Chicago, IL 60628 10507 S Forest Avenue
$320,000



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Presented By: Redfin Corporation
Home Details
Calling all investors!!! Come take a look at this 6-unit building which has 5 units that have been renovated in the past few years and it's not only a great buy but you will IMMEDIATELY begin seeing your investment. The tuck pointing & roof were done less than 10 years ago! A hot water tank that holds up to 75 gallons is also less than 10 years old! The main water line was replaced in 2023! The property is in a great location, close to everything. 12 HOURS NOTICE TO VIEW 2 UNITS FIRST! See Agent remarks for more showing instructions. Sold As-Is, no survey & taxes pro-rated at 100.
Presented By: Redfin Corporation
Interior Features for 10507 S Forest Avenue
Other Interior Features
BasementUnfinished, Block
Total Fireplaces
General for 10507 S Forest Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingNone
CountyCook
Current UseMulti-Family
Directionsnorth/south on King dr. to 105th, west to FOREST, south to property
ElectricCircuit Breakers
Electric Expense360
Fuel Expense6000
Gross Income55272
Insurance Expense3500
Lot Size Square Feet6250
MLS AreaCHI - Roseland
MaintenanceExpense
Net Operating Income41060
Number Of Units Total6
Operating Expense14212
PossessionClosing, Immediate, Negotiable
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount3172.58
Tax Year2023
TownshipHyde Park
Trash Expense1320
Water Sewer Expense2400
Year Built1918
ZoningMULTI
Exterior for 10507 S Forest Avenue
Building Area Total4527
Foundation DetailsBlock, Brick/Mortar
Lot Dimensions50 X 125
Additional Details
Price History
