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$1,600,000
Est. payment /mo
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Key Details
Property Type Multi 5 Units, Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12789869
Maintenance Fees $7,000
Year Built 1909
Annual Tax Amount $25,054
Tax Year 2025
Lot Dimensions 6250 SF
Property Sub-Type Multi Family 5+
Property Description
The subject property is 17 units + 3 Non Conforming Garden Apartments, comprised of seven (7) 1BD/1BA apartments and thirteen (13) 2BD/1BA apartments. The architecturally distinct property is situated at the prominent corner of Central Park Ave and 15th St. Each unit in the building has been outfitted with individual furnaces and has received updates like newer kitchen cabinetry. Investors have the opportunity to acquire a cash flowing asset with meaningful upside remaining in the rent roll. The subject property is located just south of the historic Douglas Blvd and three blocks north of the Central Park Pink Line CTA station, offering convenience to tenants.
Location
State IL
County Cook
Area Chi - North Lawndale
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
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Listed by Melissa Morgan of Flats, LLC
NEARBY SCHOOL & BUSINESS
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