ClosedPrice Reduced

$798,000

$850,000
9157 Loomis Street, Chicago, IL 60620
435 days
9157 Loomis Street·Chicago, IL 60620
1928Year Built
About This Home

Great investment opportunity in the Brainerd Neighborhood. All six (6) condo quality units have been completely gut renovated including, building mechanicals and common areas. This building has five (5) 3br units and one (1) 2br unit. All units are spacious. The property is currently fully tenanted and has consistent cash flow month over month with an amazing tenant base. This is a true turn-key property that is unrivaled by anything else on the market. This building brings in over $8k in monthly income. This property is for serious long-term investors that understand the value in quality construction and asset stability. This large corner property is located blocks away from local shopping and public transportation. Property Highlights Include: Fully gut renovated large units, new building mechanicals throughout including framing, HVAC, insulation, electrical, roof, and masonry. New coin operated machines in laundry room in building. New plumbing throughout including water main and underground plumbing system. New vinyl windows/capping. New hardwood floors throughout. Sold with all new stainless-steel appliances. New 600-amp electrical service. Fully renovated common areas.

MLS# 10579104Listed November 21, 2019Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built1928
Lot Size7623

Location

CountyCook
TownshipLake
Zip Code60620

Financial

List Price$798,000
Original Price$850,000
Annual Taxes (2018)$5,493
Monthly Tax Est.$458
Parcel #25053040170000
Interior Features

Cooling

None
Exterior & Lot

Construction

Brick

Roof

Rubber

Foundation

Concrete Perimeter
Utilities & Parking

Electric

Service - 201 to 600 Amps
Tax & Financial
Annual Taxes
$5,493
Tax Year 2018
Monthly Tax Est.
$458
per month
Price Reduced by $52,000
Original list price: $850,000
Property Location

9157 Loomis Street, Chicago, IL 60620Cook County

$798,000
9157 Loomis Street
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
435 days on market
7623
$5,493/yr taxes
Price reduced $52,000
$4,652
estimated monthly payment
Principal & Interest
$4,194/mo
Property Tax
$458/mo
$798,000
20% — $159,600
3%50%
6.875%
3%12%
Loan Amount
$638,400
Down Payment
$159,600

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Halsted Taylor Real Estate
Agent: Anthony Golob
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