Address
1838 W 65th Street, Chicago, IL
Price
$ 575,000
Property Attributes
- MLS#12742049
- TypeMulti-Family
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - West Englewood
- NeighborhoodEnglewood
- Zip60636
- StyleMulti-Family
- Year Built1922
- Taxes$ 5424
- Price$ 575,000
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.103627 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
All Brick, corner, 6-unit apartment building featuring two 3-bed/1-bath units and four 2-bed/1-bath units. Many updates throughout. All six units have been modernized in the last five years. The building has a new roof and partial parapet rebuild. Individual furnaces, tenants pay their own gas and electric. Pro-forma rents of $90,000/year and low overall expenses generate $69,883 NOI ~ which translates to a 12.2 CAP rate. Coin-operated laundry in basement. Several new furnaces. Contact Broker for more details. Agent Owned.
| Price History | |
|---|---|
| 8/25/2026 | Listed $575,000 |
General Features
| Utilities | Cable Available |
|---|---|
| Zoning | MULTI |
| Construction Materials | Brick |
| Year Built | 1922 |
| Tenant Pays | Electricity,Heat |
| Stories Count | 2 |
| Township | Lake |
| Tax Year | 2024 |
| Current Use | Multi-Family |
| Gross Income | 90000 |
| County | Cook |
| Net Operating Income | 69883 |
| Operating Expense | 20117 |
| Insurance Expense | 5625 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | Ashland to 65th,West to Property |
| City | Chicago |
| Number Of Units Total | 6 |
| MLS Area | CHI - West Englewood |
| Lot Size Square Feet | 4514 |
| Tax Annual Amount | 5424.56 |
| Electric Expense | 640 |
| Fuel Expense | 2231 |
| Trash Expense | 3424 |
| Water Sewer Expense | 1693 |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
| Cap Rate | 12.2 |
Interior Features
| Basement | Unfinished |
|---|
Exterior Features
| Water Source | Municipal Water |
|---|---|
| Lot Dimensions | 36.7 x 123 |
| Frontage Type | City Street,Alley Access |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60636
Price
Taxes
Year Built
Visits
