Chicago, IL 60620,1537-39 W 82nd ST
Chicago, IL 60620,1537-39 W 82nd ST
Chicago, IL 60620,1537-39 W 82nd ST
Chicago, IL 60620,1537-39 W 82nd ST
Chicago, IL 60620,1537-39 W 82nd ST
Chicago, IL 60620,1537-39 W 82nd ST
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$575,000

$595,000

3.4%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 03/07/2025

Key Details

Sold Price $575,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12216296

Sold Date 03/07/25

Maintenance Fees $1,200

Year Built 1915

Annual Tax Amount $6,540

Tax Year 2023

Lot Dimensions 43X125

Property Sub-Type Multi Family 5+

Property Description

Don't miss out on this CASH COW INCOME PROPERTY in Chicago's Auburn Gresham neighborhood! Spacious layouts, solid tenants and income, and a building that has been meticulously maintained by the current owner. Walk right into an 11.4 cap rate and a ton of room for growth, with value-add opportunities and below-market rents! This classic Chicago brick multi-family consists of a mix of three 3 bed/1 bath units, three 2 bed/1 bath units, and one non-conforming 3 bed/1 bath garden unit. Add some extra income with coin laundry in the basement and 3 detached garage parking spots. Recent updates include a brand new security system, new appliances for all units within last 2 years, 2 new water heaters, the building was sealed/tuckpointed in 2024, and new hallway carpeting and flooring was just installed. Roof is estimated to be about 7 years old, and all furnaces are about 8 years old. Make sure to take advantage, you just don't see investment opportunities like this every day!

Location

State IL

County Cook

Area Chi - Auburn Gresham

Interior

Fireplace N

Building

Level or Stories 3

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Danielle Dowell • Berkshire Hathaway HomeServices Chicago
Bought with Sharie Jackson • eXp Realty, LLC
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