$369,888

(( PRICE DROP! )) Decent looking property with some Good Value Add, still needs a bit of work... ((8 unit / But its a Legal 6 unit & There's 2 Buildings on the property)). The property is located in South Chicago directly across the street from Bessemer Park with a great swimming pool and tennis courts and right around the corner from Baker College Prep. Several units have been renovated being unit 1B, 2B, 3A, 3B and the coach house units. All the decks have been updated and are to code. The building has some newer windows that have been installed over the past few years. The property does not have any violations and will pass all inspections. All utilities are separate and paid for by the tenants. The building is sitting at a decent cap rate of 5.16% now and that's with only 4 of the 8 units rented & occupied. If all units are rented & occupied the cap rate would be at least a solid 11% conservatively. SHOWINGS ARE BY APPOINTMENT ONLY WEDNESDAYS OR THURSDAYS FROM 11AM TO 3PM ((48 HOURS NOTICE IS REQUIRED AS FOR TENANTS RIGHTS))