Posted more than 180 days ago

118 E Garfield Blvd, Chicago IL 60615

Multi-Family Home
Description provided by Trulia.
Description provided by Realty Trac.
Wow! Proven Money Making 29-Unit Investment Property expanding over entire Block on Busy Garfield Boulevard in Appreciating Washington Park! Survey Reveals an Oversized 161??? x 100??? Lot that Spans 7 Standard Chicago Lots!! 100% Rented! Consisting of 22-Large Apartments (12- 3 Bedroom, 4- 2 Bedroom, and 6- 1 Bedroom) & 7 Storefronts! All 29 Tenants pay their own Electric, Gas, and Heat. Property Features: New Roof, New 3-Story Decks Spanning the length of both Buildings in the Rear, New Dual-Phase Electric 1,000 AMP Service, New Windows, Private Parking for 8 Cars in the rear of building, New State-of-the-art Internet Video Surveillance Security Cameras, and a Full Unfinished Basement with 9 ft. Ceilings, that is perfect for further expansion, a Storage Facility, and/or a large Laundry… Show more Facility for Extra Income! Each Storefront is equipped with both Central Heat & Central Air Conditioning! All Rents & Expenses for this property are Actual, not projected amounts, and includes an Up-to-Date Rent Roll and Income & Expense Sheet. Look at High Cap Rate of 11%, Gross Rent Multiplier of 7.3%, and Calculate your Handsome Rate of Return!! Owner Financing Possible, Call Israel for Details! Centrally Located in a Busy Commercial District, 2 Blocks from the Green ???EL??? Line, 3 Blocks from the Orange ???EL??? Line, and 2 Blocks from the Metra Train Station. This property is also 2 blocks away from Washington Park, The proposed area for the 90,000 Seat Olympic Stadium, should Chicago host the 2016 Summer Olympic Games! Learn more about the City plans for venues here at: http://chicago2016.org/venue_gallery.aspx . This building has two Addresses as it entails 2-Large Buildings, 118 E. Garfield, and 5450-52 S. Indiana Ave. See Virtual Tour
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Home facts for 118 E Garfield Blvd

Listing Details

Status For Sale
Listing Type Resale
MLS/Source ID 06693017
Lot size 16,100 sqft
Total views
(as of 12/31/09)
94

 

Year built 1892
Days on Trulia 180+
ZIP code 60615
Neighborhood Washington Park

Contact info

Israel Fuentes
Provided by: postlets.com
Broker:

Property Views

My search results

Additional information about 118 E Garfield Blvd

This property
$1,925,000
Similar homes for sale
$1,875,000
Recently sold homes
$
118 East Garfield Boulevard, Chicago IL
118 E Garfield Blvd, Chicago IL
$1,925,000
      
Multi-Family Home
Similar homes for sale
Average listing price is $1,875,000
6849 South Clyde Avenue, Chicago IL
6849 S Clyde Ave, Chicago IL
$1,875,000
Income/Investment
2.98 mi
This home
Listing price: $1,925,000
 
Compared to similar homes
Avg. listing price: $1,875,000 +3%
Avg. sales price:  
Avg. price/sqft:  
 
Compared to Washington Park
Avg. listing price: $136,429 +1311%
Avg. sales price: $106,132 +1714%
Avg. price/sqft: $49  
Comparisons are relative to similar homes on Trulia and are intended as a guide only. Home values are affected by many factors—find out more
Elementary
Middle
High
SCHOOL NAME SCHOOL TYPE PARENT RATING DISTANCE (mi)
William Carter Elementary School
Chicago Public School District 299
Public
0.33
Burke Elementary School
Chicago Public School District 299
Public
0.34
Beasley Magnet Academic Center
Chicago Public School District 299
Public
0.35
My son goes to Beasley and iits a very challenging school he has to take 8 periods and every since he has been going to Beasley his test scores has improved
Beasley Child Parent Center
Public
0.42
Sherwood Elementary School
Chicago Public School District 299
Public
0.6
When first enrolling my daughter in to Sherwood 2006-2007 school year I was apprehensive. My apprehension was due to the neighborhood youths and the community.…
View all schools in:   Chicago Public School District 299
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
Resource Center
This Multi-Family Home located at 118 E Garfield Blvd, Chicago IL, 60615 is currently for sale and has been listed on Trulia for 815 days. This property is listed by postlets.com for $1,925,000. The property has a lot size of 16,100 square feet and was built in 1892. 118 E Garfield Blvd is in the Washington Park neighborhood in Chicago and in ZIP Code 60615. The list price of $1,925,000 is 1311% higher than the average list price of $136,429 for Washington Park real estate, 508% higher than the average list price of $316,769 for 60615 real estate, and 349% higher than the average list price of $429,101 for Chicago, IL real estate. The price for this property is 1714% higher than the average sales price of $106,132 for Washington Park, 932% higher than the average sales price of $186,449 for 60615, and 438% higher than the average sales price of $357,630 for Chicago.
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