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Home For Sale Illinois Chicago 1036
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Hotel For Sale By Owner

Single Room Occupancy Hotel




Chicago, Illinois 60608 United States
Description

Located in the Bridgeport neighborhood in Chicago. Proven money maker. $71000 gross, $45000 NOI, and 97% occupancy rate in 2012.SRO with 17 rooms and one 4 room manager's apartment. Vicinity of Archer and Ashland Avenues. Near CTA Orange Line, I-55 entrance, and Riverside square shopping center. Building is wired for cable TV/internet access. Frame construction, new roof installed in 1999. New electric, new plumbing, new dry wall, new interior and exterior doors, new pipe insulation, new boiler, new windows, new siding, new gutters, new floor tile and wall tile in bathrooms, new fire alarm system, new emergency lighting and illuminated signage, new interior lighting fixtures, all done during major rehab in 2004. Zoning is C1-2, building is code-compliant. Asking $380000, but will consider all reasonable offers. Please call 773-791-0905 for further details or to schedule a showing. Serious inquires only, no brokers please.

Price: $38,000
Property Sub-Type: Hotel
Average Occupancy: 97 %
Average Occupancy: 97 % %
Average Occupancy: 97 % % %
Average Occupancy: 97 % % % %
Average Occupancy: 97 % % % % %
Cap Rate: 12 % %
Cap Rate: 12 % % %
Cap Rate: 12 % % % %
Cap Rate: 12 % % % % %
Cap Rate: 12 % % % % % %
Total Building Size: 3254 SF
Total Building Size: 3254 SF SF
Total Building Size: 3254 SF SF SF
Total Building Size: 3254 SF SF SF SF
Total Building Size: 3254 SF SF SF SF SF
Total Lot Size : 2630 SF
Year Built : 1887
No of Stories: 2
Listing ID: 1036

Map of: Chicago, Illinois 60608 United States

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