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153 E 110th Street, Chicago, IL 60628
$475,000
153 E 110th Street, Chicago, IL 60628View this property at 153 E 110th Street, Chicago, IL 60628
153 E 110th StreetChicagoIL60628
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Property Description
153 E. 110th St is a five (5) unit walk-up located in Chicago's historic Pullman neighborhood. The building sits on the corner of a quiet, tree-lined street across from the premier Gwendolyn Brooks College Preparatory campus and one (1) block north of Palmer Park, which features sporting facilities, a fitness center, and an outdoor swimming pool. 153 E 110th St is comprised of four (4) 1bd/1ba units and one (1) 2bd/1ba garden apartment. Each unit features luxury vinyl plank flooring and a spacious floorplan with an oversized living room and electric baseboard heating. Recent improvements to the building include, but are not limited to, copper plumbing, updated electric, and an abundance of masonry and tuckpointing work. The building also features five (5) possible income-producing parking spaces. 153 E. 110th St presents an investor with a unique opportunity to acquire an incredibly strong, positive cash cash-flowing asset with an in-place cap rate of 9.24%. Solely through bringing all units up to market rate, a new owner could achieve a cap rate over 9.5% and a cash return of 15.33%.
Full Property Details
Full Property Details for 153 E 110th St
General
- Price: $475,000
- HOA FEE: $2,125
- Taxes: $2,682 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11971284
- Updated: 4/16/2024
- Added to Site: 124 day(s) ago
Location
- Area: CHI - Roseland
- County: Cook
- Driving Directions: From 111th St, turn north onto Indiana Ave, left on 110th St. Property is on the southwest corner of Indiana/110th
Heating & Cooling
- Heating Type: Electric
Utilities
- Trash: 1800
Structural Information
- Stories/Levels: 3
- Year Built: 1960
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 71' x 72'
Financial Considerations
- Maint. Fee: $2,125
- Insurance Fee: $2,500
- Operating Expenses: $18,810
- Other Fee: $1,997
- Assessment Year: 1960
- Tax Amount: $2,682
- Tax Year: 2022
- Tenant Pays: Electricity, Heat, Hot Water
- Pays Electric: 1271
- Pays Trash: 1800
Disclosures and Reports
- Property ID: 25153230390000
Listed by Kiser Group Realty Inc
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Schools
Schools serving 153 E 110th St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
138 W 109th St, Chicago, IL 60628 | PK-8 | 0.5 mi | |
821 E 103rd St, Chicago, IL 60628 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 153 E 110th St
Date
Details
Price
Change
Source
1/30/2024
Listed
$475,000
170.66%
MLS
11/02/2004
Sold
$175,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 153 E 110th St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$2,682
2%
$12,999
—
2021
$2,621
3%
$12,999
14%
2020
$2,552
-4%
$11,430
-13%
2019
$2,646
2%
$13,138
—
2018
$2,602
-46%
$13,138
-41%
2017
$4,844
7%
$22,452
—
2016
$4,508
9%
$22,452
—
2015
$4,124
22%
$22,452
24%
2014
$3,378
-3%
$18,159
-5%
2013
$3,468
1%
$19,024
—
2012
$3,421
—
$19,024
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 153 E 110th St
153 E 110th Street, Chicago, IL 60628 (MLS# 11971284) is a Commercial property. 153 E 110th Street is currently listed for $475,000 and was received on January 30, 2024. Want to learn more about 153 E 110th Street? Do you have questions about finding other Commercial real estate for sale in Roseland? You can browse all Roseland real estate or contact a Coldwell Banker agent to request more information.