4121 N Tripp Ave.
| Multi-Residential - Current Operating Returns | |
|---|---|
| Property Address | 4121 N. Tripp |
| Price | $779,000 |
| Units | 9 |
| Contact Agent | |
| Name | Tim Keenan |
| Phone | 773.327.9300 x 206 |
| timk@crer.com | |
| Description | |
| Residential Old Irving Neighborhood of Chicago. Close to Kennedy expressway buffered by green space. Lot's of parking spots (Indoor and Outdoor). Very well maintained 9 unit plus garden. Quiet cold a sac st. Newer windows, new broiler, newer water heater, hardwood floors. 100% occupied - Building has been well maintained but will need updating. | |
| Summary - Operating Information | |
| Price | $779,000 |
| Number of Units | 9 |
| Gross Rent Multiple | 9.6x |
| Capitalization Rate | 7.76 |
| Approximate Square Feet | 6678 |
| Expenses | |
| Real Estate Taxes | $8,498.59 Tax Year: 2007 |
| Total Expenses | $18,998 |
| Net Operating Income | $62,062 |
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.