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About the Listing 84146 - 186526
We are pleased to present for sale 735 E 88th, a six-unit multi-family investment property in the Chatham neighborhood of Chicago. The property is composed of six four-room 1-Bed/1-Bath apartments and a three-car garage that features updated electric, updated rear porch, central boiler heat (~8 years old), common hot water, newer windows, hardwood floors throughout, multiple units with updated kitchen and baths, and is located in a low-density pocket of south Chatham. 735 E 88th provides an excellent opportunity for an investor to re-lease the property to local subsidies that are currently offering 1300 to 1400 for one-bedroom residences with heat and hot water included. Upon stabilization, 735 E 88th has the potential to realize a 10-12 annual capitalization rate.
Listing Highlights for 735 E 88th St
Status
Active
Days on Site
26
Property Type
Multi-Family
MLS ®
12486593
Year Built
1897
Total Square Footage
4,236
Lot/Acreage
4500
County
Cook
Area
CHI - Chatham
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Central Bldg Heat,Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 4500
- Zoning: MULTI
- Roof:
- Others:
- Sewer:
- Parking Features: 1-5 Spaces
Financial Details
- Tax Amount: $2,743
- Taxes w/Assessments: N/A
- Tax/Property ID: 25032110120000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
735 E 88th St Chicago, IL 60619
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