2046 East 73rd Street
2046 East 73rd Street
$470,000
12
6
—
—
—
Closed 10/14/22
Description
South Shore cash cow for sale! Looking for an armchair investment with some upside included? This six unit apartment building presents the new owner with the opportunity to acquire an in place cap rate of 9.6 with pro forma numbers topping a 12 cap. The building has six 2 bed/1 bath apartments. The building was fully rehabbed in 2016 and all units have updated kitchens and baths. Tenants pay the heat in this building as all six apartments have separate gas forced air as well. The property is located...South Shore cash cow for sale! Looking for an armchair investment with some upside included? This six unit apartment building presents the new owner with the opportunity to acquire an in place cap rate of 9.6 with pro forma numbers topping a 12 cap. The building has six 2 bed/1 bath apartments. The building was fully rehabbed in 2016 and all units have updated kitchens and baths. Tenants pay the heat in this building as all six apartments have separate gas forced air as well. The property is located walking distance to Lake Michigan, near the Jeffery Plaza Shopping Center and near all the best public transit hubs. With the fantastic location in the South Shore neighborhood, plenty of upside on the rents and stable income history, this six unit is a once in a lifetime opportunity.
- Listed by John Warren • Forte Properties, Inc.
- Listed by Rodolfo Yanez • Forte Properties, Inc.
Sold By Forte Properties, Inc.
Property Details for 2046 East 73rd Street
Area
CHI - South Shore
TownshipHyde Park
Num Of Parking Spaces3.0
Num of Interior Fireplaces0
ZoningMULTI
Location
LISTING UPDATED: 10/14/2022 05:29 PM
Property Details for 2046 East 73rd Street
Status | Closed |
---|---|
MLS # | 11480713 |
Days on Market | 73 |
Taxes | $4,250 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Flats |
Year Built | 1913 |
Lot Size | 0.12 AC / 5,080 SF |
County | Cook County |
Location
Building Information for 2046 East 73rd Street
Stories-Residences6Year Built1913Building Size-Lot Size0.12 AC / 5,080 SF
Payment Calculator
$2,919 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2046 East 73rd Street
Property History for 2046 East 73rd Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2046 East 73rd Street
Taxable ValueLand$6,300Additions$21,700Total$28,000
Tax Record2022$5,759 ($480 / month)
Home Facts
Baths6Total Finished SqFt6,588 SqFtAbove Grade Finished SqFt6,588 SqFtStories3Lot Size5,040 SqFtStyleMulti-Family Res (5+ Units)Year Built1918CountyCOOKAPN20-25-208-029
Schools near 2046 East 73rd Street
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Bouchet Elementary Math & Science Academy PublicPK to 8 | ||
Chicago Vocational Career Academy High School Public9 to 12 | ||
South Shore Intl Col Prep High School Public9 to 12 | ||
South Shore Fine Arts Elementary School PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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