Bought with Jack Warpecha of Charles Rutenberg Realty of IL
$705,000
$650,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
7920 83rd Avenue Justice, IL 60458
5,880 SqFt
Key Details
Sold Price $705,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 5,880 sqft
Price per Sqft $119
MLS Listing ID 11718943
Sold Date 03/31/23
Year Built 1978
Annual Tax Amount $16,214
Tax Year 2021
Lot Size 10,018 Sqft
Lot Dimensions 75X132
Property Sub-Type Multi Family 5+
Property Description
Great investment opportunity. Brick, six unit apartment building. Rentals generate continuous monthly revenue. 100% occupied month-to-month leases. All have balconies, 2 bedrooms, and 1 Bath. Finished basement. Additional income from coin laundry. Low expenses. 12 parking spaces. Well maintained. Storage lockers. Shed. Current rents below market with 7% CAP rate. Walking distance to school and community park. Easy access to all transportation. Good condition. Estate sale. Sold AS/IS.
Location
State IL
County Cook
Zoning MULTI
Interior
Fireplace N
Exterior
View Y/N true
Roof Type Composition
Building
Foundation Concrete Perimeter
Structure Type Brick
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