8253-59 S Elizabeth St CMA Package 05 20 11_1_
Document Sample


American Homeowner Preservation CMA Sheet
Name: Abe Rabah
Phone Number: 312‐464‐0460
Email Address: abe@thereobroker.com
Brokerage: Great Street Properties
Subject Property Address: 8253‐59 S Elizabeth St, Chicago IL 60620
Vacant or Occupied: Occupied
Quick Sale Value: $130,000
Comments: The subject is a 4 story brick apartment building in the Auburn
Gresham area of Chicago, a low demand, high REO area with a moderate risk for
vandalism. The subject is located near Foster Park, schools, shopping and
community areas. The subject’s address is 8259 S Elizabeth according to the Cook
County Assessor, with the address of 8253 S Elizabeth being assigned to the
garage of the property. The subject’s exterior is in overall average condition and
appears to be maintained well for the area. The building is located on the corner
of Elizabeth and 83rd St with entrances on 83rd and the interior side. The subject’s
lawn is cut and well maintained, however the garage is very dilapidated and
needs tuckpointing, windows and doors. The subject’s interior is assumed to be
in overall average condition for the area. The property has not been listed but if it
were marketed, a list price of $139,000 would be suggested with a sales value of
$130,000 for a quick sale.
Insert Picture(s):
front
side
side
garage
street
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Multi Family 5+ MLS #: 07675986 List Price:$75,000
Status: CLSD List Date: 11/12/2010 Orig List Price: $75,000
Area: 8068 List Dt Rec: 11/12/2010 Sold Price:$60,000
Address: 7047 S Green St , Chicago, Illinois 60621
Directions: 71ST WEST TO GREEN 1 BLOCK WEST OF HALSTED
Closed Date: 12/14/2010 Contract: 12/03/2010 Lst. Mkt. Time:22
Off Mkt: 12/03/2010 Financing: Cash Points:
Year Built: 1926 Blt Before 78: Yes CTGF:
Dimensions: 75 X 125
Unincorporated: Yes Township: South Chicago Subdivision:
Coordinates: S:7000 W:800 County: Cook
Zoning Type: Multi-Family
Actual Zoning: R-4 PIN #: 20204310170000 Multiple PINs:No
Remarks: ENGLEWOOD 24 UNIT NEEDS REHAB. BUILDING BEING SOLD AS-IS. LARGE UNITS
(6) 3 BR, (12) 2 BR & (6) 1 BR.
Acreage:0 Lot SF: 0 Total Bldg SF: Total # Units: 24 # Stories:03 # Parking Spaces: 0
Basement: Full # Dishwashers: 0 # Washers:0 # Dryers: 0 Wash/Dry Leased: # Ranges: 0
# Disposals: 0 # Refrigerators:0 # Fireplaces: 0 # Window AC:0 Last Lease Exp:
Monthly Income Range
Apartment Info # Units Rooms Bedrooms Baths (F/H)
(Min-Max)
Type 1 6 2 0 1 0
Type 2 9 3 1 1 0
Type 3 6 4 2 1 0
Type 4 3 5 3 1 0
Type 5 0 0 0 1 0
Type 6 0 0 0 1 0
Type 7 0 0 0 1 0
Age: Older Type of Multi-Family: Flats Air Cond:
Type Ownership: Construction: Brick Electricity:
Frontage/Access: Exterior: Brick Fire Protection:
Current Use: Foundation: Concrete Heat/Ventilation: None
Potential Use: Roof Structure: Utilities To Site:
Client Needs: Roof Coverings: Rubber Tenant Pays: Varies by Tenant
Client Will: Misc. Outside: HERS Index Score:
Known Encumbrances: Indoor Parking: Green Disc:
Amenities: Sidewalks Outdoor Parking: Green Rating Source:
Monthly Assmt Incl: None Bsmt Desc: Green Feats:
Owner's Assoc: Misc. Inside: Possession:
Sale Terms:
Backup Info:
Gross Rental Income: $0 Total Monthly Income: 0 Total Annual Income:0
Gross Rental Multiplier: 0 Tax Amount: $3,210.07 Tax Year: 2009
Total Annual Exps: 0 Expense Source: Expense Year:
Annual Net Operating Income: $0 Net Oper Income Year: Cap Rate: 0
Janitor Expense ($/src): $0/ Fuel Expense ($/src): $0/ Electricity Expense ($/src): $0/
Water Expense ($/src):$0/ Scavenger Expense ($/src): $0/ Insurance Expense ($/src): $0/
Repairs/Decor Expense ($/src): $0/ Other Expense ($/src): $0/
Copyright 2011 MRED LLC - INFORMATION NOT GUARANTEED, REQUEST ADDITIONAL INFORMATION FROM BROKER, INVESTIGATE ENVIRONMENTAL. USE DUE
DILIGENCE.
