$590,000
7552 S Lafayette Avenue
Chicago, IL, 60620
9.9% Cap Rate. $98,928 Annual Gross Income. Individual Furnaces. Property is a ten (10) unit, walk-up apartment building located in the Park Manor neighborhood of Chicago. The property is located less than one block away from the I-94 Express, which provides tenants a quick and easy access for transportation. With a unit mix, eight 1bd/1ba units and two 0Bd/1Ba studios await your investment plans. All of the units are equipped with hardwood flooring throughout and each contain individual heat and gas. Property is being sold As-Is.
Property Details
Price:
$590,000
MLS #:
MRD12064703
Status:
Active
Beds:
0
Baths:
0
Address:
7552 S Lafayette Avenue
Type:
Commercial
Neighborhood:
CHI – Greater Grand Crossing
City:
Chicago
Listed Date:
May 23, 2024
State:
IL
ZIP:
60620
Year Built:
1927
Schools
Interior
Cooling
None
Exterior
Financial
Tax Year
2022
Taxes
$7,801
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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