Property for Sale: 11429 S King, Chicago, IL 60628 SOLD
$420,000
$420,000
11429 S King,
Chicago, IL 60628 SOLD
$420,000
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Selling Price: $420,000
Original List Price: $449,900
Sold at 93.4% of list price
Sold Date: 08/08/2024
Type Commercial
Year Built 1906
City Chicago
County Cook
MLS 12017135
Status Closed
Great opportunity for the new or seasoned investor to acquire this 6-unit income-generating property. This property offers solid cash flow, has upward potential of 14% cap rate, and an upward potential of cash on cash return of 32%. The property has a new back porch (1-year old). The adjacent parking lot with separate PIN, 5 parking spaces, and a 2.5-car garage can generate additional income. Professionally managed. Being sold as-is. Four of the 6 units are currently leased. Perfect for the owner-occupant situation! Showings by appointment only. The property won't last long, schedule a showing today!
Room Features
Basement Description Finished
Lot & Building Features
Construction Brick
Cooling Window Unit(s)
Tax Year 2022
Lot Dimensions 5544 ft
Price History of 11429 King, Chicago, IL
| Date | Name | Price | Difference |
|---|---|---|---|
| 12/31/1969 | Listing Price | $420,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Listed by PIP Realty Group, Latrease Davenport
Sold by Keller Williams Preferred Rlty, Tameka Lewis-Madkins
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 Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: PIP Realty Group |