$750,000
1406 S Hamlin Avenue
Chicago, IL, 60623
Attention Investors!! This is a fully remodeled, fully occupied six-unit building. It has a 10 cap rate and a 22-25 return on investment!! The building has many new updates: copper plumbing, individual hot water tanks, rubber roof covering, laminate flooring, updated kitchens and baths, newer windows, electrical, duct work, and separate high-efficiency furnaces in each unit. all units are 3 bedrooms. Total income 115,200/year. Each unit is metered individually for gas and electric. Taxes are low. Check the ATTACHED DOCUMENT FOR CURRENT NUMBERS AND RETURNS. Only 1-2 units will be available to view until after under contract
Property Details
Price:
$750,000
MLS #:
MRD12213210
Status:
Active
Beds:
0
Baths:
0
Address:
1406 S Hamlin Avenue
Type:
Commercial
Neighborhood:
CHI – North Lawndale
City:
Chicago
Listed Date:
Dec 24, 2024
State:
IL
ZIP:
60623
Lot Size:
3,750 sqft / 0.08 acres (approx)
Year Built:
1916
Schools
Interior
Cooling
None
Exterior
Roof
Composition
Financial
Tax Year
2022
Taxes
$5,900
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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Courtesy of AAA Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Chicago, IL. All rights reserved.
1406 S Hamlin Avenue
Chicago, IL
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