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535 W 111th Street

Chicago, IL 60628
  • $485,000
  • STATUS: Active
  • ON SITE: 150 Days
  • MLS #: 11698140
UPDATED: 17 min ago
$485,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1927
County:

School Ratings & Info

Description

All brick building with great cash flow!!!!!! All units are rented,, 6 apartments and 1 retail store front, is a grocery store. Each store front unit is about 25' X 40'. Each store also has a half bath and a storage room. The vacant one is the corner unit with a lot of exposure, and numerous possibilities. There are 4-one bedroom apartments and 2-3 bedroom apartments. Long term tenants. All hardwood floors. Newer windows and steel entrance doors for each apartment. Tenants pay electric and cooking gas. Roof is 3 years old, tuck pointing was done in 2017, newer back porches were replaced in 2015. A new high efficiency boiler was just installed, in the past few months.. newer water heater and newer commercial grade downspouts installed,2022. Separate electric meters. Circuit breakers. In the basement there are Coin-op washers and dryers in the large laundry room, 6 individual storage units, an office and the boiler room. Off street parking in the rear of the building. Partial fenced yard.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-09T11:00:51.527 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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535 W 111th Street Chicago, IL 60628

  • Price: $485,000
  • Status: Active
  • On Site: 150 Days
  • Updated: 17 min ago
  • MLS #: 11698140
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1927
Built
Neighborhood:
Chi - Roseland
County:
Cook
Area:
Chi - Roseland
Property Description
All brick building with great cash flow!!!!!! All units are rented,, 6 apartments and 1 retail store front, is a grocery store. Each store front unit is about 25' X 40'. Each store also has a half bath and a storage room. The vacant one is the corner unit with a lot of exposure, and numerous possibilities. There are 4-one bedroom apartments and 2-3 bedroom apartments. Long term tenants. All hardwood floors. Newer windows and steel entrance doors for each apartment. Tenants pay electric and cooking gas. Roof is 3 years old, tuck pointing was done in 2017, newer back porches were replaced in 2015. A new high efficiency boiler was just installed, in the past few months.. newer water heater and newer commercial grade downspouts installed,2022. Separate electric meters. Circuit breakers. In the basement there are Coin-op washers and dryers in the large laundry room, 6 individual storage units, an office and the boiler room. Off street parking in the rear of the building. Partial fenced yard.
Exterior Features

Exterior Building Type Brick Frontage Type City Street Outdoor Parking 6-12 Spaces Parking Total 5 Roof Rubber Roof Structure Flat

Interior Features

Cooling None Flooring Wood Heat Ventilation Central Bldg HeatHot WaterRadiators Miscellaneous Inside Storage InsideBasementLaundry Room Number Of Dryers 2 Number Of Washers 2

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 6997 Built Before1978 YN Yes Current Use Commercial Electric Circuit BreakersSeparate Meters Fire Protection Fire Extinguisher/SSmoke Or Fire Protectors Geographic Locale Chicago Southwest Gross Income 8315 Gross Scheduled Income 99780 Insurance Expense 5352 Location Mixed Use Area Mls Actual Status Active Net Operating Income 64250 Number Of Tenants 7 Operating Expense 24178 Ownership Types Sole Proprietor Possible Use Multi-FamilyRetail Property Sub Type Apts/Stores Rental Price 69.32 Seller Needs Out Of Management Seller Will Create Paper Tax Annual Amount 12234 Tax Year 2021 Tenant Pays Electricity Total Monthly Income 8315 Township Lake Type Mixed Use Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 219-865-9911.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-09T11:00:51.527 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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