3110-18 W 59th Street Chicago, IL ^$ 1,400,000

3110-18 W 59th Street

^$ 1,400,000

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3110-18 W 59th Street

Chicago, IL, 60629

^$ 1,400,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 8,385

3110-18 W 59th Street, Chicago, IL 60629 - Image 1

3110-18 W 59th Street, Chicago, IL 60629 - Image 2

3110-18 W 59th Street, Chicago, IL 60629 - Image 3

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3110-18 W 59th Street, Chicago, IL 60629 - Image 8

Multi-Family Home for sale in Chicago, IL

for $1,400,000 with 3 bedrooms. This home was built in 1966 on a lot size of 0.286961.

Welcome to an exceptional investment opportunity! This newer brick building features 13 apartments and a bonus restaurant space, providing multiple streams of income. With an iron fence in front, the property offers security and curb appeal. Tenants pay utilities, maximizing profitability for the savvy investor. The building comprises 10 one-bedroom apartments, 3 two-bedroom apartments, and a commercial space, catering to various rental needs. Don't miss out on this fantastic money-making opportunity - call now to schedule a showing!

Multi-Family Contingent

Price

^$ 1,400,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 22,392

Style

Multi-Family

Lot Size

0.286961

Year Built

1966

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12064305

Features

General

Possession Closing Tenant's Rights

Zoning COMMR

Construction Materials Brick

Year Built 1966

Tenant Pays Air Conditioning Electricity Heat

Stories 2

Township Lake

Tax Year 2023

Current Use Multi-Family

Gross Income 173100

County Cook

Net Operating Income 116100

Operating Expense 57410

Insurance Expense 4796

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

Status Contingent

Directions KEDZIE TO 59TH STREET/EAST TO PROPERTY

City Chicago

NumberOfUnitsTotal 14

MLS Area CHI - Gage Park

Lot Size Square Feet 12500

Tax Annual Amount 22392

Electric Expense 2024

Fuel Expense 10716

Trash Expense 1966

Water Sewer Expense 12015

Additional Parcels Y/N N

Days on Market 87

Standard Status Active Under Contract

Exterior

Lot Dimensions 125X100

Exterior Brick

Interior

Basement Crawl

* Excluded Features

List By

Re/Max Mi Casa

Broker

mcastillo@micasarealtors.com

Affordability Calculator

$10,251

Per Month

Monthly Principal & Interest: $8,385
Monthly Property Taxes: $1,866
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$631,575

Percent of Sale Price 55%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/23/2024	$1,400,000		Listed Price

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3110-18 W 59th Street, Chicago, IL, 60629 is a Multi-Family Home for sale at $1,400,000 with a lot size of 0.286961. 3110-18 W 59th Street has 3 bedrooms, 0.0 baths, and was built in 1966. The property's zip code is 60629 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 9/22/2024.

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3110-18 W 59th Street

Multi-Family Home for sale in Chicago, IL

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