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Key Details
Sold Price $1,420,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 17,658 sqft
Price per Sqft $80
MLS Listing ID 12447225
Sold Date 12/04/25
Maintenance Fees $10,556
Year Built 1913
Annual Tax Amount $28,801
Tax Year 2023
Lot Dimensions 10,870. SQFT
Property Sub-Type Multi Family 5+
Property Description
Price Improvement, 7.4 Cap Rate Positioned for 9.3 Cap Rate based on normalizing rents within the building. Value Add opportunity - Garden Level not currently utilized, value add potential for additional units storage, coin laundry, residential/commercial units. 3 oversized 1,800 SqFt apartments could potentially sub divided into 6 units for a total of 18 units. The 2024 Property Taxes have been reduce to 16,916, payable in 2025. Lender financing is available.
Location
State IL
County Cook
Area Chi - North Lawndale
Zoning MULTI
Rooms
Basement Unfinished
Interior
Fireplace N
Exterior
Roof Type Membrane,Reflective Coating
Building
Structure Type Brick
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