$63.24 Per Sq Foot $2,415 est/mo Sourced by Back At You

11429 S King Drive,Chicago, IL 60628

Chicago IL, 60628

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Description

Great opportunity for the new or seasoned investor to acquire this 6-unit income-generating property. This property offers solid cash flow, has upward potential of 14% cap rate, and an upward potential of cash on cash return of 32%. The property has a new back porch (1-year old). The adjacent parking lot with separate PIN, 5 parking spaces, and a 2.5-car garage can generate additional income. Professionally managed. Being sold as-is. Four of the 6 units are currently leased. Perfect for the owner-occupant situation! Showings by appointment only. The property won't last long, schedule a showing today!

Details

MLS#12017135
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive Under Contract
Year1906
Days On Site56
Listing Provided ByPIP Realty Group | Latrease Davenport

Features

SQ Feet7,114
Story(s)2
Units6
ZoningMULTI
Acreage5544.00

Market Activity 60628

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60628
AreaCHI Roseland
Listing VS Median (in 60628)
Price:
$449,900
low | high
Med:
$176,500
100% of Average
SqFt:
7,114
low | high
Med:
1,863
100% of Average
$ / SqFt:
$63
low | high
Med:
$98
5.562864001437% of Average
On Site:
56
low | high
Med:
226
24.778761061947% of Average
Sourced by Back At You
Listing Updated: May 23, 2024 at 1:00:42 PM PDT