Chicago, IL 60632 4035 S Richmond Street
$899,000
7 more
Presented By: Horvath & Tremblay IL, LLC
Beds • 7
Home Details
BRIGHTON PARK - FOR SALE: 7-unit multifamily property featuring a great unit mix consisting of two (3BD/1BA) units, two (2BD/1BA) units, two (1BD/1BA) units, and one studio unit. The property generates strong rental income and currently grossing $96,420 in annually. All units are equipped with individual furnaces and individual water heaters. Located in the excellent rental market of the Brighton Park neighborhood, this is a solid investment opportunity with stable income potential.
Presented By: Horvath & Tremblay IL, LLC
General for 4035 S Richmond Street
Additional Parcels Y/NNo
CityChicago
CountyCook
DirectionsGet on I-90 E/I-94 E. Drive along I-55 S/Stevenson Expy. Take exit 288 from I-55 S/Stevenson Expy. Take S Kedzie Ave, W Pershing Rd and S Sacramento Ave to S Richmond St
Electric Expense250
Fuel Expense
Gross Income96420
Insurance Expense6377
MLS AreaCHI - Brighton Park
MaintenanceExpense3500
Net Operating Income63327
Number Of Units Total7
Operating Expense30196
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount9993.18
Tax Year2024
Trash Expense2000
Water Sewer Expense2400
Year Built1924
Exterior for 4035 S Richmond Street
Lot Dimensions118x29
Lot Size Acres0.07
Additional Details
Price History
