Property Info:

Property ID: 012CHCH007

Status: Off Market 

Area: Chatham

City: Chicago

Number of Units: 12

Layouts: Three 2 Bed - 1 Bath, Six 2 Bed 1 Bath & Three 3 Bed 1 Bath

Rehab Year: 2020

Tax 2019: $12780

Gross Yearly Income: ~$142000 (Projected)

Total Yearly Expenses: ~$57000 (Projected)

Net Operating Income (Yearly): ~$85,000 

Occupancy: Vacant - Under Rehab

Features: Solid Building in Premiere Chatham Location.

Project is Under Rehab. Can be Purchased As Is OR Finished.

 

Work Done:

  • New Boiler

  • New Units Fornt Doors

  • New Roof for West Half of Building

  • New Copper Supply Lines

  • New - Near Half of - Waste Lines

  • All Electric / Tested/ Repaired

 

Work To Be Done:

  • New Porch

  • Patch Interior Walls

  • Cabinets

  • Appliances

  • Painting

  • Refinish Floors

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