Six (6) Unit Apartment Building Along Garfield Boulevard - Bank Owned WEST GARFIELD BOULEVARD CHICAGO, IL DETAILS PROPERTY OVERVIEW
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1 WEST GARFIELD BOULEVARD CHICAGO, IL DETAILS Sale Price $370,000 Lot Size 7,500 SF Building Size 8,538 SF Taxes (2016) $6, Zoning R-1, Low Density Residential Market South Chicago Cross Streets South Peoria Street & West Garfield Boulevard Traffic Count 18,200 VPD PROPERTY OVERVIEW Six (6) unit apartment building for sale in Chicago's Englewood neighborhood. The building is constructed of brown masonry and is currently 83% leased. The property features six (6) units that vary in size and layout as well as a detached three (3) car garage in the rear. The property is located along Garfield Boulevard in close proximity to a mix of residential homes, retailers, parks, schools, and public libraries. The location maintains convenient access to both Interstate-94 (I-94) and the Garfield 'Red Line" station, each approximately one (1) mile to the east. The offering provides an excellent investment opportunity with an in-place gross annual income of $59,100. Bank owned and motivated Seller. PROPERTY HIGHLIGHTS In-place gross annual income of $59,100 at 83% occupancy Located within one (1) mile of Interstate 94 (I-94) and the Garfield Red Line Station Walking distance to parks, schools, and public libraries Bank owned and motivated Seller zpearlstein@ (P) (C) arubin@ (P) (C) jjoseph@ (P) (C)
2 Roll Page 1 Property: From Date: 08/01/2017 By Property Property Unit(s) Lease Lease Type Lease From Lease To Term Monthly Monthly & 909 W Garfield Blvd, Chicago,Chicago Current Leases ST Loretta Orr Residential ND Merrion Bolton Residential RD Annie Savage Residential BASE Betty Herd Residential ND Kelia Bryant Residential RD Tonya Brown Residential Rec. Misc Security Deposit LOC Amount/ Bank Guarantee /01/ , /12/ , , /01/ , /01/ , /01/ , /01/ , ST VACANT Total Current , , Total Units Total centage Monthly Occupied , , Vacant Total , , Tuesday, August 08, :47 PM
3 FOR SALE LOCATION MAPS (P) (C) (P) (C) (P) (C)
4 FOR SALE DEMOGRAPHICS MAP POPULATION 1 MILE 2 MILES 3 MILES TOTAL POPULATION 28, , ,514 POPULATION DENSITY 28, , ,514 MEDIAN AGE MEDIAN AGE (MALE) MEDIAN AGE (FEMALE) HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES TOTAL HOUSEHOLDS 8,744 38, ,391 # OF PERSONS PER HH AVERAGE HH INCOME $35,096 $35,609 $41,566 AVERAGE HOUSE VALUE $191,882 $204,397 $246,400 zpearlstein@ (P) (C) arubin@ (P) (C) jjoseph@ (P) (C)
5 FOR SALE ADDITIONAL PHOTOS (P) (C) (P) (C) (P) (C)
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