- Status Sold
- Sale Price $745,000
- Bed 21
- Bath 7
- Location East Garfield Park
2007 gut-renovated, 4-unit former condo building in hot East Garfield Park! Excellent cash flow opportunity with significant rental upside. Three xtra large 6 bed / 2 bath units in front building plus full unfinished basement. All bedrooms fit full/queen size beds + closets, large living area, separate dining room, separate kitchen, and rear porch. One 3 bed / 1.5 bath duplex coach house. All units rented with CHA tenants and they pay nearly 100% of rent. Two of the units are under rented and can be raised with a. pro-forma 11.5% cap rate. Copper plumbing, updated electric, individual gas-forced heat, individual hot water tanks, Unit 2 and 3 feature in-unit laundry and unit 1 has laundry hook up. Unit 3 has been recently updated and has central air. Tear off roofs for both buildings in 2020. Tenants pay gas/heat/electric. This turn key building is truly a cash cow.
General Info
- Property Type Two to Four Units
- List Price $745,000
- Sale Price $745,000
- Taxes $3,595
- Assessments Not provided
- Assessments Include Not provided
- Market Time 32 days
- Year Built 1908
- Square Feet Not provided
- Listed by Christopher Norton @properties
- Source MRED as distributed by MLS GRID
Rooms
- Total Rooms 36
- Bedrooms 21
- Bathrooms 7
Units
- Unit 1
- Rooms 10
- Beds 6
- Baths 2
- Appliances Stove, Refrigerator
- Rent $1,625/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires MTM
- Unit 2
- Rooms 10
- Beds 6
- Baths 2
- Appliances Stove, Refrigerator, Washer, Dryer
- Rent $2,037/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 07/22
- Unit 3
- Rooms 10
- Beds 6
- Baths 2
- Appliances Stove, Refrigerator, Washer, Dryer
- Rent $1,922/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 09/21
- Unit 4
- Rooms 6
- Beds 3
- Baths 1.1
- Appliances Stove, Refrigerator
- Rent $1,222/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires MTM
Features
- Heat Natural Gas, Forced Air
- Air Conditioning Not provided
- Parking None
- Age 100+ Years
- Exterior Brick
Based on information submitted to the MLS GRID as of 7/3/2025 9:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
