All on one lot sits a apartment building with commercial space that provides a unique opportunity for the new or savvy investor. The lot houses 5 apartments and 1 commercial space over 2400 sq. feet. (2) 2 bedrooms and (3) 1 bedroom apartments all rented with the exception of one apartment. Two of the units were recently renovated in 2017 along with newly constructed back porches done with permits and meets the City of Chicago standards. BONUS on same lot under same pin is a commercial space that has been gutted to the studs. The possibilities for the commercial space is unlimited how about a banquet hall, restaurant or church; formerly was a bar and grill. This property awaits your vision. Positive cash flow and rents are below market price.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Cook County
APN
16272030010000
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Oct 7, 2020.
B3-2
Community Shopping District
The primary purpose of the B3, Community Shopping district is to accommodate a very broad range of retail and service uses, often in the physical form of shopping centers or larger buildings than found in the B1 and B2 districts. In addition to accommodating development with a different physical form than found in B1 and B2 districts, the B3 district is also intended to accommodate some types of uses that are not allowed in B1 and B2 districts. The B3 district is intended to be applied to large sites that have primary access to major streets. It may also be used along streets to accommodate retail and service use types that are not allowed in B1 and B2 districts.
Permitted uses
Include but are not limited to:
Automotive repair garage
Day care facility
General retail
Restaurant
Housing-Senior
Warehouse
Mixed use building
Office
Medical office
Veterinary clinic
Property details
Interior
Additional Rooms Information
Partially Finished Basement, Exterior Access to Basement
Equipment
# of Refrigerators: 4
# of Ranges: 4
Fireplace Information
# of Fireplaces: 4
Heating & Cooling
Forced Air Heating, Gas Heating
# of Window Air Conditioning Units: 2
Multi-Family Information
# of Units: 6
Tenant Pays Electric, Tenant Pays Heat
Unit 1 Information
# of Units of Type: 1
# of Rooms: 5
# of Beds: 1
# of Baths: 1
Monthly Income: $750
Maximum Monthly Income: $1,000
Unit 2 Information
# of Units of Type: 1
# of Rooms: 5
# of Beds: 1
# of Baths: 1
Monthly Income: $750
Maximum Monthly Income: $1,000
Unit 3 Information
# of Units of Type: 1
# of Rooms: 5
# of Beds: 1
# of Baths: 1
Monthly Income: $750
Maximum Monthly Income: $1,000
Unit 4 Information
# of Units of Type: 1
# of Rooms: 6
# of Beds: 2
# of Baths: 1
Monthly Income: $850
Maximum Monthly Income: $1,200
Unit 5 Information
# of Units of Type: 1
# of Rooms: 6
# of Beds: 2
# of Baths: 1
Monthly Income: $850
Maximum Monthly Income: $1,200
Unit 6 Information
# of Units of Type: 1
# of Rooms: 4
# of Baths: 1
Monthly Income: $3,000
Maximum Monthly Income: $4,000
Exterior
Building Information
Built Before 1978
Age: 51+ Years
Lot Information
Dimensions: 38.65 X 125
Property Information
Parcel Identification Number: 16272030010000
Financial
Financial Information
Tax: $8,472.50
Tax Year: 2019
Total Monthly Income: $2,750
Total Annual Income: $69,000
Gross Rental Income: $5,750
Gross Rent Multiplier: 4.2
Finance Code: Cash
Location
Location Information
Directions: TAKE CERMAK EAST FROM CICERO AND WEST FROM PULASKI ROAD. BUILDING AT 4239
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: 16272030010000
Home facts updated by county records on Oct 7, 2020
Other
Expense Information
Total Annual: $2,400
Listing Information
Possession: Closing, Tenant's Rights
Seller Concessions: No
Around this home
Schools
Corkery Elementary School
Public PreK-8 • Assigned • 0.4mi
3/10
Infinity Math Science & Tech High School
Public 9-12 • Assigned • 1.1mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Chicago, IL • 60623
Average low and high temperatures (°F)
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68
52
52
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37
24
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Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.