MLS #: 07675986 Prepared By: Ayoub Rabah | Great Street Properties, Inc. | 05/20/2011 08:25 AM
http://connectmls4.mredllc.com/report/report.jsp?chooseSelection=true&change_report_type_to=&fromUR... 5/20/2011
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Multi Family 5+ MLS #: 07687233 List Price:$97,000
Status: CTG List Date: 12/03/2010 Orig List Price: $105,000
Area: 8071 List Dt Rec: 12/03/2010 Sold Price:
Address: 7800 S Marshfield Ave , Chicago, Illinois 60620
Directions: ASHLAND TO 79TH ST. WEST TO MARSHFIELD ONE WAY.
Closed Date: Contract: 03/26/2011 Lst. Mkt. Time:169
Off Mkt: Financing: Points:
Year Built: 1926 Blt Before 78: Yes CTGF:A/I
Dimensions: 50 X 140
Unincorporated: Township: North Chicago Subdivision:
Coordinates: S:7800 W:1615 County: Cook
Zoning Type: Multi-Family
Actual Zoning: RS-3 PIN #: 20304340160000 Multiple PINs:Yes
Remarks: REGULAR SALE! CASH BUYER ONLY! 12-UNITS VACANT BUILDING! SOME WORK
DONE BUT STILL NEEDS LOTS OF WORK! 3-UNITS 3 BEDROOMS 1 BATH! 7-UNIT 2 BEDROOM
1 BATH! 3-UNITS 1 BEDROOM 1 BATH.
Acreage:0 Lot SF: Total Bldg SF: Total # Units: 12 # Stories:3 # Parking Spaces: 0
Basement: None # Dishwashers: # Washers: # Dryers: Wash/Dry Leased: # Ranges:
# Disposals: # Refrigerators: # Fireplaces: # Window AC: Last Lease Exp:
Monthly Income Range
Apartment Info # Units Rooms Bedrooms Baths (F/H)
(Min-Max)
Type 1 2 5 3 1 0-0
Type 2 7 4 2 1 0-0
Type 3 3 3 1 1 0-0
Type 4 0 0 0 0
Type 5 0 0 0 0
Type 6 0 0 0 0
Type 7 0 0 0 0
Age: Older Type of Multi-Family: Flats Air Cond:
Type Ownership: Construction: Electricity:
Frontage/Access: Exterior: Fire Protection:
Current Use: Foundation: Heat/Ventilation: Forced Air, Separate Per Unit
Potential Use: Roof Structure: Utilities To Site:
Client Needs: Roof Coverings: Tenant Pays: Other
Client Will: Misc. Outside: HERS Index Score:
Known Encumbrances: Indoor Parking: Green Disc:
Amenities: Outdoor Parking: Green Rating Source:
Monthly Assmt Incl: Bsmt Desc: Green Feats:
Owner's Assoc: Misc. Inside: Possession:
Sale Terms:
Backup Info:
Gross Rental Income: $0 Total Monthly Income: 0 Total Annual Income:0
Gross Rental Multiplier: 0 Tax Amount: $16,453 Tax Year: 2009
Total Annual Exps: 0 Expense Source: Expense Year:
Annual Net Operating Income: $0 Net Oper Income Year: Cap Rate:
Janitor Expense ($/src): $0/ Fuel Expense ($/src): $0/ Electricity Expense ($/src): $0/
Water Expense ($/src):$0/ Scavenger Expense ($/src): $0/ Insurance Expense ($/src): $0/
Repairs/Decor Expense ($/src): $0/ Other Expense ($/src): $0/
Copyright 2011 MRED LLC - INFORMATION NOT GUARANTEED, REQUEST ADDITIONAL INFORMATION FROM BROKER, INVESTIGATE ENVIRONMENTAL. USE DUE
DILIGENCE.
