Stickney, IL 60402 4235 S Harlem Avenue
$1,195,000



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Presented By: Agent Realty Partners
Home Details
Rare opportunity to acquire a recently remodeled, professionally managed 8-Unit corner building with parking in a highly accessible Stickney location. Situated on a quiet cul-de-sac street, this solid Flexicore construction asset offers long-term durability and low-maintenance ownership. Unit mix includes (4) 2BD/1BA and (4) 1BD/1BA units, an ideal mix for stable tenancy and strong demand. Building features a central boiler with radiant heat, coin-operated laundry, and dedicated basement storage for tenants. Capital improvements include all new windows installed in 2024! The building is being delivered with a clean inspection from the Village of Stickney! Currently generating over $119,000 in projected gross income with clear potential to increase rents.
Presented By: Agent Realty Partners
General for 4235 S Harlem Avenue
Additional Parcels Y/NYes
Cap Rate6.65
CityStickney
CoolingWall Sleeve
CountyCook
DirectionsOgden Ave to Harlem Ave. South on Harlem Ave to Subject Property
ElectricCircuit Breakers
Electric Expense930
Fuel Expense3057
Gross Income111336
Insurance Expense5002
MLS AreaStickney
MaintenanceExpense1529
Net Operating Income79415
Number Of Units Total8
Operating Expense36045
PossessionTenant's Rights
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount16465
Tax Year2024
Tenant PaysElectricity
Trash Expense1131
Water Sewer Expense6739
Year Built1966
Exterior for 4235 S Harlem Avenue
Lot Dimensions60X130
Additional Details
Price History
