Chicago Investment Property NOT on the MLS! 30 Units...

30 Unit Building
3- 2 bedroom, 5 room
6- Studio
9- 2 bedroom, 4 room
12- 1 bedroom, 3 room

Income: $16,583 mo. $199,000 yr
Expense: $5,517 mo. $66,200 yr
Gas $25,000
Taxes $20,000
Insurance $8,000
Garbage $5,000
Electric $1,200
Water $6,000

Notes:

Leases- All month to month. Scattered rents due to some long term tenants

Updates- Newer windows, hot water system (2 yrs), Boiler burners (1 yr), new gutters

General- Exterior well maintained.
Porches/stairways in good condition.
All tubs are old style claw tubs
½ kitchens have cast iron sinks, others “newer”

http://www.GreatChicagoRealEstate.com