MLS #: 07687233 Prepared By: Ayoub Rabah | Great Street Properties, Inc. | 05/20/2011 08:25 AM
http://connectmls4.mredllc.com/report/report.jsp?chooseSelection=true&change_report_type_to=&fromUR... 5/20/2011
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Multi Family 5+ MLS #: 07798089 List Price:$99,000
Status: ACTV List Date: 05/04/2011 Orig List Price: $99,000
Area: 8068 List Dt Rec: 05/04/2011 Sold Price:
Address: 7000 S Morgan St , Chicago, Illinois 60621
Directions: HALSTED SOUTH TO 69TH STREET WEST TO MORGAN SOUTH ONE BLOCK TO
ADDRESS.
Closed Date: Contract: Lst. Mkt. Time:17
Off Mkt: Financing: Points:
Year Built: 1927 Blt Before 78: Yes CTGF:
Dimensions: 50 X 125
Unincorporated: Township: Lake Subdivision:
Coordinates: S:7000 W:1000 County: Cook
Zoning Type: Multi-Family
Actual Zoning: 3-18 PIN #: 20204270180000 Multiple PINs:No
Remarks: GREAT OPPORTUNITY. OWN TWO PROPERTIES FOR THE PRICE OF ONE. Seven Unit
Brick with 5-3 bedrooms and 2-2 bedrooms apts. PLUS a Three Unit Brick with 2-3 bedroom
apts with a first floor commercial rental or may convert to a 3 bedroom apt. INCLUDED is a 3
car garage. Building is vacant and needs complete rehab. Adjacent bldgs have been rehabbed.
Across from Wenworth Elem school. WILL CONSIDER ALL OFFERS.
Acreage: Lot SF: 8370 Total Bldg SF: Total # Units: 10 # Stories:3 # Parking Spaces: 3
Basement: English # Dishwashers: # Washers: # Dryers: Wash/Dry Leased: # Ranges:
# Disposals: # Refrigerators: # Fireplaces: # Window AC: Last Lease Exp:
Monthly Income Range
Apartment Info # Units Rooms Bedrooms Baths (F/H)
(Min-Max)
Type 1 5 6 3 5 0-0
Type 2 2 5 2 2 0-0
Type 3 2 5 3 2 0-0
Type 4 1 1 0 1 0-0
Type 5 0 0 0 0
Type 6 0 0 0 0
Type 7 0 0 0 0
Age: Older Type of Multi-Family: Flats Air Cond:
Type Ownership: Construction: Brick Electricity:
Frontage/Access: City Street Exterior: Brick Fire Protection:
Current Use: Residential-Multi-Family Foundation: Heat/Ventilation: Gas
Potential Use: Residential-Multi-Family Roof Structure: Flat Utilities To Site:
Client Needs: Roof Coverings: Tenant Pays: None
Client Will: Misc. Outside: HERS Index Score:
Known Encumbrances: Indoor Parking: Green Disc:
Amenities: Outdoor Parking: Green Rating Source:
Monthly Assmt Incl: Bsmt Desc: Green Feats:
Owner's Assoc: Misc. Inside: Possession:
Sale Terms:
Backup Info:
Gross Rental Income: $0 Total Monthly Income: 0 Total Annual Income:0
Gross Rental Multiplier: 0 Tax Amount: $1,401 Tax Year: 2009
Total Annual Exps: 0 Expense Source: Expense Year:
Annual Net Operating Income: $0 Net Oper Income Year: Cap Rate:
Janitor Expense ($/src): $0/ Fuel Expense ($/src): $0/ Electricity Expense ($/src): $0/
Water Expense ($/src):$0/ Scavenger Expense ($/src): $0/ Insurance Expense ($/src): $0/
Repairs/Decor Expense ($/src): $0/ Other Expense ($/src): $0/
Copyright 2011 MRED LLC - INFORMATION NOT GUARANTEED, REQUEST ADDITIONAL INFORMATION FROM BROKER, INVESTIGATE ENVIRONMENTAL. USE DUE
DILIGENCE.
