Change Color

Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE
Active
For SALE

951 86th Street, Chicago, IN, 60619

  • - Beds
  • - Baths
  • - Sq. Ft.

$2,497,000

Year: 1965

Description

Exceptional opportunity 15 unit, 8 garage, fully occupied (one unit under renov.) | $201k NOI, 8% CAP | Stable tenants, with multi-year leases remaining (18.1 mo avg)--some to 2028, provide value-add NPV boost | $24k monthly cash flow from eight 2bed, seven 1bed, eight single garages, coin laundry | 7 space value-add fee parking | 5.3 yr avg tenant-tenure, desirable units, EZ transportation, apartment wait list | Inflation hedge with annual subsidized rent increases | 20yr same owner | East Chatham, 72 "Good" mobility, quiet, tree-lined, adjacent Metra (87th St/Woodruff), 1 mi to I-94, 1 mi to CTA Red Line | Zero-deferred maintenance: high-efficiency boiler (2024), garage roof (2024), security cameras/system (2023), tuckpointing (2021), coin laundry (2021), garage doors (2021), crawlspace drain tile (2021), 50yr HD roof (2018)--warranty through 2028, low-E aluminum windows, R-40 attic insulation

Overview

  • - Beds
  • - Bathrooms
  • 0 Bath (Full)
  • 0 Bath (Half)
  • - Sq. Ft.
  • 0 Rooms

Other Details

  • Property Type: Multi Family 5+
  • Neighborhood: CHI - Chatham
  • Year Built: 1965
  • Basement Description: Crawl
  • Days On Market: 7
  • Outdoor Parking: 6-12 Spaces,Private Lot,Unpaved,Parking On-Site


HOA & Taxes

  • HOA Fee: 0.00
  • Tax annual amount: 10330.00
  • Tax year: 2022
  • Exemptions:
  • Association Fee Includes:

Location

Electric Details
  • Circuit Breakers
  • Separate Meters
  • Service - 201 to 600 Amps
Heating & Cooling Details
  • Wall Sleeve
Utilities Details
  • Water-Municipal
  • Cable Available
Roof Details
  • Composition
Exterior Features
  • Lot Size: TRIANGULAR 76.17FT FRONTAGE X 397.9 ALLEY X 404.8
  • Ownership:-
  • Built before: 1965
  • Age: -
  • Exterior: Brick

Unit Types Details

Unit 1 Details
  • UnitType: Unit 1
  • Total Rooms: 4
  • Total Beds: 2
  • Total Baths: 1
  • Total Full Baths: 1
  • Monthly Income: $1242
  • Monthly Income Max: $1675
Unit 2 Details
  • UnitType: Unit 2
  • Total Rooms: 3
  • Total Beds: 1
  • Total Baths: 1
  • Total Full Baths: 1
  • Monthly Income: $1086
  • Monthly Income Max: $1470
Unit 3 Details
  • UnitType: Unit 3
Unit 4 Details
  • UnitType: Unit 4
Unit 5 Details
  • UnitType: Unit 5
Unit 6 Details
  • UnitType: Unit 6
Unit 7 Details
  • UnitType: Unit 7

Room Details

School Details

Elementary School
  • Name: -
  • District: -
Middle Or Junior School
  • Name: -
  • District: -
High School
  • Name: -
  • District: -

Contact Agent

team-1

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Sohum Realty are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.