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About the Listing 37936 - 371195
Priced above 10 Cap Rate on current income! $107,593 income with one retail vacancy. Perfect Property For New And Experienced Investors! Don't miss out on this newly remodeled building that features 6 apartments and 8 retail/office storefronts equaling 14 income producing units. The 6 residential units are one 2bed/1bath, and five 1 bed/1bath. 5 apartment units have been renovated with individual gas forced heat and hot water heaters. 8 storefronts also have gas forced heat and central air. Tenant Pays cooking gas, heat, elec. Owner pays ins, tax, water. Conveniently located to Metra 79th St Station and Interstate. Walk into this deal with equity! Property located in a opportunity zone area so there are many city grants available. Located in up and coming Chatham and close to newly planned $9 Billion dollar Quantum Computer Campus.
Listing Highlights for 7900 S Drexel Ave
Status
Active
Days on Site
4
Property Type
Commercial Sale
MLS ®
12469752
Year Built
1925
Total Square Footage
9,952
Lot/Acreage
0.18
County
Cook
Area
CHI - Chatham
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air,Central Individual
- Heating: Forced Air,Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 56 X 125
- Zoning: OTHER
- Roof: Rubber
- Others:
- Sewer:
Financial Details
- Tax Amount: $21,909
- Taxes w/Assessments: N/A
- Tax/Property ID: 20351010130000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
7900 S Drexel Ave Chicago, IL 60619
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