Chicago, IL 60624 4407 W Adams Street
$1,375,000
Presented By: AAA Real Estate
Home Details
TURN KEY, HIGH-Income producing gem in West Garfield Park area right across an elementary school. All 8 units are occupied with long-term strong tenants at maximum market rents. Full rehab in 2017 from top to bottom. 4 units are 4bedroom 1bath and 4 units are 5bedroom 1 bath. Each unit is 1400sqft. All units have Separate utilities (gas and electric). The property also features a gated parking lot in the back generating additional income. It also comes with a security system with cameras and a key fob system. Easy access to DOWNTOWN! Close to I290 expressway, shopping, restaurants and parks. CHECK ADDITIONAL DOCUMENTS FOR ALL FINANCIALS 2024-2025. WITH 20-30 down, your investment will have high-yield returns. The building has a high cost segregation opportunity as well for high deductions.
Presented By: AAA Real Estate
General for 4407 W Adams Street
Additional Parcels Y/NYes
Cap Rate8.5
CityChicago
CoolingCentral Air
CountyCook
DirectionsN on Kostner and Jackson to Adams. Right on Adams.
Electric Expense480
Fuel Expense1
Gross Income171600
Insurance Expense11000
MLS AreaCHI - West Garfield Park
MaintenanceExpense15000
ModificationTimestamp2025-10-12T05:06:04.925Z
Net Operating Income115600
Number Of Units Total8
Operating Expense55000
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount16000
Tax Year2023
Tenant PaysElectricity, Heat
Trash Expense4000
Water Sewer Expense4200
Year Built1925
ZoningMULTI
Exterior for 4407 W Adams Street
Lot Dimensions6091
Additional Details
Price History
