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$775,900 Contingent

617 East 50th Place
Chicago, IL 60615

8 units | Multi Family Home - MLS# 09856522
Property Photo
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Description

Choice Location & Big Opportunity. See this elegant well kept brick six flats. Many apartments have fireplaces, form din & mod kit, one apt is bi-level duplex w spiral stairs. It is a peaceful retreat near historic Washington Park. This building has had tender loving care. Two 2-car garages are included in the rear. Proof of funds are required with all offers. Must Comply w Tenants Rights for all showings.

Features

  • # Of Bdrms - Unit 1: 2
  • # Of Bdrms - Unit 2: 2
  • # Of Bdrms - Unit 3: 1
  • # Of Full Bthrms - Type 1: 1
  • # Of Full Bthrms - Type 2: 1
  • # Of Full Bthrms - Type 3: 1
  • # of Parking Spaces: 4
  • # Of Rooms - Unit 1: 5 Rooms
  • # Of Rooms - Unit 2: 4 Rooms
  • # Of Rooms - Unit 3: 2 Rooms
  • # Of Stories: 3
  • # Of Units - Apt. Type 1: 6
  • # Of Units - Apt. Type 2: 1
  • # Of Units - Apt. Type 3: 1
  • Air Conditioning: Window Unit/S
  • Approximate Age: Older
  • Basement: Finished
  • Built Before 1978 (Y/N): Yes
  • Construction: Concrete, Concrete Block
  • County/Area: Cook County
  • Current Use: Residential-Multi-Family
  • East: 617
  • Electric Expense Source: $
  • Electrical Service: Circuit Breakers
  • Electricity Expense: $885
  • Exterior Building Type: Brick
  • Fire Protection: Fire Extinguisher/S, Smoke Or Fire Protectors
  • Fireplace: 6
  • Foundation: Concrete
  • Frontage/Access: City Street
  • Fuel Expense: $8,239
  • Fuel Expense Source: $
  • Gross Rent Multiplier: 8.33
  • Heat/Ventilation: Radiators
  • Indoor Parking: 1-5 Spaces, Secured
  • Insurance Expense: $6,293
  • Janitor Expense Source: $
  • Listing Status: Contingent
  • Lot Dimensions: 50X125
  • Lot Sq Ft: 6050
  • Monthly Income - 1: $900
  • Monthly Income - 2: $750
  • Monthly Income - 3: $625
  • Monthly Income Max - 1: $1,100
  • Monthly Income Max - 2: $800
  • Monthly Income Max - 3: $800
  • Net Operating Income Year: $2,016
  • Other Expense Source: $
  • Parking Spaces: 4
  • Pool: Hot Tub, See Indoor Parking
  • Pool or Spa: Hot Tub, See Indoor Parking
  • Property Type: Multi Family Home
  • Repairs-Decor Expense: $1,500
  • Repairs-Decor Expense Source: $
  • Roof Coverings: Rubber
  • Roof Structure: Flat
  • Scavenger Expense: $2,568
  • South: 50
  • Sq.Ft.: 4002
  • Sub Type: Multi Family 5+
  • Tax Year: 2016
  • Taxes: $4,175
  • Tenant Pays: Air Conditioning, Electric
  • Total Annual Exp: 22935
  • Total Annual Income: $77,700
  • Total Monthly Income: $6,475
  • Township: Hyde Park
  • Type Multi-Family: Flats, Garden Complex
  • Units: 8
  • Utilities To Site: Water-Municipal
  • Water Expense: $2,821
  • Water Expense Source: $
  • Year Built: 1916
  • Zip Code: 60615
  • Zoning: MULTI

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