153 E 110th St Chicago, IL 60628
5 unit walk-up in Chicago's historic Pullman neighborhood
Property size:
4,006 SFLot size:
0.09 Acres- Added:
- Jan 17, 2025
- Days on Market:
- 441
- Last Refresh:
- Mar 16 at 9:06 am
Property Features for 153 E 110th St
General Information
- Standard status
- Active
- Property type
- Multifamily properties, Residential income homes, Other residential income properties, Residential income properties, Investment properties
- Size
- 4,006 SF
- Class
- C
- Elevators
- N/A
- Lot size
- 0.09 Acres
Building Details
- Year Built
- 1959
- Buildings
- 1
- Stories
- 3
Listing agent Noah (630) 209-3622
Listing office (630) 209-3622
Listing date Jan 17, 2025
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential income homes
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6161
- Latitude
- 41.6907
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - 5 unit walk-up in Chicago's historic Pullman neighborhood
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: 9.68% Cap Rate; Four (4) 1Bd/1Ba & One (1) 2Bd/1Ba; Adjacent to Gwendolyn Brooks College Prep
