17924 East Halsted Street
| Multi-Residential - Current Operating Returns | |
|---|---|
| Property Address | 17924 East Halsted Street |
| Price | $575,000 |
| Units | 10 |
| Contact Agent | |
| Name | Tim Keenan |
| Phone | 773.327.9300 x206 |
| timk@crer.com | |
| Description | |
|
MLS: 07488358
REO foreclosure, multi-tenant office building (10-units), 100% vacant. Constructed circa 1978 renovated in 1993, 42 parking spaces, 6 common use restrooms, passenger elevator not in working order, exhibited signs of deferred maintenance, some major capital improvements are necessary. Located in office park area with convenient access to I-294 & local shopping, dining & hotels. |
|
| Summary - Operating Information | |
| Price | $575,000 |
| Number of Units | 10 |
| Capitalization Rate | 15.7 |
| Approximate Age | 16-25 Years |
| Approximate Square Feet | 15000 |
| Annualized Operating Data | |
| Scheduled Gross Income | Rental: $131,250 |
| Expenses | |
| Real Estate Taxes | (Tax Year:2008) $55,152.98 |
| Insurance | $3,000 |
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.