7817 S Green Ave, Chicago, IL 60620 For Sale

  • $259,900
  • 8 beds
  • 2 baths
  • 2,692 sqft

New Opportunity to purchase an updated red-brick 2-Flat in Chicago’s Auburn Gresham neighborhood. This is a great building for a new owner or investor! Don’t wait! This property is spacious. The first floor unit features four (4) bedrooms, one (1) bathroom, a large living room and a eat-in kitchen. The second floor unit has four (4) bedrooms, one (1) bathroom, a living room, eat-in kitchen and dining room. Both units have updated kitchens, bathrooms and modern-style finishing throughout. The building has been updated throughout with mechanicals, plumbing, electrical systems and more. The unit upgrades include new kitchens, new bathrooms, updated flooring, new trim and much more. The property is located within walking distance of the CTA at 79th & Halsted, Aida Food Market & the Chicago Police Department. Other nearby amenities include Walgreens, Aldi, a coffee shop, various restaurants and parks including; Auburn park, Leland Giants Park, the Dr. Martin Luther King Jr. Roller Skating and Bowling Center & more! Schedule your showing today, this is a great building to own!

 


 

Proforma Income/Expense Pct Monthly Annual
Gross Potential Rent (estimated) 2,500 30,000
Total Income (estimated) 2,500 30,000
— Expenses —
Property Taxes – Tax Yr: 2017 -217 -2,600
Insurance (estimated) -67 -800
Property Management Fees (Pct of Gross Rent) 8.00% -200 -2,400
Allowance for Maintenance/Turnover/Vacancy (estimated Pct of Gross Rent) 15.00% -375 -4,500
Water/Sewer (estimated) -90 -1,080
Trash Collection (estimated) -21 -252
Common Area Utilities (estimated) -20 -240
Common Area Maintenance (estimated) -80 -960
Total Expenses (estimated) -1,069 -12,832
——
Net Operating Income (estimated) 1,431 17,168
Price:
$259,900
Address:
7817 S Green
Chicago, IL 60620
Square Feet:
2,692
Lot Size:
3,750
Bedrooms:
8
Bathrooms:
2
Terms:
For Sale
Property Type:
Multi-family
Year Built:
1915
Basement:
Full, Unfinished
Const. Type:
Brick

Call 773.233.8180 for more details

Property Location