$475,000

UNDER NEW MANAGEMENT, IMPROVED FINANCIALS & A $50K PRICE REDUCTION! Corner brick legal 13-unit apartment building located in the Chicago Lawn area of Chicago, Illinois. The property features on-site laundry, 2-car garage, huge gated back yard and entrance. Boiler heat along with separate meters for cooking gas and electric. The unit mix of the building consists of eight (8) studio/1-bath units, four (4) 1-bedroom/1-bath units and one (1) 2-bedroom/1-bath unit. Many capital improvements have been completed including new rubber roof (2017), 1/3 of the apartments have been updated which included new appliances at the time plus a new rubber roof (2017), updated boiler, hot water heater/tank, porches up to code (2012) and updated electrical panels. New management is currently releasing building so easy to show with 24 hours notice. Please note: 8 units have been updated and rented. 5 still are in the process of being updated. Financials Reflect a fully updated and rented building (ProForma)