MLS #: 07798089 Prepared By: Ayoub Rabah | Great Street Properties, Inc. | 05/20/2011 08:25 AM
http://connectmls4.mredllc.com/report/report.jsp?chooseSelection=true&change_report_type_to=&fromUR... 5/20/2011
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Multi Family 5+ MLS #: 07775855 List Price:$129,600
Status: ACTV List Date: 04/08/2011 Orig List Price: $129,600
Area: 8044 List Dt Rec: 04/08/2011 Sold Price:
Address: 7916 S Princeton Ave , Chicago, Illinois 60620
Directions: 79th Street (E or W) to Princeton, South to 7918.
Closed Date: Contract: Lst. Mkt. Time:43
Off Mkt: Financing: Points:
Year Built: 1929 Blt Before 78: Yes CTGF:
Dimensions: 50 X 125
Unincorporated: No Township: Lake Subdivision:
Coordinates: S:7918 W:100 County: Cook
Zoning Type: Multi-Family
Actual Zoning: MF PIN #: 20332010220000 Multiple PINs:No
Remarks: Realtors - investors come see this West Chatham diamond in the rough. Excellent
location, very well kept block. Eight - 4 room / 1 bed / 1 bath units require a moderate amount
of interior and exterior work. This property is bank owned and being sold "as-is".
Acreage:0.19 Lot SF: 8704 Total Bldg SF: Total # Units: 8 # Stories:2 # Parking Spaces: 4
Basement: Full # Dishwashers: # Washers: # Dryers: Wash/Dry Leased: # Ranges:
# Disposals: # Refrigerators: # Fireplaces: # Window AC: Last Lease Exp:
Monthly Income Range
Apartment Info # Units Rooms Bedrooms Baths (F/H)
(Min-Max)
Type 1 8 4 1 1 0-0
Type 2 0 0 0 0
Type 3 0 0 0 0
Type 4 0 0 0 0
Type 5 0 0 0 0
Type 6 0 0 0 0
Type 7 0 0 0 0
Age: Older Type of Multi-Family: Courtyard, Flats Air Cond: None
Type Ownership: Corporation Construction: Brick Electricity:
Frontage/Access: City Street Exterior: Brick Fire Protection:
Current Use: Residential-Multi-Family Foundation: Concrete Heat/Ventilation: Forced Air
Potential Use: Residential-Multi-Family Roof Structure: Utilities To Site:
Client Needs: Roof Coverings: Tenant Pays: Electric
Client Will: Misc. Outside: Balcony/ies HERS Index Score:
Known Encumbrances: None Known Indoor Parking: Detached Green Disc:
Amenities: Curbs and Gutters, Lighting/Exterior, Outdoor Parking: Green Rating Source:
Sidewalks Bsmt Desc: Unfinished, Exterior Access Green Feats:
Monthly Assmt Incl: Misc. Inside: Possession: Closing
Owner's Assoc: No Sale Terms: Conventional, Cash Only
Backup Info:
Gross Rental Income: $43,200 Total Monthly Income: 3600 Total Annual Income:43200
Gross Rental Multiplier: 2.84 Tax Amount: $5,839.14 Tax Year: 2009
Total Annual Exps: 4799 Expense Source: Actual Expense Year: 2009
Annual Net Operating Income: $0 Net Oper Income Year: Cap Rate:
Janitor Expense ($/src): $0/ Fuel Expense ($/src): $0/ Electricity Expense ($/src): $0/
Water Expense ($/src):$0/ Scavenger Expense ($/src): $0/ Insurance Expense ($/src): $0/
Repairs/Decor Expense ($/src): $0/ Other Expense ($/src): $0/
Copyright 2011 MRED LLC - INFORMATION NOT GUARANTEED, REQUEST ADDITIONAL INFORMATION FROM BROKER, INVESTIGATE ENVIRONMENTAL. USE DUE
DILIGENCE.
