Listing provided courtesy of First Western PropertiesMREDas Distributed by MLSGrid- MLS# 12209947
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Request Info2230 S Sawyer AvenueChicago, IL 60623
Commercial · 3 Beds · 4,050 Sq. ft.$960,000
Active
2230 S Sawyer Avenue Overview
- Time on Site:
- 593 days
- Visits:
- 2
Introducing an exceptional opportunity for multifamily/mid-rise investors in the vibrant city of Chicago. This newly renovated 4,050 SF property, built in 1909 and updated in 2022, features 6 units and enjoys full occupancy, making it an attractive addition to any portfolio. Located in heart of Little Village Area, the property offers significant potential for rental increases, appreciation in a prime urban location. Don't miss the chance to acquire this impressive property with a strong rental history and ample room for continued growth and prosperity. -6 Unit Fully Renovated Property -Full Occupied w/Strong Income History -Tremendous Upside Offering Both Rental Growth and Appreciation -Below Market Rents -Conveniently Located! Next to Cermak, Kedzie & Ogden CTA bus lines, CTA Train (Pink Line) and I290 & I55 Expressways
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2230 S Sawyer Avenue Facts & Features
- Type Commercial
- Sq. ft. 4,050
- Price/Sq.ft. $237
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Income: 86700
- Gross Scheduled Income: 86700
- Insurance Expense: 2180
- Maintenance Expense: 1500
- Net Operating Income: 74563
- Operating Expense: 12137
- Trash Expense: 454
- Water Sewer Expense: 1941
Building Information
- Year Built: 1887
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - South Lawndale
Tax Information
- Tax Annual Amount: $5,154.00
- Tax Year: 2023
General Information
- Parcel Number: 16262060280000
- Property Type: Commercial Sale
- Zoning: MULTI
Interior
Building Interior
- Building Area Total: 4050
General Information
- Foundation Details: Concrete Perimeter
- Stories: 3
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 25X125
- Lot Size Square Feet: 3125
Building Exterior/Construction
- Construction Materials: Brick, Stone
General Information
- Number Of Units Total: 6
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 2
- Baths Total: 1
- Units Total: 3
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 1
- Baths Total: 1
- Units Total: 3
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 0
- Units Total: 0
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 0
- Units Total: 0
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 0
- Units Total: 0
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 0
- Units Total: 0
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
2230 S Sawyer Avenue Neighborhood
Community
60623 (Chicago) Demographics
33
Median Age
14,242
Population Density (per sq. mile)
17%
College Educated
$34,714
Estimated Median Income
9,269
Estimated Total Home Owners
16,477
Estimated Total Renters
36% / 64%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2230 S Sawyer Avenue Monthly Cost
2230 S Sawyer Avenue Market Data
Based on the last 30 days in this zip code
$338,047
Average List Price
$199
Average Price per Square Foot
6
Properties Sold
76
Average Days on Market
25
Properties for Sale
2230 S Sawyer Avenue History
| Date | Value | Agent |
|---|---|---|
| 11/18/2024Source: MRED | Active |
|
| 11/13/2024Source: MRED | November 13, 2024 |
|
| 6/20/2022Source: MRED | January 27, 2022 |