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Mike & Eve Del Monte
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Chicago IL Real Estate & Commercial for Sale

7 Properties Found

The median home value in Chicago, IL is $280,250. This is higher than the county median home value of $267,250. The national median home value is $277,796. The average price of homes sold in Chicago, IL is $280,250. Approximately 40% of Chicago homes are owned, compared to 48% rented, while 12% are vacant. Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Chicago real estate agent to arrange a tour today!
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1–7 of 7 properties displayed
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11627180
Type:
Other
Year built:
1907
A broker reciprocity listing Courtesy: Great Lakes Realty Central Inc
View additional info

This majestic & impeccable red brick & limestone boutique center entrance eight unit, BETTER than condo quality, rental apartment building, is on one of the best streets in east Bronzeville. The building's exquisite, high caliber renovated apartments are synonymous w/ today's top notch luxurious condos with 21st Century accouterments, yet maintains the graciousness of old world quality & elegance. Enter into the gorgeous common areas & appreciate the marriage of modern flare with traditional style. All-encompassing vast capital improvements entail a hand fabricated metal cornice, new roof, generator system, overhead entrance code operated gated parking & even irrigation system! The tenants love their homes & private terraces with mature, strategically planted trees that create a secluded oasis. With current long term residents, the building's cap rate of 6.76% & NOI of$128,194 can be easily adjusted to today's market rents & a cap of 7.4% & an NOI of $140,246 -without spending a penny. The successes to the owner's legacy are two factors: superb care for the asset & its great residents. Hence, the new owner steps into a fully occupied & renovated turnkey property. All 8 luxury rentals are ultra-chic 2 bed/2 bath apartments, w/ individual HVAC, half circular living rooms, open dining rooms, 7" crown moldings, SS closet organizers in an amazing amount of closets, SS appliances, slab granite countertops, 42" upper cabinets, front loading euro washers & dryers, hip lighting, Decora switches & dimmers, strategically placed cable for flat screens, 2" horizontal blinds & a lot more. Superbly located amongst new construction homes & 2 blocks to Dyetts's School for the Arts, Washington Park, Provident Hospital & buses. Close to the Green Line Train, Hyde Park, LSD, 90/94 & I-55. This is rare opportunity to buy a truly remarkable asset.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11623748
Type:
Other
Year built:
1950
A broker reciprocity listing Courtesy: North Clybourn Group, Inc.
View additional info

One of A Kind Mid-Century Modern 22 + unit Apartment Building in vibrant Bronzeville location set on Historic King Drive $279,236 NOI/7.1 CAP Offering 91% stake: 22 of 24 units with 10 parking space. Intelligent design with highly efficient and diverse floorplans, Equal combination of one and two bedrooms . Fully stabilized AA tenant base, envisioned and curated by a lifestyle focused ownership team. Meticulous attention to detail in all aspects realized in high tenant retention rates. Numerous unit upgrades, Refinished Hardwood and VHT Luxury Flooring, curated interior colors, LED lighting, Professional Kitchens, Euro-style washer/dryers, All custom closet organizers, Resort inspired baths, Integrated vanities and medicine cabinetry, Window treatments, Dimmer switches, Individual HVAC, 1 to 1 storage, Full supplemental on-site laundry center and Community room space. Extensive Capital Improvements. Annual apartment reviews have yielded a maintenance level rarely encountered. The opportunity to scale further and create a Legacy Campus of 44 Units/35 car parking + can be packaged with neighboring 4954-58 S King/350 E 50th 90%+ controlling majority stake NOI $149,939 65% Stabilized Contiguous corner comprised of 14 residential units Palpable expansion opportunities for 2 ADU's within the King envelope offering(not factored as part of 44-unit package count) (1) center entry side by side 6 unit @350 E 50th. This value-add hybrid requires complete renovation all 2-bedroom 2.1 bath inclusive of architectural plans designed as 8 envisioning 2 additional units below grade (2 below grade not factored in 44 total package count) + 100% controlling interest of 4953-55 S Calumet Center Entry 8 units + 8 parking spaces. NOI $126,532 / 6.9 cap + Significant separate immediately adjacent @ 4945 S Calumet (behind 4954-58 King) expertly over-engineered 17 car parking lot, cement paved, lined, remote secured access, professionally landscaped with irrigation system prepped. Parking System built-out with full plans and permits for permitted use. Meticulous attention to detail in all aspects from skilled scaled veteran ownership team. Transparent, comprehensive scope of work, capital improvements, rent roll, lease schedules and full financials available on request. Exceptional location provides urban intimacy coupled with hyper-convenience and strong proximity to U of C, Lakefront, Rush Medical Center, Loop, Green Line, Expressways. 48 hours' notice to show. Rare opportunity to obtain a sizeable AA turnkey footprint strategically positioned for continue long term growth.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11617493
Type:
Other
Year built:
1920
A broker reciprocity listing Courtesy: North Clybourn Group, Inc.
View additional info

