For Sale

Listed by Scott Siegel from SRFG, Inc

Source: Midwest Real Estate Data, LLC #11403680

8322 South Baker Avenue, Chicago, IL, 60617

$123,667

7
2

MultiFam

•

30+ days on the market

What's around 8322 South Baker Avenue

About this property

$742,000 PACKAGE PRICE! WE ARE PLEASED TO PRESENT AN OUTSTANDING VALUE-ADD OPPORTUNITY: A PORTFOLIO OF 13 UNITS OVER 6 PROPERTIES CONSISTING OF FIVE 2-FLATS + ONE 3-FLAT WITH 50 BEDS & 15 BATHS. ALL HAVE INDIVIDUAL GFAS AND MOST OF THE CAP-X DONE IN THE LAST 3 YEARS. AVAILABLE ON AN 'ALL-OR-NONE BASIS.' MOST ARE IN CHA (SECTION-8) RENTAL SERVICE. THE PORTFOLIO FEATURES A 15% IN-PLACE CAP RATE (24% PRO-FORMA). LOW/NO CAP-X REQUIRED AND SOLID RENTAL UPSIDE! AVAILABLE ADDRESSES ARE: 10801 S HOXIE, 8037 S HOUSTON, 8408 S EXCHANGE, 2861 E 93RD ST, 8322 S BAKER & 8457 S BRANDON. SEE THE ONE PAGE OVERVIEW UNDER THE ADDITIONAL INFORMATION TAB. PLEASE NOTE: ALSO AVAILABLE AS A 'ONE-OFF' IS MLS#: 11326610 217 N. KARLOV AN OPERATING 2-FLAT IN GARFIELD PARK WITH $15,000/YR. IN GPI FOR $127,000!

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