS store front in prime bridgeport. Rarely building built on entire lot '23X125'. Great rent income generating investment with ALL units rented except Store front. Units offer potential income $70K over 8% Cap rate after property tax. Full unfinished basement for additional value. Couple mins walk to shops, restaurants, library, transportation and etc. Excellent for owner-occupied with extra income or investor welcome.
Exterior Features

Parking Total 0

Interior Features

Heat Ventilation Central Heat/Indiv ControlsOther

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Gross Income 54000 Gross Scheduled Income 54000 Insurance Expense 0 Maintenance Expense 0 Net Operating Income 0 Operating Expense 0 Tax Annual Amount 7516.4 Tax Year 2020 Tenant Pays ElectricityHeat Total Monthly Income 4510 Township South Chicago Type Multi Family 5+ Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Century 21 Realty Associates.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-01-19T23:57:53.813 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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737 North Michigan Avenue, Suite 1800
Chicago IL, 60611