5635 West Iowa Street
5635 West Iowa Street
$770,000
16
8
—
—
—
Closed 11/15/23
Description
Welcome to this exceptional opportunity to own a charming brick 8-unit property situated on a highly desirable block. This well-maintained building boasts an impressive array of features that make it a solid 10% cap investment for any discerning buyer. Comprising a total of eight 2-bedroom and 1-bathroom units, this property offers spacious and comfortable living spaces for tenants. The units have been meticulously cared for, showcasing the pride and dedication of the current owner. The interiors...Welcome to this exceptional opportunity to own a charming brick 8-unit property situated on a highly desirable block. This well-maintained building boasts an impressive array of features that make it a solid 10% cap investment for any discerning buyer. Comprising a total of eight 2-bedroom and 1-bathroom units, this property offers spacious and comfortable living spaces for tenants. The units have been meticulously cared for, showcasing the pride and dedication of the current owner. The interiors feature beautiful hardwood floors throughout, creating a warm and inviting atmosphere. The gas forced air system ensures efficient heating, while the separate utilities provide convenience and ease of management. All occupied units are occupied by CHA tenants. This arrangement guarantees a consistent and reliable monthly income. The CHA program provides secure rental payments and a steady source of income for property owners. One of the standout features of this property is the dedicated and reliable management team that is willing to stay on board for the new owner. This continuity ensures a seamless transition and peace of mind for those looking to invest in this property. Situated on a great block, this property enjoys a convenient and sought-after location. Residents have easy access to amenities, including shopping centers, restaurants, parks, and public transportation options. The surrounding neighborhood is known for its vibrant community and friendly atmosphere. Don't miss out on this incredible opportunity to acquire a well-maintained 8-unit brick property with stable CHA tenants and a strong rental history. Whether you're an experienced investor or a first-time buyer, this property offers the perfect combination of stability and future prospects. Act quickly, as properties like this do not stay on the market for long. Schedule your showing today and seize the chance to own this fantastic investment property.
- Listed by Sagar Shah • YBRS Realty Inc.
Sold By RE/MAX 10
Property Details for 5635 West Iowa Street
Area
CHI - Austin
TownshipWest Chicago
Num Of Parking Spaces0.0
ZoningMULTI
Location
LISTING UPDATED: 11/15/2023 12:16 PM
Property Details for 5635 West Iowa Street
Status | Closed |
---|---|
MLS # | 11788199 |
Days on Market | 179 |
Taxes | $9,338 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Multi Family 5+-Other |
Year Built | 1915 |
Lot Size | 0.14 AC / 6,100 SF |
County | Cook County |
Location
Building Information for 5635 West Iowa Street
Stories-Residences8Year Built1915Building Size-Lot Size0.14 AC / 6,100 SF
Payment Calculator
$4,980 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5635 West Iowa Street
Property History for 5635 West Iowa 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.
Schools near 5635 West Iowa 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 - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Brunson Math & Sci Specialty Elementary School PublicPK to 8 | ||
Austin College and Career Acad High School Public9 to 12 | ||
Douglass Academy High School Public9 to 12 | ||
Banner West Academy High School Public9 to 12 |
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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