153 E. 110th St Chicago, IL 60628
Sponsored
Historic Pullman investment opportunity. High cash flow potential.
Property size:
4,006 SFProperty Features for 153 E. 110th St
General Information
- Property type
- Multifamily properties
- Square Feet
- 4,006 SF
- Price / Square Foot
- $118
- Class
- C
- Elevators
- N/A
- Lot Size
- 4,006 SF
Building Details
- Year Built
- 1959
- Buildings
- 1
- Stories
- 3
Overview
Pullman Five-Unit Investment Opportunity
Located at 153 E. 110th St in Chicago's historic Pullman neighborhood, this five-unit walk-up building presents an investment opportunity. The property is situated on a quiet, tree-lined street across from Gwendolyn Brooks College Preparatory campus and one block north of Palmer Park, which offers sporting facilities, a fitness center, and an outdoor swimming pool. The building comprises four one-bedroom, one-bathroom units and one two-bedroom, one-bathroom garden apartment. Each unit includes luxury vinyl plank flooring, spacious floor plans with oversized living rooms, and electric baseboard heating. Recent improvements include new copper plumbing, updated electrical systems, and extensive masonry and tuckpointing work. The property also features five potential income-producing parking spaces. The building currently boasts a 9.68% cap rate, with potential to exceed 10.5% through market rate adjustments, yielding a projected cash return of 19.79%. Individual and separate utilities for each unit provide efficient management and cost control. The building size is 4,006 square feet, situated on a 0.09 acre lot.
HighLights
- Five‑unit walk‑up building in Chicago's Pullman neighborhood.
- Features four 1‑bedroom/1‑bathroom units and one 2‑bedroom/1‑bathroom unit.
- Boasts a 9.68% cap rate with potential for over 10.5% with market rate adjustments.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential income homes
Location Insight
- City
- Chicago
- State
- Illinois
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Historic Pullman investment opportunity. High cash flow potential.
Where is this multifamily property located?
The property is located at 153 E. 110th St Chicago, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Five-unit walk-up building in Chicago's Pullman neighborhood.; Features four 1-bedroom/1-bathroom units and one 2-bedroom/1-bathroom unit.; Boasts a 9.68% cap rate with potential for over 10.5% with market rate adjustments.