Skip To Content

317 E 116th Street

Chicago, IL 60628
  • $314,500
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 11257246
Price Reduced
$314,500
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1902
County:

School Ratings & Info

Description

6 Rehabbed Units in this Money Maker in Chicago's West Pullman Area!! 2 Buildings tthat have been extensively rehabbed!! 4 Units in the front property and 2 units on the rear property. Newer Roofs (4.5 years) on both buildings! New Siding on the front buiding! Newer Windows Throughout! Updated HVAC in the front building and well taken care of HVAC in the Rear Building! Front property has attic to grow. Separate Utilities on all units. Property is minutes away form the 94 Expressway and public transportation. The rents are majorly under market. The sellers have started to raise rents (3 out of 6 units are at $925, 875 and $700 per unit respectively) and the potential rent could be up to $4400 per month!)

Monthly Payment Calculator



© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-12-04T23:58:37.23 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.carolynandhillaryhomes.com/homes/122838785
Print Image

317 E 116th Street Chicago, IL 60628

  • Price: $314,500
  • Status: Active
  • On Site: 37 Days
  • MLS #: 11257246
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1902
Built
Neighborhood:
Chi - West Pullman
County:
Cook
Area:
Chi - West Pullman
Property Description
6 Rehabbed Units in this Money Maker in Chicago's West Pullman Area!! 2 Buildings tthat have been extensively rehabbed!! 4 Units in the front property and 2 units on the rear property. Newer Roofs (4.5 years) on both buildings! New Siding on the front buiding! Newer Windows Throughout! Updated HVAC in the front building and well taken care of HVAC in the Rear Building! Front property has attic to grow. Separate Utilities on all units. Property is minutes away form the 94 Expressway and public transportation. The rents are majorly under market. The sellers have started to raise rents (3 out of 6 units are at $925, 875 and $700 per unit respectively) and the potential rent could be up to $4400 per month!)
Exterior Features

Exterior Building Type Aluminum Siding Frontage Type City Street Parking Total 0 Roof Composition

Interior Features

Basement Unfinished Cooling None Fireplaces Total 0 Heat Ventilation Forced AirGas Number Of Dishwashers 0 Number Of Dryers 0 Number Of Ranges 0 Number Of Washers 0

Property Features

Additional Parcels YN No Approximate Age Older Association Fee Includes None Built Before1978 YN Yes Current Use Multi-Family Electric Service - 0 To 100 Amps Gross Income 45600 Gross Scheduled Income 45600 Insurance Expense 2476 Maintenance Expense 1149 Net Operating Income 36765 Operating Expense 8835 Ownership Types Individual Possible Use Multi-Family Seller Needs Other Tax Annual Amount 2832.2 Tax Year 2019 Tenant Pays Varies By Tenant Total Monthly Income 3800 Type Multi Family 5+ Zoning Multi

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Realty Advisors Elite Llc.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-12-04T23:58:37.23 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_11257246-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_11257246-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_11257246-1.jpg
Logo
Carolyn and Hillary Homes | Charles Rutenberg Realty
3135 Book Rd.
Naperville IL, 60564