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Property Description

Rent roll available upon request. Photos are from a unit that was vacant last year. The building consists of six spacious and bright 3 bed 1 bath units & one 4 bed 1 bath unit with generous living square footage and ample closet space. Each unit has its own water heater and furnace, all working well. The occupied units are with CHA tenants, except for one (non-CHA tenants have been living in the building for 20+ years) ensuring consistent cash flow every month. ***Gross income for 2024 - $9651/month, NET operating income: $3,000-$4,000/month!!!!*** This is a brick building on the outside with a detached 2-car garage and several remodeled units on the inside featuring recently restored and varnished hardwood floors in four of the units, life-proof, waterproof laminate flooring throughout the rest. One apartment in original condition because tenants have been living there for 20+ years, but bathroom was remodeled in November of 2024. The roof of both the building and the garage have also been restored in August, 2023.

Features & Information

Key Details

List Price $720,000
Property Taxes $11,106
Price/ Sq. Ft. Unavailable
Year Built 1917
Status New

Building Information

Age of Building Older
Exterior Construction Brick
Heating & Cooling Gas

Location

County Cook
Directions to Property The Building Is Located On The Corner Of S Lockwood St And W Adams St.

Property Taxes
Tax 11106
Parcel Identification Number 16161050170000

Listed by Tamara Verdin for Prello Realty | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/19/2025 6:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Explore South Austin

With wide boulevards, plenty of park space, inexpensive housing and convenient transportation options, South Austin is a Chicago neighborhood on the rise. Civic organizations are an active part of South Austin's community culture, working with residents and local businesses to revitalize the area and create an attractive and pleasant environment. A classic farmer's market sets up shop in the heart of South Austin every week during the warm weather months, and year round recreational activities are always going on at the neighborhood's popular Columbus Park fieldhouse. A nine-hole golf course makes it easy for South Austiners to keep those tee times and summertime movies and concerts in the park are a great evening event for the whole family to enjoy.

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