5938-40 S Calumet Avenue, Chicago, IL 60637
$998,900
List Price
In Contract on 6/04/2024
Listing ID |
11185461 |
|
|
|
Property Type |
Multi-Unit (5+) |
|
|
|
County |
Cook |
|
|
|
Township |
Hyde Park |
|
|
|
Neighborhood |
CHI - Washington Park |
|
|
|
|
Total Tax |
$7,664 |
|
|
|
Tax ID |
20153040310000 |
|
|
|
FEMA Flood Map |
fema.gov/portal |
|
|
|
Year Built |
1920 |
|
|
|
|
|
|
|
|
|
Vintage 1920's 8 unit apartment building in the South Side's emerging Woodlawn quadrant. All units have generous room sizes, nine foot ceilings, oroginal restored hardwood floors. All eight units have separate gfa furnaces and hot water tanks. The apartment mix consists of A: 5, 4 bedroom, 1 bath units, B. 1, 3 bedroom, 1 bath unit; C. 1 1 bedroom, 1 bath unit; D. 1 studio unit. All units are leased. Cap rate on property is 8.7 Note the spacious lot dimensions. Property has a large gated rear yard for tenant enjoyment . some parking off the alley
|
- Built in 1920
- 8 Units
- Lower Level: Finished
- Lot Size Dimensions: 50X170
- Zoning: COMMR
- Location Details: Empowerment zone,enterprise zone,in city limits
- Forced Air
- Gas Fuel
- Central A/C
- Electric Details: Circuit Breakers
- Fire Protection Details: Smoke or fire protectors,carbon monoxide detector(s)
- Utilities: Sanitary Sewer, Sewer-Storm Available, Water-Municipal
- Masonry - Concrete Block Construction
- Brick Siding
- Stone Siding
- Tar Roof
- Frontage Type: City Street
- Gross Income $139,440
- Net Income $111,397
- Operating Exp $28,643
- Maintainence Exp $5,200
- Insurance Exp $4,967
- Electric Exp $780
- Water Exp $2,762
- $7,664 Total Tax
- Tax Year 2021
- Gross Scheduled Income: 140040
- Trash Expense: 1600
- Operating Expense Includes: Maintenance Grounds
|
Marguerite Dooley
Charles Rutenberg Realty of IL
|
Listing data is deemed reliable but is NOT guaranteed accurate.
|