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GenoPetro.House
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GenoPetro.House
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4405 N Moody Avenue,  Chicago IL, 60630

(Active)
$1,399,900
|
|
MLS# 10021487
1of
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Last Updated: 9/19/2019 2:25 PM
Description for 4405 N Moody Avenue Chicago, IL 60630
One-of-a-kind building with unique floorplan. All 7 units are duplexed both up & down, across three levels. Unit mix composed of (3) 3 bed/1.1 bath, (3) 2 bed/1.1 bath, & (1) 2 bed/1 bath. All 2 bedrooms have a bonus family room with 3rd bedroom potential. 6 parking spots. Individual utilities leave open the possibility of future condo conversion. Fully leased with one-year leases for 5 units & 2 units coming for renewal. Upgrades include new roof in 2017, new front porch in 2016, 1 new boiler in 2016 & 1 new boiler in 2016. Strong cash flow in current form, with base figures taken from current rent roll & actual expenses. Short term upside potential with pro-forma figures based upon projections after straightforward value add to kitchens & bathrooms. A long-term potential upside for condo conversion and/or converting 2 bedroom bonus rooms to a full third bedroom.
Price
$1,399,900
Cook
10021487
Active
Description
One-of-a-kind building with unique floorplan. All 7 units are duplexed both up & down, across three levels. Unit mix composed of (3) 3 bed/1.1 bath, (3) 2 bed/1.1 bath, & (1) 2 bed/1 bath. All 2 bedrooms have a bonus family room with 3rd bedroom potential. 6 parking spots. Individual utilities leave open the possibility of future condo conversion. Fully leased with one-year leases for 5 units & 2 units coming for renewal. Upgrades include new roof in 2017, new front porch in 2016, 1 new boiler in 2016 & 1 new boiler in 2016. Strong cash flow in current form, with base figures taken from current rent roll & actual expenses. Short term upside potential with pro-forma figures based upon projections after straightforward value add to kitchens & bathrooms. A long-term potential upside for condo conversion and/or converting 2 bedroom bonus rooms to a full third bedroom.
Listing Information
Property Type: Multi-Family, 2 Story
0.07 Acres 2
Neighborhood
Room Information
Interior Features
Gas Heat, Radiators
3
Exterior / Lot Features
None
54 X 125
MULTI
Driving Directions
east/west on Montrose to Moody, north to property.
Financial Considerations
13171210260000
$6,551
Listing Price History
sourceMLS

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60630 has a population of 2,744,016.

The median household income in Chicago, Illinois 60630 is $54,140. The median household income for the surrounding county is $49,964 compared to the national median of $49,877. The median age of people living in Chicago 60630 is 37 years.

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Courtesy: Century 21 S.G.R., Inc.
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