MLS #: 07775855 Prepared By: Ayoub Rabah | Great Street Properties, Inc. | 05/20/2011 08:25 AM
http://connectmls4.mredllc.com/report/report.jsp?chooseSelection=true&change_report_type_to=&fromUR... 5/20/2011
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Multi Family 5+ MLS #: 07714213 List Price:$179,000
Status: CLSD List Date: 01/19/2011 Orig List Price: $179,000
Area: 8071 List Dt Rec: 01/19/2011 Sold Price:$132,000 (F)
Address: 7655 S Lowe Ave , Chicago, Illinois 60620
Directions: 76th Street to Lowe, one way south to building at the corner of 77th and Lowe
Closed Date: 03/21/2011 Contract: 02/11/2011 Lst. Mkt. Time:24
Off Mkt: 02/11/2011 Financing: Cash Points:
Year Built: 1924 Blt Before 78: Yes CTGF:
Dimensions: 50 X 125
Unincorporated: Township: Lake Subdivision:
Coordinates: S:7655 W:600 County: Cook
Zoning Type: Multi-Family
Actual Zoning: R4 PIN #: 20283100170000 Multiple PINs:No
Remarks: Auburn/Gresham Neighborhood. This building had several improvements made
since 2002. The Boiler 9 yrs-old. New Roof 9/07. New porch w/permit in 2004. Hallway
emergency lighting systems. Clean basements. Still in good condition. 8 two brs & 4 1 brs.
Bank owed.
Acreage:0 Lot SF: Total Bldg SF: Total # Units: 12 # Stories:3 # Parking Spaces: 0
Basement: Full # Dishwashers: # Washers: # Dryers: Wash/Dry Leased: # Ranges: 7
# Disposals: # Refrigerators:7 # Fireplaces: # Window AC: Last Lease Exp:
Monthly Income Range
Apartment Info # Units Rooms Bedrooms Baths (F/H)
(Min-Max)
Type 1 8 5 2 1 550-650
Type 2 4 4 1 1 400-475
Type 3 1 3 1 1 350-400
Type 4 0 0 0 0
Type 5 0 0 0 0
Type 6 0 0 0 0
Type 7 0 0 0 0
Age: Older Type of Multi-Family: Corridor-Exterior Entrance Air Cond:
Type Ownership: Limited Liability Corp Construction: Electricity: Circuit Breakers, 101-200 Amps
Frontage/Access: City Street Exterior: Fire Protection:
Current Use: Residential-Multi-Family Foundation: Heat/Ventilation: Central Bldg Heat, Central
Potential Use: Roof Structure: Heat/Indiv Controls, Gas
Client Needs: Roof Coverings: Utilities To Site:
Client Will: Add Cash, Add Management Misc. Outside: Tenant Pays: Electric, Other
Known Encumbrances: Indoor Parking: HERS Index Score:
Amenities: Outdoor Parking: Green Disc:
Monthly Assmt Incl: Bsmt Desc: Partially Finished, Unfinished, Green Rating Source:
Owner's Assoc: Apartments Green Feats:
Misc. Inside: Possession:
Sale Terms:
Backup Info:
Gross Rental Income: $0 Total Monthly Income: 0 Total Annual Income:0
Gross Rental Multiplier: 2.76 Tax Amount: $11,610 Tax Year: 2009
Total Annual Exps: 24164 Expense Source: Actual Expense Year:
Annual Net Operating Income: $65,847 Net Oper Income Year: 2006 Cap Rate: 0
Janitor Expense ($/src): $0/ Fuel Expense ($/src): $0/ Electricity Expense ($/src): $0/
Water Expense ($/src):$0/ Scavenger Expense ($/src): $0/ Insurance Expense ($/src): $0/
Repairs/Decor Expense ($/src): $0/ Other Expense ($/src): $0/
Copyright 2011 MRED LLC - INFORMATION NOT GUARANTEED, REQUEST ADDITIONAL INFORMATION FROM BROKER, INVESTIGATE ENVIRONMENTAL. USE DUE
DILIGENCE.
