Skip To Content
    Return to Previous Page

    2625 W 79TH Street

    Chicago, IL 60652
    • $399,000
    • STATUS: Active Under Contract
    • ON SITE: 48 days
    • MLS #: 10950136
    Under Contract
    UPDATED: 19 min ago
    $399,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,450
      SQFT
    • $47
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1962
    County:

    School Ratings & Info

    Description

    Excellent opportunity to own this turn key, mixed use, 7 unit. Over $51,000 NOI. 3 condo quality residential units featuring 2 beds, 1 bath, Separate utilities, hardwood floors, stainless steel appliances, in-unit laundry & central air. 4 fully occupied retail spaces, leased below market value, plenty of room to increase return in the future. Huge rear parking lot. Located on high visible 79th St in the Ashburn/Wrightwood neighborhood. The proforma shows an excellent score of 12.9% cap rate. GREAT INVESTMENT PROPERTY TO ADD TO YOUR PORTFOLIO.

    Monthly Payment Calculator



    © 2021 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 BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2021-01-27T20:52:20.66 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
    www.bnrealty.com/homes/112493765
    Print Image

    2625 W 79TH Street Chicago, IL 60652

    • Price: $399,000
    • Status: Active Under Contract
    • Updated: 19 min ago
    • MLS #: 10950136
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    8,450
    SQFT
    $47
    $/SQFT
    1962
    Built
    Neighborhood:
    Chi - Ashburn
    County:
    Cook
    Area:
    Chi - Ashburn
    Property Description
    Excellent opportunity to own this turn key, mixed use, 7 unit. Over $51,000 NOI. 3 condo quality residential units featuring 2 beds, 1 bath, Separate utilities, hardwood floors, stainless steel appliances, in-unit laundry & central air. 4 fully occupied retail spaces, leased below market value, plenty of room to increase return in the future. Huge rear parking lot. Located on high visible 79th St in the Ashburn/Wrightwood neighborhood. The proforma shows an excellent score of 12.9% cap rate. GREAT INVESTMENT PROPERTY TO ADD TO YOUR PORTFOLIO.
    Exterior Features

    Construction Materials Brick Parking Total 10

    Interior Features

    Cooling Central Air Electric Circuit BreakersSeparate Meters0-100 Amps Fire Protection Other Heat Ventilation Central Heat/Indiv ControlsForced AirGas Number Of Apts 3 Number Of Offices 1 Number Of Stores 3

    Property Features

    Additional Parcels YN Yes Built Before1978 YN Yes Cap Rate 12.9 Electric Expense 1100 Expense Year 2020 Exterior Building Type Brick Fuel Expense 0 Geographic Locale East/West Corridor Gross Income 73248 Gross Scheduled Income 73248 Insurance Expense 3600 Lot Size Dimensions 67.32 X 108.19 Net Operating Income Year 2020 Operating Expense 19694 Other Expense 5600 Tax Annual Amount 7394.42 Tax Year 2019 Tenant Pays ElectricityHeatVaries By Tenant Total Monthly Income 6107 Trash Expense 0 Water Sewer Expense 2000 Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of 606 Brokers Llc.


    © 2021 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 BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2021-01-27T20:52:20.66 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
     
    https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_10950136-2.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_10950136-2.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_10950136-2.jpg
    Logo
    BNRealty | RE/MAX Rising
    501 S Towanda Barnes, Suite 2
    Bloomington IL, 61705