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Must Sell 30 Unit Building | Chicago IL | 5275923685

This listing was posted on American Listed.

$310,000

Must Sell 30 Unit Building

Price:
$310,000
BR/BA:
2 BR
Location:
Chicago, IL
Description:

Ton’s of Cashflow potential with this 30 units in the Lawndale area of Chicago IL. Only $375,000 $310,000. Potential to earn over $145,000 per year in profit. And up to seventeen percent return. The building needs a full gut rehab. Professional contractors have estimated repairs to be raging from $590k to $750k. Property is completely vacant and is ready to be rehabbed with 25 studios, 5 1 beds apartments and one large retail space that can be converted into a laundry mat bringing in $5,000 per month in projected income. You can also convert the studio apartments into 16 two beds apartment. Building features new roof, some new windows, new gutters. Again needs full gut rehab inside.
Property Type:
Commercial & Office Space for Rent
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More About this Listing: Must Sell 30 Unit Building
Must Sell 30 Unit Building is a Two Bedroom Office Space for Rent in Chicago IL. Find other listings like Must Sell 30 Unit Building by searching Oodle Classifieds for Two Bedroom Office Space for Rent in Chicago IL.