John George
This listing was posted on RealtyWW.
$4,125,000
Home For Sale In Chicago, Illinois
Price:
$4,125,000
BR/BA:
3 BR, 3 BA
Location:
5219 S Calumet Ave, Chicago, IL
Description:
5219 S. Calumet is a 26-unit property located Chicago's historic Washington Park neighborhood. The asset is ideally situated within steps of Washington Park and just one block away from the Metra Train (51st Station), providing quick and easy transit via public transportation to Chicago's Downtown. 5219 S. Calumet is comprised of an incredibly desirable unit mix, consisting of nine (9) 1Bd/1Ba, twelve (12) 2Bd/1Ba, and five (5) 3Bd/1Ba units. All units are incredibly spacious and have been updated both cosmetically and mechanically. In addition, the building boasts wood flooring throughout and easy access to newer laundry machines in the mechanical room. 5219 S. Calumet provides investors with the unique opportunity to obtain a stabilized, cash flowing asset in one of Chicago's most rapidly appreciating neighborhoods. From day one, an investor will realize an in-place cap rate over 7% and a cash return of 5.36%. Additionally, an investor has the option to assume the existing debt (terms below) through Freddie Mac: 5219 S Calumet: - $1, 673, 420 - 4.97% Rate - 5 Years RemainingFor more details: https://realtyww.info/homes_chicago-d523258/for-sale_i68949282
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More About this Listing: Home For Sale In Chicago, Illinois
Home For Sale In Chicago, Illinois is a Three Bedroom 3.5 Bath Single-Family Homes for Sale at 5219 S Calumet Ave in Chicago IL. Find other listings like Home For Sale In Chicago, Illinois and listings near 5219 S Calumet Ave by searching Oodle Classifieds for Three Bedroom 3.5 Bath Single-Family Homes for Sale in Chicago IL.
Home For Sale In Chicago, Illinois is a Three Bedroom 3.5 Bath Single-Family Homes for Sale at 5219 S Calumet Ave in Chicago IL. Find other listings like Home For Sale In Chicago, Illinois and listings near 5219 S Calumet Ave by searching Oodle Classifieds for Three Bedroom 3.5 Bath Single-Family Homes for Sale in Chicago IL.