Active
10313-17 S Hale Avenue
Chicago IL, 60643
$2,000,000
$75.76 per sqft
Active
26,400 sqft
Multi-family
Built in 1970
Courtesy of EXIT Strategy Realty
Excellent investment and redevelopment opportunity! This three-story, masonry constructed, 23-unit, multi-family property is in the Beverly neighborhood directly across from the 103rd Street Metra Train Station. It features an attractive mix of 19 two-bedroom one-bathroom units, 3 three-bedroom and 1.5-bathroom units and 1 three-bedroom and two-bathroom unit. All units are centrally heated via a radiant boiler system. The cost of heating the units is the responsibility of the landlord. The units are cooled via sleeve air conditioning units. The cost of electricity is paid by the tenant. The building includes a common area laundry and features an exterior parking lot with 30 spaces. This is a value-add opportunity. There are 13 vacant units, of these at least five units are in poor condition and need complete renovation. In addition, the remaining vacant units and the occupied units present opportunities to refresh those units and command market rents which are estimated to be higher than current rents.
12183975
MLSⓇ ID
January 22, 2025
Listed
January 28, 2025
Updated
Map
10313-17 S Hale Avenue
Chicago IL, 60643
Interior Features
Total Stories
3
Fireplace
No
Cooling
Yes
Cooling Description
Wall Sleeve
Heating
No
Exterior/Building Features
Lot Size
0.46 Acres
Other Property Details
Area Name
CHI - Beverly
Taxes
$47,740
Tax Frequency
Annually
Days on Market
6
Garage
No
View
No
County
Cook
Pool
No
Zoning
MULTI
Courtesy of EXIT Strategy Realty, William Bates Jr,
Listing Contact: 312-554-5478
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Chicago Multifamily Investments are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 1/28/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 9:16 AM UTC, 1/28/2025
