Description
[Rare Find] 6 units apartment is available for purchase in the Douglas Park / North Lawndale area. All of the apartments are currently rented to tenants who pay for their own gas, heat, and electricity. Based on projections, the expected rate of return on investment is 13.44%. The building has undergone recent improvements, including a new roof in 2015, new gas-forced air units in 2017, new concrete in the basements in 2017, new steel porches in 2016 with the new painting done in 2021, tuckpointing of the entire building in 2016, installation of circuit breakers throughout the units, new plumbing and stacks, a new fence in the backyard in 2021, and new insulation for the water pipes in 2021.
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N/AACRES
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01/2 BATHS
School Ratings & Info
Description
[Rare Find] 6 units apartment is available for purchase in the Douglas Park / North Lawndale area. All of the apartments are currently rented to tenants who pay for their own gas, heat, and electricity. Based on projections, the expected rate of return on investment is 13.44%. The building has undergone recent improvements, including a new roof in 2015, new gas-forced air units in 2017, new concrete in the basements in 2017, new steel porches in 2016 with the new painting done in 2021, tuckpointing of the entire building in 2016, installation of circuit breakers throughout the units, new plumbing and stacks, a new fence in the backyard in 2021, and new insulation for the water pipes in 2021.
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