Description
INVESTORS! Want to make money? Buy this property. Chicago Hope Academy is selling off it's rental portfolio to raise money for new school. This property generates over $50,000 rental revenue with under $10,000 in total expenses leaving over $40,000 for debt services and profits. Check those TAXES - $2472 annually (that's $618/unit!!!). Tenants pay separated gas furnace heat and electric. Do the math and buy this property. It is a gold mine and should provide over $20K net income in year 1. Solid brick building recently rehabbed. Clean units. Near by to the Major Taylor bike and recreation trail. Two developable lots adjacent to the building totaling 48x123 are also available.
Location
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Courtesy of: Prello Realty, Inc. Based on information submitted to the MRED as of date and time shown below. All data is obtained from various
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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. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 3rd July, 2022 4:39 PM (UTC)
