8129 South Michigan Avenue, Chicago, IL, 60619

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*** If you have been looking for a GEM in the Chatham community; then LOOK no further. I have an IDEAL opportunity in the heart of Chatham. 6-unit-very large apartments, approximately 1,700 square feet per unit. Features include: large separate living & dining room. 2-bedrooms, plenty of closet space, additional room off the second bedroom. Boiler replaced in 2004/ Roof replace in 2009/Full tuckpointing in 2009/New exterior rear porch 2016. If you have serious inquiries, please call to schedule. Please provide a 48 hour notice for all viewings. Thank you!

Midwest Real Estate Data LLC #: 09262319

Listing Courtesy of SK Properties Group, LLC

Property Details for 8129 South Michigan Avenue, Chicago, IL 60619

Property Status:	Sold	Sold Date:	10/05/2016
Property Type:	Multi Family 5+ Units	List Price:	$427,000
Sold Price:	$419,000	Area:	Chi - Chatham
County:	Cook	Zip:	60619
Taxes:	$5,722	Tax Year:	2014
Full Baths:	0	Total Bathrooms:	0
Square Footage:	10,718 sqft	Lot Size:	8,025 sqft
Year Built:	1925	Parking Spaces:	5

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MLS #:	09262319	Acres:	0.18
Property Sub Type:	Multi Family 5+	Approximate Age:	36-50 Years
Ownership Type:	Individual	# Of Parking Spaces:	5
Roof Coverings:	Rubber	Roof Structure:	Flat
Repairs Decor Expense:	$2,189	Repairs Decor Expense Source:	Owner Projection
Scavenger Expense:	$960	Scavenger Expense Source:	Owner Projection
Seller Concessions:	Yes	Short Sale:	Not Applicable
Total Monthly Income:	$5,950	Zoning Type:	MULTI
# Of Stories:	3	Total Annual Exp:	25939
Built Before 1978?:	Yes	Tenant Pays:	Electric
Sale Terms:	Conventional	Township:	HYDE PARK
Tax Year:	2014	# Of Units:	6
Utilities To Site:	Water-Municipal	Washer/Dryer Lsd?:	No
# Of Washers:	0	Water Expense:	$2,540
Water Expense Source:	Owner Projection	Approx Year Built:	1925
Air Conditioning:	None	# Of Units Apt. Type 1:	6
# Of Bdrms Type 1:	2	# Of Full Bthrms Type 1:	1
Monthly Income Type 1:	$990	Monthly Income Max Type 1:	$995
# Of Rooms Type 1:	5	# Of Units Apt. Type 2:	0
# Of Bdrms Type 2:	0	# Of Rooms Type 2:	0
# Of Units Apt. Type 3:	0	# Of Bdrms Type 3:	0
# Of Rooms Type 3:	0	# Of Units Apt. Type 4:	0
# Of Bdrms Type 4:	0	Construction:	Brick,Concrete,Concrete Block
# Of Rooms Type 4:	0	# Of Units Apt. Type 5:	0
# Of Bdrms Type 5:	0	# Of Rooms Type 5:	0
# Of Units Apt. Type 6:	0	# Of Bdrms Type 6:	0
# Of Rooms Type 6:	0	# Of Units Apt. Type 7:	0
# Of Bdrms Type 7:	0	# Of Rooms Type 7:	0
Lot Dimensions:	160X50	Directions:	83rd street east to Michigan Ave, north to location.
# Of Dryers:	0	# Of Dishwashers:	0
East:	100	Electrical Service:	Circuit Breakers
Electricity Expense:	480	Electric Expense Source:	Owner Projection
Expense Year:	2016	Foundation:	Brick,Concrete
Frontage/Access:	City Street	Fuel Expense:	$7,286
Fuel Expense Source:	Owner Projection	Gross Rental Income $:	$71,400
Gross Rent Multiplier:	5.95	Total Annual Income:	$71,400
Heat/Ventilation:	Central Bldg Heat	Information:	48-Hr Notice Required
Insurance Expense:	$3,913	Insurance Expense Source:	Owner Projection
Janitor Expense:	$2,850	Janitor Expense Source:	Owner Projection
Lot Sq Ft:	8,025	Net Oper Income $:	$41,891
Net Operating Income Year:	2016	Other Expense Source:	Owner Projection
Original List Price:	$424,900

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8129 South Michigan Avenue Chicago IL 60619

$419,000 - Chatham - 109 Days on Market

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