INVESTOR RETIRING - LIQUIDATING PORTFOLIO !!!

[Melsi Bifsha]

FOR SALE  

ADDRESS: 8000 S Champlain Ave 

                     CHICAGO, IL 60619

6-Unit Apartment building for Sale 

3 units are rented and 3 vacant ready for new tenants 

Great income property quiet and safe area lots of 6-13 unit buildings around 

County: Cook

Purchase Price: $189,000


ARV: $275,000


Rental

3) 1bed +1bath  $750

2) 2bed +1bath  $850

1) 2bed+2bath  $1400

Beds:9


Baths:7


Type: 6-unit


Sq.Ft: 7,644


Sq.Ft Lot: 5,604


Year Built: 1920


Construction: Brick 


Garage: Yes 2-car 


Basement:Yes 


Condition:Very good


Upgrades:New Comercial Hot Water tank,

New Steam Boiler,Year 

old repeated roof,windows great condition.

Repair Estimate: $3,500

Currently No S8 tenants 
Currently Rented: 3 out of 6 units

Rental income fully occupied $5,025

Tenants month to month agreement.

Tenants pay electric and cooking gas

Owner pays heating gas

Type of heating:Steam boiler 
Compare to Market Rent: low 
Taxes: $334/ month

Water: $312/month

Heat: $710/month

Garbage: $137/month

Insurances: $475/month 

HERE ARE SIMILAR PROPERTIES SOLD:

https://www.redfin.com/IL/Chicago/8041-S-Rhodes-Av....

http://www.loopnet.com/Listing/19841475/8129-31-S-....

HERE ARE FEW PICTURES :

https://www.dropbox.com/sh/6ksxzwujcthw54e/AAAHtoG...

Melsi Bifsha

Tel: 773-968-8891

[email protected]