8624 S Houston Avenue, Chicago, IL 60617

  • $549,000
  • $549,000
8624 S Houston Avenue, Chicago, IL 60617
  • Commercial Sale
  • Property Type
  • 1903
  • Year Built
For Sale
8624 S Houston Avenue, Chicago, IL 60617
  • $549,000
  • $549,000

Overview

Property ID: 24823640
  • Commercial Sale
  • Property Type
  • 1903
  • Year Built

Description

Unique opportunity to acquire a cash-flowing asset that realizes a 9% cap rate. Managing company Taty Management LLC. Full occupancy! Long-term tenants. Low rents with room to increase. It’s a must-see! Brick 6 units building with six 2b/1ba apartments with a large eat-in kitchens! All units are equipped with updated kitchens and bathrooms featuring modern appliances, and granite countertops. Separate heat and water tanks for every unit. Updated electric, and copper plumbing. Everything is up to the new code. Parking is plenty on the street and a two cars brick garage in the rear. Great location close to transportation on a quiet block.

  • Address 8624 S Houston Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60617
  • Country United States

Details

Updated on August 22, 2024 at 8:40 pm
  • Property ID: 24823640
  • Price: $549,000
  • Year Built: 1903
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 4266
  • MLS#: MRD12131516
  • Office Name: TATY MANAGEMENT LLC
  • Agent Name: Calin Paunescu
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD88342
  • List Agent MLSID: MRD116209
  • List Date: 2024-08-09T19:48:53.000Z
  • Cooling: Window Unit(s)
  • Tax Annual: 2674
  • Tax Year: 2022
  • County: Cook

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