SOUTH AUSTIN COMMERCIAL MULTIFAMILY BUILDING FOR SALE! 3 1/2 STORY BRICK AND FRAME BUILDING! THERE ARE 13 UNITS IN TOTAL CONSISTING OF 9 RENTED 2 BEDROOM / 1 BATHROOM APARTMENTS AND 4 RENTED HUGE 3 BEDROOM / 1 BATHROOM APARTMENTS! 3 UNFINISHED BASEMENTS! STREET PARKING ONLY! LANDLORD PAYS HEAT AND HOT WATER, WATER AND COMMON! TENANT PAYS COOKING GAS AND ELECTRIC! ALL UNITS HAVE RADIATOR HEAT! ROOF REPLACED 2010! BUILDING LOCATED NEAR AUSTIN BLVD. CTA GREEN LINE TRAIN STATION! LOTS OF BASEMENT STORAGE! NEW INVESTOR CAN POTENTIALLY CREATE 2 ADDITIONAL GARDEN APARTMENTS WITH GUT REMODEL FOR ADDITIONAL RENTAL INCOME! SELLER FINANCING AVAILABLE, PLEASE CALL ME! SELLER FIRM ON SELLING PRICE.
Curbs and Gutters, Lighting/Exterior, Sidewalks, Cable Ready
Type of Multi-Family
Corridor-Exterior Entrance, Courtyard
Courtyard, Storms and Screens (as exist)
Equipment & Appliances
Circuit Breakers, Separate Meters, 0-100 Amps
Fire Extinguisher/s, Smoke or Fire Protectors
Hot Water, Radiators, Steam
Conventional, Owner May Help/Assist, Cash Only
Gross Rental Income
Gross Rental Multiplier
Total Annual Expenses
Annual Net Operating Income
Total Monthly Income
Net Operating Income Year
Total Annual Income
$14, 242 (2016)
This listing 235 North Mason Avenue Chicago, Il 60644
is a multi family 5+ listing
on a lot of 7,405 sqft (or 0.17 acres). 235 North Mason Avenue was built in 1916. 235 North Mason Avenue is located in Chicago and in ZIP Code 60644.
It has been listed on our site since 2/16/18.
All information provided is deemed reliable but is not guaranteed and should be independently verified. School assignments are subject to change. Please consult with the appropriate school system for student assignment.
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The community of Austin is Chicago’s largest neighborhood located on the west side of the city and only minutes away from the Loop and Lake Shore Drive. Click here to read more.
*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.
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