Chicago, IL 60609 2300 W Garfield Boulevard
$615,000



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Presented By: Century 21 Circle
Home Details
EXCELLENT OPPORTUNITY for a (6) unit income producing MULTI-FAMILY INVESTMENT BUILDING NEAR THE ORANGE LINE train station, Gage Park, soccer field, schools, convenient shopping, CTA, etc. Beautiful property, rarely available!! Well maintained property. Units are spacious & in excellent condition w/many updates in the last 3-4 years. LRs & BRs have hwd floors. Very nice kitchens! Appliances included. Fully occupied. Tenants pay electric & cooking gas. SOLD AS-IS. Rents are low due to long-term tenants, consequently there's an Incredible opportunity for upside in rental income. ESTIMATED POTENTIAL RENTAL MKT VALUE of 1500+ for 2 BR units & 1BR 1200+!! Parking for 6 cars. Roof, y2022. HWT y 2023. Well maintained heating system!! Freshly painted entrance common areas!! Come see!! Don't delay... the high demand for rental apartments & short supply of multi-family properties makes this a true solid investment for you!! Ideal location...nearby ORANGE line to MIDWAY & EXPRESSWAY, schools, etc. ** Preapproved buyers, please**
Presented By: Century 21 Circle
General for 2300 W Garfield Boulevard
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsNorth or South to Garfield Blvd. 55th St to 2300 West to property
ElectricCircuit Breakers
Electric Expense552
Fuel Expense4900
Gross Income73200
Insurance Expense6800
MLS AreaCHI - Gage Park
MaintenanceExpense1200
Net Operating Income45957
Number Of Units Total6
Operating Expense27243
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount5091
Tax Year2023
Tenant PaysElectricity
Trash Expense1740
Water Sewer Expense4560
Year Built1962
ZoningMULTI
Exterior for 2300 W Garfield Boulevard
Lot Dimensions46X140
Additional Details
Price History