One-of-A-Kind Unicorn Investment Opportunity set in Vibrant Bronzeville offering stately stabilized center entrance side by side 8 residential units + significant remote secured 8 parking spaces. 100% Controlling Interest NOI $126,532 /6.9 % CAP. Extensive gut renovation and notable capital improvements offer abundant choice for numerous investment objectives. Double custom metal fabricated cornice, backup generator, cable heated gutter, new rear decks full plans and permits, extensive masonry improvements, roof, skylight replacement, prolific professional landscaping and more. Intelligent design, expansive and diverse floorplans, unit mix offering includes 5 floor plans : (2) extraordinary 4-bedroom 2 bath (1) exceptional 3-bedroom 2 bath (2) Expansive 2-bedroom 2 baths (1) Equally Expansive 2-bedroom 1.5 bath, (2) Quality 2 bedroom 1 baths. Superior attention to detail in all aspects realized in high tenant retention rates. Refined living, endless appointments, professional grade kitchens, inspired bathrooms, individual HVAC, washer dryers in unit, custom closets, window treatments, dimmers, designer lighting, are a soft sampling of the exhausting list of unit features. Apartment reviews yielded a maintenance level rarely encountered. The opportunity to scale further can be packaged with neighboring fully stabilized 22 units + 10 parking spaces @ 4950 S King NOI $279,236/7 CAP, 4954-58 S King/350 E 50th 14 units NOI $149939 inclusive of immediately adjacent, expertly over-engineered 17 car parking lot, cement paved, lined, remote secured access, professionally landscaped with irrigation system. Parking System built-out with full plans and permits for permitted use. 350 E 50th porition is a Value Add Center Entry Side by Side 6 residential Units, each with individual pins. This value-add hybrid requires complete renovation and framed as 2-bedroom 2.1 bath inclusive of architectural plans designed as 8, envisioning 2 additional units below grade..Palpable expansion opportunities, attention to detail in all aspects from skilled scaled veteran ownership team. Transparent, comprehensive scope of work, capital improvements rent roll, lease schedules and full financials available on request. Exceptional location provides urban intimacy coupled with hyper-convenience and strong proximity to U of C, Lakefront, Rush Medical Center, Loop, Green Line, Expressways. 48 hours' notice M-F 10am to 4pm to show. Rare opportunity to obtain a sizeable AA turnkey footprint strategically positioned for continue long term growth.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11464374
Type:
Other
Lot size:
0.25 Acres
Year built:
1886
A broker reciprocity listing Courtesy: Jameson Commercial
View additional info

Jameson Commercial is pleased to exclusively present 5120-26 S. Michigan Ave., a spacious 8-unit center entrance walk up building located in the booming Washington Park/Bronzeville neighborhood on the south side of Chicago. The improvement sits on an over-sized lot (63' x160') offering renters large apartments and an enclosed on-site parking lot accommodating up to 11 vehicles. 5120-26 S. Michigan has a desirable unit mix and these units are large in square footage. The break-down are as follows: (3)1Bd/1Ba at 880sf, 700sf, & 560sf, (2) 3Bd/2Ba at 1,920sf, and (3)5Bd/2Ba boasting 2,140sf. Throughout the recent years, the building has undergone significant and extensive improvements consisting of, but not limited to: roof repairs, exterior painting, tuck pointing, HVACs, plumbing,common areas, and perimeter fence. The units have also have been improved with granite counter tops and updated appliances. This asset offers a true unique and value-add opportunity. As it currently stands, an investor can acquire an existing cash flowing asset from day one with an in-place Cap Rate of 8.09% and Cash-on-Cash return of nearly 10%. In addition, the current owners have plans and permit to add four garden-style 1Bd/1Ba units and increase the gross rental income to +/-$45,000 per year. Some work has started that includes, but not limited to: plumbing, laundry room and furnaces. Note: in the financial section of this MLS listing and in the "fuel" line item, the dollar amount represents the combined annual utility costs for gas (hot water), water and common area electric. Please inquire for an Offering Memorandum.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11428925
Type:
Other
Year built:
1890
A broker reciprocity listing Courtesy: @properties Commercial
View additional info

Three Story, Multi Family Building in Bronzeville, on S King Drive, just South of 49th. Newly Renovated Apartments with modern interior design, stunning original masonry and gate secured three car garage, just off the alley. Building is ready to either condo or lease at your own rate; similar simplex comps are at $375k each and duplex comps at $425k each. First level has two duplex down 5BD/3BA apartments (rent at $3300 per month). Second and third level feature four - 3BD/2BA (1700 SF) simplexes (rent at $2700-$2800 per month). New finishes include but not limited to: hardwood floors throughout, tons of natural light, private balcony, stainless steel appliances, in-unit laundry and updated HVAC. Each unit boasts large living/dining/kitchen area, primary bedroom with attached en-suite and additional bedrooms that can comfortably accommodate a queen bed. Utilities are separately metered, renters pay for gas and electric. Management in place. Quick Drive to the Hyde Park Shopping and Dining District, Lake Michigan or steps from the train station. 0.4 Miles to the 47th Green line train station, multiple bus stops and close access to the Expressway or Lakeshore Drive.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11419090
Type:
Other
Year built:
1951
A broker reciprocity listing Courtesy: Horizon Realty Brokers, Inc.
View additional info

Great Investment Leased Property with NNN Lease for long period , Existing Tenant is doing complete Remodeling and Build Out For his Business . Free Standing 8,250.SF Building on an 18,100.sf Lot, The parking can accommodate over 15 Cars. Great Location in a busy business district . also located near the CTA EL Station .

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11099115
Type:
Other
Year built:
1956
A broker reciprocity listing Courtesy: Exit Strategy Realty / EMA Management
View additional info

Church has two (2) restrooms and a small area in the back of the house. On the lot behind the building, there is 50-60 feet of space that can be used to build out/add on to create a Pastor's Office and a garage/parking pad.

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Listings courtesy of APPLICABLE MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/1/2022. 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.

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