Property for Sale: 400 E 109th, Chicago, IL 60628
$400,000
$400,000
400 E 109th,
Chicago, IL 60628
$400,000
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Price:
$400,000
Est. payment: Skip to Mortgage Calculator
Type Commercial
Year Built 1962
City Chicago
County Cook
MLS 12068350
Status Active Under Contract
This 6-unit building offers an exceptional investment opportunity, boasting a strong cap rate of 12.3 to ensure solid positive cash flow. Comprising five 2-bed/1-bath units and one 1-bed/1-bath garden apartment, each unit features hardwood floors and spacious layouts with generously sized great rooms and large eat-in kitchens. Recent upgrades, including copper plumbing, updated electric systems, and extensive masonry work, enhance the building's value while reducing maintenance needs. Additionally, the property provides convenient onsite laundry facilities and five parking spaces at the rear. Positioned on a serene, tree-lined street near the esteemed Gwendolyn Brooks College Preparatory campus and Palmer Park, its location is highly desirable. This 6-unit walk-up presents an attractive opportunity for investors seeking strong cash flow and potential value appreciation in a prime Chicago location.
Lot & Building Features
Tax Year 2022
Lot Dimensions 43' X 125' ft
Price History of 400 109th, Chicago, IL
Date | Name | Price | Difference |
---|---|---|---|
12/31/1969 | Listing Price | $400,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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400 109th (MLS #12068350) is a commercial listing located in Chicago, IL. This property was listed on 10/02/2024 and has been priced for sale at $400,000.
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: Barr Agency, Inc |