Chicago, IL 60644 759 N Pine Avenue
$1,298,750



18 more


















Presented By: Hometown Real Estate Group LLC
Home Details
Income producing property. Low taxes. Unique investment opportunity to own this mixed used property. Priced to sell. Situated in North Austin neighborhood with a dense residential community and commercial traffic corridor. Two story brick building on the corner of Chicago and Pine Avenue. Features a total of 22 units and 2 car garage. 14 residential apartments, and 8 commercial units. The 14 residential rental apartments includes 4 apartments with 2 bedrooms; 7 units with 1 bedroom and 3 studio efficiency apartments. Tenants pay electric, gas and electric heat. The main level features 8 separate commercial units. Fenced backyard. With a total projection gross income of 26,125 per month, this property is a true cash flow generator. Large units, desirable layout, and prime income potential - a must-see for serious investors! Sold AS-IS.
Presented By: Hometown Real Estate Group LLC
Interior Features for 759 N Pine Avenue
Other Interior Features
FlooringTile, Wood
General for 759 N Pine Avenue
Additional Parcels Y/NNo
Cap Rate17.1
CityChicago
Construction MaterialsBrick, Concrete, Wood
CoolingNone
CountyCook
DirectionsEast of Central Ave. On the South East corner of W Chicago Ave and N Pine Ave.
ElectricCircuit Breakers
Electric Expense2225
Fuel Expense6285
Gross Income313500
Insurance Expense22000
Lot Size Square Feet15000
MLS AreaCHI - Austin
Net Operating Income222479
Number Of Units Total22
Operating Expense91021
PossessionClosing
Possible UseCommercial, Multi-Family
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount32833
Tax Year2024
Tenant PaysElectricity, Heat
Trash Expense3839
UtilitiesElectric to Site, Natural Gas Available, Water Available
Water Sewer Expense8839
Year Built1923
ZoningMULTI
Exterior for 759 N Pine Avenue
Building Area Total16790
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions100x150
Water SourceMunicipal Water
Additional Details
Price History

SQFT • 16,790