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2226 S Central Avenue

Cicero, IL 60804
  • $1,495,000
  • STATUS: Active Under Contract
  • ON SITE: 154 Days
  • MLS #: 12100506
Under Contract
$1,495,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Cook
Type:
Commercial
Built:
1925
County:
Cook
Area:
Cook

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Description

CLASSIC MASONRY CHARMER CONSISTING OF 19 APARTMENTS AND 2 STOREFRONTS FOR A TOTAL OF 21 UNITS. THREE STORIES. INCREDIBLY WOODWORK THROUGHOUT. MAJOR TICKET UPGRADES COMPLETED IN LAST FEW MONTHS- STAIRCASES, CONCRETE WALKWAYS, FRENCH TILE, ELECTRICAL, SUMP PUMPS, HOT WATER TANKS, BOILER, ROOF. WILL PASS CICERO'S VIGOROUS SALE INSPECTION. LONG TERM TENANCIES IN PLACE WITH MASSIVE ROOM FOR INCOME GROWTH. POSSIBLY BEST OF ALL, TAXES HAVE BEEN SUCCESSFULLY APPEALED AND REDUCED 41%! INCREDIBLE, VINTAGE BUILDING.

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© 2024 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-03T23:59:48.443 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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2226 S Central Avenue Cicero, IL 60804

  • Price: $1,495,000
  • Status: Active Under Contract
  • On Site: 154 Days
  • MLS #: 12100506
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1925
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
CLASSIC MASONRY CHARMER CONSISTING OF 19 APARTMENTS AND 2 STOREFRONTS FOR A TOTAL OF 21 UNITS. THREE STORIES. INCREDIBLY WOODWORK THROUGHOUT. MAJOR TICKET UPGRADES COMPLETED IN LAST FEW MONTHS- STAIRCASES, CONCRETE WALKWAYS, FRENCH TILE, ELECTRICAL, SUMP PUMPS, HOT WATER TANKS, BOILER, ROOF. WILL PASS CICERO'S VIGOROUS SALE INSPECTION. LONG TERM TENANCIES IN PLACE WITH MASSIVE ROOM FOR INCOME GROWTH. POSSIBLY BEST OF ALL, TAXES HAVE BEEN SUCCESSFULLY APPEALED AND REDUCED 41%! INCREDIBLE, VINTAGE BUILDING.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Roof Structure Flat

Interior Features

Heat Ventilation Central Bldg Heat

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 18870 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Gross Income 208200 Gross Scheduled Income 208200 Insurance Expense 10500 Maintenance Expense 7500 Mls Actual Status Contingent Net Operating Income 146413 Operating Expense 39456 Tax Annual Amount 22331.7 Tax Year 2023 Tenant Pays Electricity Total Monthly Income 17350 Type Multi Family 5+ Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Midland Realty Group: 773-637-0100.


© 2024 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-03T23:59:48.443 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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