2112 Michigan Avenue

    Chicago, IL 60616
    • $4,600,000
    • STATUS: Active
    • ON SITE: 556 days
    • MLS #: 09829490
    $4,600,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Mixed use building in the up and coming Motor Row location, fully leased with long term retail tenants and beautiful brand new apartment build-outs. One block from the brand new Green Line stop, near new DePaul area and multiple new construction hotels and projects. Apartments have been completely gut renovated with brand new electric, plumbing and HVAC, as well as stainless steel appliances, granite counter tops and all new fixtures.

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    © 2019 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 The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2019-07-19T23:51:59.403 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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    www.chicagosuburbanrealestate.com/homes/79841637

    2112 Michigan Avenue Chicago, IL 60616

    • Price: $4,600,000
    • Status: Active
    • MLS #: 09829490
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1920
    Built
    Neighborhood:
    Chi - Near South Side
    County:
    Cook
    Area:
    Chi - Near South Side
    Property Description
    Mixed use building in the up and coming Motor Row location, fully leased with long term retail tenants and beautiful brand new apartment build-outs. One block from the brand new Green Line stop, near new DePaul area and multiple new construction hotels and projects. Apartments have been completely gut renovated with brand new electric, plumbing and HVAC, as well as stainless steel appliances, granite counter tops and all new fixtures.
    Exterior Features

    Frontage Access City Street Lot Dimensions 120X75 Lot Sq Ft 9000 Number Of Parking Spaces 0

    Interior Features

    Air Conditioning None Fire Protection None Floor Finish CarpetTileVinyl Miscellaneous Inside Skylight/S Number Of Apts 7 Number Of Dishwashers 7 Number Of Dryers 7 Number Of Offices 0 Number Of Refrigs 7 Number Of Stores 3 Number Of Stories 2 Number Of Washers 7

    Property Features

    Age New Rehab Built Before1978 YN Yes Current Use Commercial Electric Expense Source Combination Electrical Service None Electricity Expense 12099 Estimated Cam SF 6 Expense Year 2018 Fuel Expense 3953 Fuel Expense Source Actual Geographic Locale Downtown Chicago Gross Rental Income Amount 0 Heat Ventilation None Insurance Expense 5551 Insurance Expense Source Actual Lease Type Net Net Oper Income Amount 28860 Other Expense Source Broker Projection Other Expenses 11000 Owners Assoc YN No Rental Price 20 Tax Year 2017 Taxes $13949 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatScavengerWater/SewerVaries By Tenant Total Annual Exp 91824 Total Annual Income 392197 Total Monthly Income 32683 Township South Chicago Washer Dryer Lsd YN No Water Expense 1596 Water Expense Source Actual Zoning Type Rtail

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Chicagoland Brokerage, Llc.


    © 2019 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 The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2019-07-19T23:51:59.403 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
     
    The Dena Furlow Team - Keller Williams Realty
    608 S. Washington St., Suite 100
    Naperville IL, 60540