4035-37 W Harrison Street,Chicago, IL 60624
Chicago, IL 60624
Description
Invesment Opportunity For a Savvy Investor! This Value Add Opportunity has major upside potential. The current offering consists of a Center Entrance 4 Flat with the potential to legalize the 2 garden apartments for a 6 Count! The floor plans are huge with 3 bedrooms, 1 bath apartments, tall ceilings, and 1200 sq ft per unit. There are two independent basement areas with 7 ft ceilings in place, separate gas meters, electrical meters, as well as a front and rear dedicated entrances. Acquisition and Construction on 4 units with a 6 Unit ARV and rent roll if done properly. Floor Plate: 3 bedroom 1 bath apartments with 9 ft ceilings, original hardwood flooring, independent forced air heating systems--NO AC currently-- separately metered gas, and electrical. This is a value add opportunity and is being sold as is. There are 3 out of the 4 units currently leased, and so the offering is subject to existing tenancy which are all M_T_M. currently. There is a massive garage structure in place at the rear, and the lot size is 50 x 125. Images are of the one vacant unit, other units need more work but have exact same layout. Make this your next investment and create massive cash flow for yourself.
Details
| MLS # | 12739000 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 23 |
| Listing Provided By | North Clybourn Group, Inc. | Wilfredo Aguilar Jr |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 5 |
| Garage | 2 |
| Basement | Y |
| Zoning | MULTI |
Interior
| Rooms Total | 24 |
|---|---|
| Heating | Natural Gas, Forced Air |
| Window Features | Screens |
Exterior
| Roof | Asphalt |
|---|---|
| Foundation Details | Stone |
| Construction Materials | Brick |
| Fencing | Fenced |
Parking
| Parking Features | Yes, Garage Owned, Detached, Garage |
|---|---|
| Garage Spaces | 2 |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 4234 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60624 |
| Area | CHI East Garfield Park |
| Listing VS Median (in 60624) | |
Price: $499,900 low | high Med: $174,900 On site: 23 low | high Med: 24 | |
Market Activity 60624
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60624 |
| Area | CHI East Garfield Park |
| Listing VS Median (in 60624) | |
Price: $499,900 low | high Med: $174,900 On site: 23 low | high Med: 24 | |
