ADDRESS
Suite C-1
55 East Erie St
Chicago, IL 60611
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
This exceptionally located 8-unit brick building in the Belmont Cragin neighborhood of Chicago is perfect for a local investor. There are 4 beautifully renovated units collecting $1295 per month and feature with stainless appliances, updated cabinets, new flooring, updated bathrooms with new tile and vanities, and more. There are 4 older units in various condition with longer-term tenants that currently pay $1150-1200. The building is on a boiler with two hot water tanks, window a/c for the tenants, has coin laundry in the basement, and a 4-car garage. Two units have parking included, and two spots are rented for $200 to an outside renter. This building is a great investment for someone who wants to gradually do some value-add work and increase their income. Lot size estimated at 49x125. Broker interest.
3 weeks ago | Status changed to Active Under Contract | |
3 months ago | Listing first seen online | |
4 months ago | Listing updated with changes from the MLS® |
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