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1406 S Hamlin Avenue, Chicago, IL 60623
1406 S Hamlin Avenue, Chicago, IL 60623
  • $750,000

Overview

Property ID: 12213210
  • Commercial Sale
  • Property Type
  • 1916
  • Year Built

Description

Attention Investors!! This is a fully remodeled, fully occupied six-unit building. It has a 10 cap rate and a 22-25 return on investment!! The building has many new updates: copper plumbing, individual hot water tanks, rubber roof covering, laminate flooring, updated kitchens and baths, newer windows, electrical, duct work, and separate high-efficiency furnaces in each unit. all units are 3 bedrooms. Total income 115,200/year. Each unit is metered individually for gas and electric. Taxes are low. Check the ATTACHED DOCUMENT FOR CURRENT NUMBERS AND RETURNS. Only 1-2 units will be available to view until after under contract

  • Address 1406 S Hamlin Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60623
  • Area CHI - North Lawndale

Details

Updated on December 24, 2024 at 3:50 pm
  • Property ID: 12213210
  • Price: $750,000
  • Land Area: 0.08 Acres
  • Garage Size: x x
  • Year Built: 1916
  • Property Type: Commercial Sale
  • Property Status: Active

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