3155 Paulina Street

    Chicago, IL 60608
    • $499,000
    • STATUS: Active
    • ON SITE: 147 days
    • MLS #: 10387878
    UPDATED: 202 min ago
    $499,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2008
    County:

    School Ratings & Info

    Description

    Mixed use building ( 2 residential units each with 3 bedrooms 2 baths, 1 ground floor retail approx 750sf ) for sale. Fully tenants occupied, priced at 3.52% CAP rate based on last NOI, but the property tax can be significantly lower because of the error in property classification code (assessed for all commercial units, it should be mixed used), seller's attorney is working on it, so it is a value added opportunity for the buyers, ask the listing agent for detail.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Baz Realty Network | Keller Williams Elite. Based on information submitted to the MRED as of 2019-10-15T23:51:33.483 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.bazrealtynetwork.com/homes/95047667

    3155 Paulina Street Chicago, IL 60608

    • Price: $499,000
    • Status: Active
    • Updated: 202 min ago
    • MLS #: 10387878
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2008
    Built
    Neighborhood:
    Chi - Mckinley Park
    County:
    Cook
    Area:
    Chi - Mckinley Park
    Property Description
    Mixed use building ( 2 residential units each with 3 bedrooms 2 baths, 1 ground floor retail approx 750sf ) for sale. Fully tenants occupied, priced at 3.52% CAP rate based on last NOI, but the property tax can be significantly lower because of the error in property classification code (assessed for all commercial units, it should be mixed used), seller's attorney is working on it, so it is a value added opportunity for the buyers, ask the listing agent for detail.
    Exterior Features

    Construction BrickConcrete Block Foundation Concrete Frontage Access City Street Location Corner Lot Dimensions 2896SF Lot Sq Ft 2896 Number Of Parking Spaces 4 Roof Coverings MembraneReflective Coating Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Fire Protection Alarm On SiteCarbon Monoxide Detector(S) Indoor Parking AttachedSecured Number Of Apts 2 Number Of Offices 0 Number Of Stores 1 Number Of Stories 3 Outdoor Parking Private Lot

    Property Features

    Age 7-15 Years Built Before1978 YN No Electric Expense Source Owner Projection Electrical Service Circuit BreakersSeparate Meters Electricity Expense 206 Expense Year 2018 Exterior Building Type Brick Fuel Expense 0 Geographic Locale Chicago South Gross Rental Income Amount 44400 Heat Ventilation Central Heat/Indiv Controls Insurance Expense 1843 Insurance Expense Source Owner Projection Net Oper Income Amount 17591 Net Operating Income Year 2018 Number Of Tenants 3 Other Expense Source Owner Projection Other Expenses 0 Owners Assoc YN No Rental Price 0 Tax Year 2018 Taxes 22259 Tenant Pays Air ConditioningElectricHeat Total Annual Exp 26808 Total Annual Expense Source Actual Total Annual Income 44400 Total Monthly Income 3700 Township South Chicago Water Expense 2500 Water Expense Source Owner Projection Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Richland Global Inc.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Baz Realty Network | Keller Williams Elite. Based on information submitted to the MRED as of 2019-10-15T23:51:33.483 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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