2230 S Sawyer Avenue Chicago, IL $ 960,000
2230 S Sawyer Avenue
$ 960,000
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2230 S Sawyer Avenue

Chicago, IL, 60623
$ 960,000
Bedrooms3 Baths0.0 Sq 4,050

Monthly Estimate*

$ 5,989

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Multi-Family Home for sale in Chicago, IL

for $960,000 with 3 bedrooms. This 4,050 square foot home was built in 1887 on a lot size of 0.07174.

Introducing an exceptional opportunity for multifamily/mid-rise investors in the vibrant city of Chicago. This newly renovated 4,050 SF property, built in 1909 and updated in 2022, features 6 units and enjoys full occupancy, making it an attractive addition to any portfolio. Located in heart of Little Village Area, the property offers significant potential for rental increases, appreciation in a prime urban location. Don't miss the chance to acquire this impressive property with a strong rental history and ample room for continued growth and prosperity. -6 Unit Fully Renovated Property -Full Occupied w/Strong Income History -Tremendous Upside Offering Both Rental Growth and Appreciation -Below Market Rents -Conveniently Located! Next to Cermak, Kedzie & Ogden CTA bus lines, CTA Train (Pink Line) and I290 & I55 Expressways

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Multi-Family Active

Price

$ 960,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 5,154

Style

Lot Size

0.07174

Year Built

1887

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12209947

Features
General
Zoning MULTI
Construction Materials Brick Stone
Year Built 1887
Stories Count 3
Tax Year 2023
Gross Income 86700
County Cook
Net Operating Income 74563
Operating Expense 12137
Insurance Expense 2180
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 1500
Status Active
Directions Odgen to Kedzie Kedzie South to Cermak. Property is located 1 block west of Kedzie & Cermak Intersection. Or CTA Pink line Train to Kedzie exit. Walk 1block southwest.
City Chicago
Number Of Units Total 6
MLS Area CHI - South Lawndale
Lot Size Square Feet 3125
Tax Annual Amount 5154
Electric Expense 0
Fuel Expense 0
Trash Expense 454
Water Sewer Expense 1941
Additional Parcels Y/N N
Standard Status Active
Cap Rate 7.7
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 4050
Lot Dimensions 25X125
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* Excluded Features
List By
First Western Properties

Broker

paul@1stwesternproperties.com

Email

Affordability Calculator

$6,419
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,989
Monthly Property Taxes
$430
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2024$960,000 Listed Price

Map


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2230 S Sawyer Avenue, Chicago, IL, 60623 is a Multi-Family Home for sale at $960,000 with 4,050 sqft and a lot size of 0.07174. 2230 S Sawyer Avenue has 3 bedrooms, 0.0 baths, and was built in 1887. The property's zip code is 60623 which is in Chicago, IL