7332 Lowe Avenue

    Chicago, IL 60621
    • $424,500
    • STATUS: Active
    • ON SITE: 233 days
    • MLS #: 10543183
    UPDATED: 96 min ago
    $424,500
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,848
      SQFT
    • $54
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1918
    County:

    School Ratings & Info

    Description

    Great investment property located in Englewood area. OWNER JUST PUT SEPARATE FURNACES IN EACH UNIT! This building contains 6 units- all of which are 3 bedrooms/ 1 bath. This 100% occupied building is turn key, which means instant cash flow for an investor. Porch is in great condition. This building also has the potential to raise rent to increase the value. The area has the potential to raise the rent for the 3 bedrooms to $1200. Call us today for a showing! This property will not last long!

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Mattz Mega Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2020-05-29T23:50:38.87 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.themattzgroup.com/homes/99762310

    7332 Lowe Avenue Chicago, IL 60621

    • Price: $424,500
    • Status: Active
    • Updated: 96 min ago
    • MLS #: 10543183
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    7,848
    SQFT
    $54
    $/SQFT
    1918
    Built
    Neighborhood:
    Chi - Englewood
    County:
    Cook
    Area:
    Chi - Englewood
    Property Description
    Great investment property located in Englewood area. OWNER JUST PUT SEPARATE FURNACES IN EACH UNIT! This building contains 6 units- all of which are 3 bedrooms/ 1 bath. This 100% occupied building is turn key, which means instant cash flow for an investor. Porch is in great condition. This building also has the potential to raise rent to increase the value. The area has the potential to raise the rent for the 3 bedrooms to $1200. Call us today for a showing! This property will not last long!
    Exterior Features

    Construction BrickConcreteSteel Land Amenities Children's Play YardCurbs And GuttersLighting/ExteriorSecurity EntranceSidewalks Lot Dimensions 5000 SF Lot Sq Ft 5000 Number Of Parking Spaces 2

    Interior Features

    Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 3 Number Of Bedrooms Unit2 0 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 1 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 5 Number Of Rooms Unit2 0 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Stories 3 Number Of Units Apt Type1 6 Number Of Units Apt Type2 0 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Outdoor Parking 1-5 Spaces Repairs Decor Expense 1200

    Property Features

    Age 1-6 Years Built Before1978 YN Yes Current Use Residential-Multi-Family Electricity Expense 400 Exterior Building Type Brick Fuel Expense 1200 Gross Rental Income Amount 59100 Heat Ventilation Radiators Insurance Expense 2000 Janitor Expense 0 Miscellaneous Outside Balcony/IesCourtyardEnclosed StairsFire EscapeSecurity GateSecurity LightingSecurity System Monthly Income Max1 875 Net Oper Income Amount 49582 Net Operating Income Year 2019 Other Expenses 0 Possession Closing Potential Use CommercialResidential-Multi-Family Tax Year 2018 Taxes 4938 Tenant Pays Varies By Tenant Total Annual Exp 9518 Total Annual Income 59100 Total Monthly Income 4925 Type Multi Family Hi-RiseOther Water Expense 2496

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Dream Spots Leasing Inc.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Mattz Mega Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2020-05-29T23:50:38.87 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    The Mattz Mega Group | Keller Williams Preferred Realty
    16101 S 108th Avenue, 2nd Floor
    Orland Park IL, 60467