2205 E 87th Street, Chicago, IL 60617

  • $615,000
  • $615,000
2205 E 87th Street, Chicago, IL 60617
  • Commercial Sale
  • Property Type
  • 1965
  • Year Built
For Sale
2205 E 87th Street, Chicago, IL 60617
  • $615,000
  • $615,000

Overview

Property ID: 22827127
  • Commercial Sale
  • Property Type
  • 1965
  • Year Built

Description

This 10-unit apartment building for sale located off of 87th Street in the Avalon Park neighborhood. The property consists of 5 – one-bedrooms and 5 – two-bedroom units. Newer improvements consist of a newer roof, parking lot for5 cars, and various in unit renovations. The average rent at the property is $762. The market average for similar properties is over $900. This leaves a significant amount of rental upside for a new owner without spending large dollars on capital improvements.

  • Address 2205 E 87th Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60617
  • Country United States

Details

Updated on August 23, 2024 at 4:52 pm
  • Property ID: 22827127
  • Price: $615,000
  • Year Built: 1965
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • MLS#: MRD12101001
  • Office Name: REAL REALTY INC
  • Agent Name: Alen Redzic
  • MLS Status: Active

Additional details

  • List Office MLSID: MRD87880
  • List Agent MLSID: MRD182289
  • List Date: 2024-07-03T12:13:44.000Z
  • Tax Annual: 11504
  • Tax Year: 2022
  • County: Cook

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