Property Details

TITLE:
Chicago Multifamily | Mixed-Use | Redevelopment Opportunity
CONTROL:
Exclusive
VALUE:
$300,000
LOAN:
$0
EQUITY:
$300,000
TYPE:
Multi-Family
HAVE:
Investor / Redevelopment Opportunity in Roseland! Acquire two parcels offering income, adaptive reuse, and redevelopment potential. Explore rezoning to B2-2 for up to 8 units per lot / 16 total units, subject to zoning, plans, permits, and buyer approval.
WEBSITE URL:
ADDRESS:
125-127 E 107th Street, Chicago, Illinois
OTHER FILES:
GROSS SCHEDULED INCOME:
$36,900 Projected
VACANCY LOSS:
$1,980
GROSS EFFECTIVE INCOME:
$34,920
EXPENSES:
$9,800
NOI:
$25,120
DEBT SERVICE:
$0
CASH FLOW:
$25,120
CAP RATE:
8.37%
REMARKS:
Investor / Redevelopment Opportunity in Roseland! Acquire two parcels offering income, adaptive reuse, and redevelopment potential. Explore rezoning to B2-2 for up to 8 units per lot / 16 total units, subject to zoning, plans, permits, and buyer approval.
COUNSELOR:
Theresa Mueller
Trelleum Real Estate
132 N Washington
Naperville, Illinois, 60540
Cell: 630-715-9999