FOR SALE
$ 579,900 Est. Payment

3620 W 16th Street

Chicago, IL 60623
Mixed Use
Residence
0.11
Acre Lot
1of
Map
Photos
Listing courtesy of: Hadeil Abdelfattah - Century 21 S.G.R., Inc.
Rarely available cash cow! This property is priced at a 16% cap rate. Property has recently gone through 250K+ renovations, originally 5 storefronts now combined into 4 & an additional 4 apartments, total of 8 units. All commercial tenants are running positive profits. Some long-term residential tenants with over 40 years occupancy. Features new electrical circuit breakers, hardwired CO2 & fire alarms, new plumbing throughout, new beams & joists where needed, new chimneys, new heating unit in commercial spaces, newer heating units in apartments. Each tenant has separate heat & hot water tank. Tenants control individual thermostats & have individual utilities. Income of $8,000 monthly!
10613609
Mixed Use, Other
Cook
1900
0.11 Acres
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
People
Zip
City
County
National
87,836
2,720,546
5,238,216
321,418,820
16,400
11,915
5,530
89
3.6
2.6
2.6
2.6
28.1
33.4
35.7
37.4
$29,075
$47,831
$54,828
$53,482
$11,441
$28,623
$30,468
$28,555
 
Economy
Zip
City
County
National
6.80 %
6.80 %
6.40 %
5.20 %
1.40 %
1.40 %
1.40 %
1.60 %
36.00 %
36.00 %
36.40 %
38.00 %
10.25 %
10.25 %
10.25 %
6.00 %
3.75 %
3.75 %
3.75 %
4.60 %
98
111
109
100
 
Environment
Zip
City
County
National
594
593
659
1443
38.4
38.2
38.2
39.2
37.1
37.1
34.8
25.8
18.2
19.5
17.6
22.6
84.2
84.3
84.1
86.1
124
124
120
102
189
189
189
205
41
46
45
54
Source: Sperling's Best Places
Listing courtesy of: Hadeil Abdelfattah - Century 21 S.G.R., Inc.
Diane Danzy Odell, Xome Inc, License #471010621 (BR), 478026347 (Ofc), DianeD.Odell@xome.com, 312-757-9641, 77 Washington, Suite 714A, Chicago, Illinois 60602


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