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Gerard J. Huguelet
Mobile Phone:
815-861-4401
jerryhuguelet@gmail.com
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Gerard J. Huguelet
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Mobile Phone:
815-861-4401
jerryhuguelet@
gmail.com
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SOLD
$465,000
Date 07/30/2021

6521 S California Avenue
Chicago, IL 60629

Multi-Family, Business Opportunities
Commercial
0.21
Acre Lot
Courtesy: @properties Christie's International Real Estate
Home> Illinois> Chicago> 60629
All offers have been submitted by Friday June 11th end of business day. CAP RATE 19.5 PLENTY OF MONTHLY INCOME TO IMPROVE THE BUILDING. Individual rental units may not be shown at this time. Common areas may be viewed. Price lower by $54,500. Property being "SOLD AS IS." 10 UNIT MULTIFAMILY INVESTMENT. Property IS FULLY RENTED WITH MOST LONG TERM TENANTS. Rents are low. Average tenant 10+ years. Property has the potential to earn more income as units are renovated. All tenants on month to month leases. No security deposits being held by the owner. Gated rear area could provide tenant parking or play area. The property includes newer widows, flood light system. A laundry room could also be added for additional income. Agent related to the seller. Co-list Agent related to the seller. This property is located in An Opportunity zone.No written leases to pass on to the new buyer. Lender pre-approval and proof of funds of 30% down to be submitted before booking an appointment. Owner has owned the property for over 18 years. Proof of funds to match down payment and lender pre-approval, Or if cash offer proof of funds needed before showing is confirmed.
10499446
Commercial - Multi-Family, Business Opportunities, 3+ Story
1927
Cook
0.21 Acres
3
Brick
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: @properties Christie's International Real Estate
Listings courtesy of MRED as distributed by MLS GRID

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