9431 S Bishop Street, Chicago, IL 60620
sale $600,000 | Other
Courtesy Of Keller Williams Preferred Realty
Rarely available brick 5 unit! Month to month leases with long term tenants. Two units have been rented to the same tenants for over 17 years. One of those is a on a voucher that pays $1,200 towards her rent. The third and fourth units have had the same tenants for 5 and 6 years. The fifth unit will be vacant soon. Total revenue on a monthly basis from all five units plus the laundry is about $5,500. That is an annual Gross income of about $66,000. Annual expenses are approximately $16,000. Net annual income is approximately, $50,000. Great location close to hospitals, bus and train transportation.
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- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 5
- MLSID: 11687036
- Parking Spaces: 0
- Roof Type: Composition Shingle
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