Turn Key 12-Unit Multi Family investment opportunity Chicago IL.

[Anthony Golob]

Investment Info:

Large multi-family (5+ units) buy & hold investment in Chicago.

Purchase price: $1,675,000

7401 S. Wabash
Chicago IL. 60619
12 units
(2) 3 bedrooms (10) 2 bedrooms

-The entire building underwent a gut renovation and is now fully occupied. Plans and permits were used for this project. Everything has been signed off on with the City of Chicago Department of Buildings
-All new mechanicals throughout the building
-New framing and drywall
-New back porches
-New roof
-New water main
-All new windows
-New fencing
-New washer and dryer area
-New electrical service
-New stainless steel appliances
-Tenant pays own utilities
-Large corner building in a great area.
-Rental demand was very high due to the neighborhood and level of construction.