Chicago, IL 60651 4855 W Cortez Street
$1,245,000
6 more
Presented By: Charles Rutenberg Realty of IL
Beds • 6
Home Details
12 quality fully leased rehabed units in emerging West Humboldt Park Quadrant. Rehab completed in last five years. Features include Tenant paid Heat, A/C and Elect. Stainless steel kitchens with dishwashers , granite counters, restored hardwood floors and generous room sizes. A restored 2 car plus garage is also included, Basement area includes coin laundry facilities for tenants on premises. Building is gated, entrance on Lamon side leads to a private enclosed outdoor space for tenant enjoyment. Fully rented building. Recent improvements include new rear porches, new exterior electrical and roof refurbishing. Minutes from schools, shopping, entertainment, public transportation and expressways.
Presented By: Charles Rutenberg Realty of IL
Interior Features for 4855 W Cortez Street
Other Interior Features
BasementPartially Finished
Total Fireplaces6
General for 4855 W Cortez Street
Additional Parcels Y/NNo
Cap Rate6.8
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Individual
CountyCook
Current UseMulti-Family
DirectionsCicero Ave north or south to Augusta Blvd. West to Lamon, right to Cortez
ElectricCircuit Breakers, Service - 0 to 100 Amps
Electric Expense2973
Fuel Expense2507
Gross Income168732
Insurance Expense11824
MLS AreaCHI - Austin
MaintenanceExpense7000
Net Operating Income99288
Number Of Units Total12
Operating Expense69444
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
SewerStorm Sewer
Standard StatusActive Under Contract
StatusContingent
Stories Count2
Tax Annual Amount17981
Tax Year2024
Tenant PaysAir Conditioning, Electricity, Heat
TownshipWest Chicago
Trash Expense3338
Water Sewer Expense13790
Year Built1925
ZoningMULTI
Exterior for 4855 W Cortez Street
Lot Dimensions100x80
Water SourceMunicipal Water
Additional Details
Price History
