6131 S Michigan Ave
Chicago, IL 60637
$775,000
Price
Sq. Ft.
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6131 S Michigan Ave, Chicago, IL 60637

Executive Summary

Jumbo 6 flat located in Washington Park. 100% occupied. All two-bed units. 4 car detached garage in the rear. Individual Heat and hot water. Steel Porches. No Violations. Ownership has completed renovations totaling $50,000 which include new drywall and paint in the common areas, new paint in all units, and various cosmetic renovations as needed throughout the units. Electricity, heat/hot water, and cooking gas is separately metered and charged to the tenant. The landlord is responsible for water/sewer, trash, and common area electricity.

Can be sold as a package with 7957 S Evans Ave, Chicago, IL 60619 and 7007 S Sangamon St, Chicago, IL 60621

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Property Location

Chicago » 60637 » 6131 S Michigan Ave

Property Details

Status Active
Listing Type For Sale
Property Type Multifamily
Price $775,000
Cap Rate 7.64%

Broker Contact

Tim Keenan

Timothy Keenan

Mobile: (773) 983-0741

Office: (773) 327-9300

Email: TimK@crer.com

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