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1406 S Hamlin AVE Chicago, IL 60623
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Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12213210
Sold Date 04/02/25
Maintenance Fees $7,750
Year Built 1916
Annual Tax Amount $5,900
Tax Year 2022
Lot Size 3,484 Sqft
Lot Dimensions 30 X 125
Property Sub-Type Multi Family 5+
Property Description
Attention Investors!! This is a fully remodeled, fully occupied six-unit building. It has a 10 cap rate and a 22-25 return on investment!! The building has many new updates: copper plumbing, individual hot water tanks, rubber roof covering, laminate flooring, updated kitchens and baths, newer windows, electrical, duct work, and separate high-efficiency furnaces in each unit. all units are 3 bedrooms. Total income 115,200/year. Each unit is metered individually for gas and electric. Taxes are low. Check the ATTACHED DOCUMENT FOR CURRENT NUMBERS AND RETURNS. Only 1-2 units will be available to view until after under contract
Location
State IL
County Cook
Area Chi - North Lawndale
Zoning MULTI
Interior
Cooling None
Fireplace N
Exterior
Roof Type Composition
Building
Level or Stories 3
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Janice Rivas • Realty of America, LLC
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