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About the Listing 84130 - 878540
Rehabbed, Fully Rented, and Completely Turnkey with Property Manager on the premises. No Seller Financing. All tenants are current and listed at a 9.2 CAP. This is a fantastic opportunity to acquire a rehabbed building located on Independence Boulevard right in the up-and-coming neighborhood of North Lawndale. This 18-unit building offers a great unit mix of 2,3 and 4-bedroom units. The building has 12 units of 2BR/1BA, 3 units of 3BR/1BA and 3 units of 4BR/1BA. The basement has a coin laundry room with 3 washers and 3 dryers. Security cameras have been installed around the building. Each unit has its own gas meter, water heater, and electric meter. The current monthly rent roll is $24,678. Sold AS-IS.
Listing Highlights
Status
Active
Days on Site
21
Property Type
Multi-Family
MLS ®
12687697
Year Built
1909
Total Square Footage
0
Lot/Acreage
56X158
County
Cook
Area
CHI - North Lawndale
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Central Bldg Heat,Central Heat/Indiv Controls,Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 56X158
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $17,301
- Taxes w/Assessments: N/A
- Tax/Property ID: 16231030330000
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
1256 S Independence Boulevard Chicago, IL 60623
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