Properties

Features
: Wall Sleeve
Address Map
US
IL
Cook
Chicago
60643
Hale
10313-17
Avenue
W88° 19' 53.8''
N41° 42' 21.4''
Wood Street to 105th Street. West on 105th Street to Hale. North on Hale to address.
CHI - Beverly
S
MULTI
Additional Information
26400
: Brick
: Multi-Family
19907
23
Multi-Family
3
EXIT Strategy Realty
William Bates Jr
Financial
47740
Listing Information
150912
18235
Temporarily No Showings
2025-02-28T16:59:02Z
MRED
2025-02-28T16:58:08Z
Property Description

Excellent investment and redevelopment opportunity! This three-story, masonry constructed, 23-unit, multi-family property is in the Beverly neighborhood directly across from the 103rd Street Metra Train Station. It features an attractive mix of 19 two-bedroom one-bathroom units, 3 three-bedroom and 1.5-bathroom units and 1 three-bedroom and two-bathroom unit. All units are centrally heated via a radiant boiler system. The cost of heating the units is the responsibility of the landlord. The units are cooled via sleeve air conditioning units. The cost of electricity is paid by the tenant. The building includes a common area laundry and features an exterior parking lot with 30 spaces. This is a value-add opportunity. There are 13 vacant units, of these at least five units are in poor condition and need complete renovation. In addition, the remaining vacant units and the occupied units present opportunities to refresh those units and command market rents which are estimated to be higher than current rents.

Commercial Sale For Sale

10313-17 S Hale Avenue, Chicago, Illinois 60643

$2,000,000
Listing ID#12183975
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12183975
Price : $2,000,000
Year Built : 1970
Listing Status : Hold
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