MLS #: 07714213 Prepared By: Ayoub Rabah | Great Street Properties, Inc. | 05/20/2011 08:25 AM
http://connectmls4.mredllc.com/report/report.jsp?chooseSelection=true&change_report_type_to=&fromUR... 5/20/2011
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Multi Family 5+ MLS #: 07555839 List Price:$209,000
Status: ACTV List Date: 06/15/2010 Orig List Price: $369,000
Area: 8069 List Dt Rec: 06/15/2010 Sold Price:
Address: 7530 S Stewart Ave , Chicago, Illinois 60620
Directions: DAN RYAN EXPRESS EXIT 76TH ST. WEST TO STEWART NORTH TO ADDRESS
Closed Date: Contract: Lst. Mkt. Time:340
Off Mkt: Financing: Points:
Year Built: 1917 Blt Before 78: Yes CTGF:
Dimensions: 125X30
Unincorporated: No Township: Lake Subdivision:
Coordinates: S:7500 W:400 County: Cook
Zoning Type: Multi-Family
Actual Zoning: RT-4 PIN #: 20283060230000 Multiple PINs:No
Remarks: 12-1BR APTS SOLD AS-IS IN HOT SOUTH SIDE AREA. BLDG HAS ENDLESS
POSSIBILITES. RENTS ARE BELOW AREA RENT. BASEMENT HAS HUGE APT. W/SEPARATE
ENTRY, BLDG HAS POTENTIAL FOR EXCELLENT CASH FLOW. CURRENT INCOME BASED ON
CURRENT RENT OF 2-$415 $355 AND 9-$450. SELLER SAYS MAKE AN OFFER. OWNER WILL
HELP. SAYS MAKE OFFER.
Acreage:0 Lot SF: 6650 Total Bldg SF: 0 Total # Units: 12 # Stories:3 # Parking Spaces: 0
Basement: # Dishwashers: 0 # Washers:0 # Dryers: 0 Wash/Dry Leased: # Ranges: 0
# Disposals: 0 # Refrigerators:0 # Fireplaces: 0 # Window AC:0 Last Lease Exp:
Monthly Income Range
Apartment Info # Units Rooms Bedrooms Baths (F/H)
(Min-Max)
Type 1 1 3 1 1 415-415
Type 2 1 3 1 1 415-415
Type 3 1 3 1 1 450-450
Type 4 1 3 1 1 365-365
Type 5 1 3 1 1 450-450
Type 6 1 3 1 1 3150-3150
Type 7 1 3 1 1 00-0
Age: Older Type of Multi-Family: Corridor-Interior Entrance Air Cond: None
Type Ownership: Sole Proprietor Construction: Brick Electricity: 101-200 Amps
Frontage/Access: City Street Exterior: Brick Fire Protection: Smoke or Fire Protectors, Other
Current Use: Residential-Multi-Family Foundation: Concrete Heat/Ventilation: Radiators
Potential Use: Residential-Multi-Family Roof Structure: Flat Utilities To Site: Water-Municipal
Client Needs: Cash Roof Coverings: Rubber Tenant Pays: Electric
Client Will: Misc. Outside: Fire Escape, Storms & Screens (as HERS Index Score:
Known Encumbrances: None Known exist) Green Disc:
Amenities: Curbs and Gutters, Lighting/Exterior, Indoor Parking: Green Rating Source:
Sidewalks, Other, Cable Ready Outdoor Parking: Other Green Feats:
Monthly Assmt Incl: None Bsmt Desc: Partially Finished, Exterior Access, Possession:
Owner's Assoc: No Apartments, Storage Sale Terms:
Misc. Inside: Inside Corridor/s Backup Info: Rent Roll
Gross Rental Income: $5,245 Total Monthly Income: 5245 Total Annual Income:62940
Gross Rental Multiplier: 4 Tax Amount: 13,518 Tax Year: 2009
Total Annual Exps: 29196 Expense Source: Combination Expense Year: 2009
Annual Net Operating Income: $43,464 Net Oper Income Year: 2009 Cap Rate: 8
Janitor Expense ($/src): $0/ Fuel Expense ($/src): $10,000/Owner Projection Electricity Expense ($/src): $1,200/Owner Projection
Water Expense ($/src):$2,000/Owner Scavenger Expense ($/src): $1,440/Actual Insurance Expense ($/src): $4,836/Actual
Projection Other Expense ($/src): $143/
Repairs/Decor Expense ($/src): $0/
Copyright 2011 MRED LLC - INFORMATION NOT GUARANTEED, REQUEST ADDITIONAL INFORMATION FROM BROKER, INVESTIGATE ENVIRONMENTAL. USE DUE
DILIGENCE.
