Pamela Helmer
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Excellent investment opportunity to acquire a 36-unit multifamily property at 1217 S Independence Blvd as part of a 51-unit portfolio package with the companion 15-unit Flournoy property. Properties are being offered together as a package and are not intended to be sold separately. Independence is listed at $3,600,000 and Flournoy at $1,500,000, for a combined portfolio price of $5,100,000. The property includes a mix of occupied and vacant units, offering immediate income with additional potential through increased occupancy. Owner pays heat, water and garbage; tenants are responsible for remaining utilities. Convenient North Lawndale location near Roosevelt Road, public transportation, major thoroughfares and neighborhood amenities. Financial information and additional property details are available to qualified buyers. Package sale provides investors an opportunity to acquire 51 units across two multifamily assets in one transaction.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 18,216
County: Cook
Listed By:
Exit Infinity Realty
312-834-4383
MRED MLS
MLS ID: 12735613
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1217 S Independence Boulevard , Chicago, IL 60623.
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563-441-1862
toll free 866-441-1862
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| Loan Type | FHA 30 Year Fixed | 30 yr Jumbo |
| Purchase Price | $3,600,000 | $3,600,000 |
| Down Payment | $126,000 | $720,000 |
| Monthly Mortgage Amount | $22,053 | $18,204 |
| Taxes | $5010 | $5010 |
| Insurance | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 |
| Monthly Mortage Insurance | $2,160 | $0 |
| Monthly Estimated Total | $30,273 | $24,264 |
Pamela Helmer
REALTOR®
CNE, CRS, ABR, PSA
Cell: (563) 213-2636
Licensed in IA & IL
Dubuque Office
600 Star Brewery Drive
Suite 300
Dubuque, IA 52001
(563) 583-4550
Suite 300
Dubuque, IA 52001
(563) 583-4550
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