Property Listing No Longer Available for Sale

5216 South Prairie Avenue, Chicago, IL

Others for Sale - $389,000 - 12,000 Sq. Ft.


Property Info

CIMLS#1036116
Location
  5216 South Prairie Avenue
  Chicago IL 60615
UpdatedMarch 26th, 2019
TypeOthers
Price$389,000
Building12,000 Sq. Ft.

Property Description

Large 6-unit building with approximately 1500 sq.ft. per unit. Needs gut rehab. Each unit was set up with individual heat and hot water. New 400amp service. This is a solid building with good bones but does need extensive work. Large lot with room in the rear for 8+ parking spaces. Once renovated, building will have gross rental income of approximately $12,000 a month in income. May have building code violations. Building will be conveyed vacant. As-is sale. Multiple offers received. Highest and best due by noon on Friday, March 22nd.


Financials


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