Chicago, IL 60649 3000 E 78th Street
$1,475,000
12 more
Presented By: Flats, LLC
Beds • 3
Home Details
The subject property is a 22 unit corner walk up located along South South Shore Drive. Unit mix at the property is comprised of one and two bedroom floorplans. The property also features a private parking lot in the rear and an on site laundry room. This is a major repositioning opportunity as the property needs extensive renovations. Currently eleven of the twenty two units are occupied. A new owner has the opportunity to add significant value through rehab and creation of a new rent roll. Proof of Funds required prior to showing.
Presented By: Flats, LLC
General for 3000 E 78th Street
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CountyCook
DirectionsSouth on South Shore Drive to north east corner of 78th street. Parking lot in the rear off of South Shore Drive or street parking along 78th Street.
ElectricService - 201 to 600 Amps
Electric Expense1200
Fuel Expense13700
Gross Income376680
Insurance Expense19800
MLS AreaCHI - South Shore
MaintenanceExpense11000
Net Operating Income188358
Number Of Units Total22
Operating Expense150654
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount25199
Tax Year2023
Tenant PaysElectricity
Trash Expense3300
Water Sewer Expense13700
Year Built1917
Exterior for 3000 E 78th Street
Lot Dimensions13939
Lot Size Acres0.32
Additional Details
Price History