MLS #: 07555839 Prepared By: Ayoub Rabah | Great Street Properties, Inc. | 05/20/2011 08:25 AM
http://connectmls4.mredllc.com/report/report.jsp?chooseSelection=true&change_report_type_to=&fromUR... 5/20/2011
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Multi Family 5+ MLS #: 07705501 List Price:$499,000
Status: CLSD List Date: 01/07/2011 Orig List Price: $499,000
Area: 8069 List Dt Rec: 01/07/2011 Sold Price:$239,000 (F)
Address: 7643 S Stewart Ave , Chicago, Illinois 60620
Directions: 90/94 East to 76th St, West on 76th St to Stewart, South on Stewart to 7643.
Closed Date: 05/16/2011 Contract: 03/08/2011 Lst. Mkt. Time:61
Off Mkt: 03/08/2011 Financing: Cash Points:
Year Built: 1918 Blt Before 78: Yes CTGF:
Dimensions: 160 X 200
Unincorporated: No Township: Lake Subdivision:
Coordinates: S:7643 W:348 County: Cook
Zoning Type: Multi-Family
Actual Zoning: RS-3 PIN #: 20284070090000 Multiple PINs:No
Remarks: Vacant / Secured REO Foreclosure Property- Three Story, Corner, Walk-up
consisting of 36 units (30-2br and 6-3br). Newer thermopane windows, new porches and two
Peerless boilers providing steam heat. When occupied tenants pay electric & cooking gas.
Parking in the rear of building is ample(40+spots).
Acreage: Lot SF: 32000 Total Bldg SF: 30438 Total # Units: 36 # Stories:3 # Parking Spaces: 40
Basement: Full # Dishwashers: 0 # Washers:0 # Dryers: 0 Wash/Dry Leased:No # Ranges: 0
# Disposals: 0 # Refrigerators:0 # Fireplaces: 0 # Window AC:0 Last Lease Exp:
Monthly Income Range
Apartment Info # Units Rooms Bedrooms Baths (F/H)
(Min-Max)
Type 1 30 4 2 1 500-550
Type 2 6 6 3 1 600-650
Type 3 0 0 0 0
Type 4 0 0 0 0
Type 5 0 0 0 0
Type 6 0 0 0 0
Type 7 0 0 0 0
Age: Older Type of Multi-Family: Garden Complex Air Cond: None
Type Ownership: Limited Liability Corp Construction: Brick Electricity: 201-600 Amps
Frontage/Access: City Street Exterior: Brick Fire Protection:
Current Use: Residential-Multi-Family Foundation: Stone Heat/Ventilation: Central Bldg Heat, Gas, Steam
Potential Use: Residential-Multi-Family Roof Structure: Flat Utilities To Site: Water-Community, Water to Site
Client Needs: Roof Coverings: Rubber Tenant Pays: Electric, Other
Client Will: Misc. Outside: HERS Index Score:
Known Encumbrances: None Known Indoor Parking: Green Disc: No
Amenities: Outdoor Parking: 31-50 Spaces Green Rating Source:
Monthly Assmt Incl: Bsmt Desc: Unfinished Green Feats:
Owner's Assoc: No Misc. Inside: Possession: Closing
Sale Terms: Cash Only
Backup Info: Aerial Map, Tax Bill
Gross Rental Income: $0 Total Monthly Income: 0 Total Annual Income:0
Gross Rental Multiplier: 2.04 Tax Amount: $18,473.41 Tax Year: 2008
Total Annual Exps: 0 Expense Source: Expense Year: 2011
Annual Net Operating Income: $0 Net Oper Income Year: 2011 Cap Rate: 12
Janitor Expense ($/src): $0/ Fuel Expense ($/src): $0/ Electricity Expense ($/src): $0/
Water Expense ($/src):$0/ Scavenger Expense ($/src): $0/ Insurance Expense ($/src): $0/
Repairs/Decor Expense ($/src): $0/ Other Expense ($/src): $0/
Copyright 2011 MRED LLC - INFORMATION NOT GUARANTEED, REQUEST ADDITIONAL INFORMATION FROM BROKER, INVESTIGATE ENVIRONMENTAL. USE DUE
DILIGENCE.
MLS #: 07705501 Prepared By: Ayoub Rabah | Great Street Properties, Inc. | 05/20/2011 08:25 AM
http://connectmls4.mredllc.com/report/report.jsp?chooseSelection=true&change_report_type_to=&fromUR... 5/20/2011
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