6322 N Albany AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60659
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 19,000 sqft
Price per Sqft $172
MLS Listing ID 12298513
Maintenance Fees $6,000
Year Built 1930
Annual Tax Amount $39,658
Tax Year 2023
Lot Size 0.280 Acres
Lot Dimensions 99 X 123
Property Sub-Type Multi Family 5+
Property Description
The offering consists of a 24-unit courtyard style building. The unit mix contains 7 one-bedroom, 16 two-bedroom, and 1 three-bedroom apartment. 11 of the 24 units have been fully renovated. The renovated units are achieving approximately $200 more per month in rental income than the non-renovated units. This is an opportunity for a new investor to continue with unit renovations and stabilize the operations of the property through building and unit improvements and increasing rents to market levels
Location
State IL
County Cook
Area Chi - West Ridge
Zoning MULTI
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 3
Structure Type Brick,Concrete