Must Sell 30 Unit Building for sale in Chicago, Illinois

$310,000

Ton’s of Cashflow potential with this 30 units in the Lawndale area of Chicago IL. Only $375,000 $310,000. Potential to earn over $145,000 per year in profit. And up to 17 percent return.

The building needs a full gut rehab.

Professional contractors have estimated repairs to be raging from $590k to $750k. Property is completely vacant and is ready to be rehabbed with 25 studios, 5 one bedrooms apartments and 1 large retail space that can be converted into a laundry mat bringing in $5,000 per month in projected income.

You can also convert the studio apartments into 16 2 bedroom apartment.

Building features new roof, some new windows, new gutters.

Again needs full gut rehab inside.


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