6237-6262 Hohman Avenue
6237-6262 Hohman Avenue
$799,900
—
8,281
8,281
$97
Description
Remarkable investment opportunity in Historic Hammond with 9.5%+ CAP potential for savvy new operator! Well maintained 7-unit property (with 3 attached garages with 5 spaces, currently not being used/leased, and a coin operated laundry room) consisting of a mix of (1) studio unit, (4) one bedroom units, (1) two bedroom unit & (1) three bedroom unit, all with 1/2 bathrooms. Many recent updates including rubber roof, brand new boiler with transferable warranty, some cosmetic updates in larger units....Remarkable investment opportunity in Historic Hammond with 9.5%+ CAP potential for savvy new operator! Well maintained 7-unit property (with 3 attached garages with 5 spaces, currently not being used/leased, and a coin operated laundry room) consisting of a mix of (1) studio unit, (4) one bedroom units, (1) two bedroom unit & (1) three bedroom unit, all with 1/2 bathrooms. Many recent updates including rubber roof, brand new boiler with transferable warranty, some cosmetic updates in larger units. Located near the incoming South Shore Train Extension and just north of Downtown Hammond on main thoroughfare with easy access to Chicago's bustling business district. Some units metered separately. Currently fully leased with stable tenants, but most leases have been switched to month to month or are expiring soon for the convenience of the new owner! Call to schedule your showing today.
- Listed by Robert Medinger • Keller Williams Preferred RealP: (773) 543-8502 C: (773) 543-8502 robjmedinger@gmail.com
Property Details for 6237-6262 Hohman Avenue
Zoning
Commercial
SubdivisionWheelers Add
Location
LISTING UPDATED: 03/24/2024 06:01 PM
Property Details for 6237-6262 Hohman Avenue
Status | Active |
---|---|
MLS # | 801236 |
Days on Market | 75 |
Taxes | $3,103 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi Family |
Year Built | 1950 |
Lot Size | 0.24 AC / 10,497 SF |
County | Lake County |
Location
Building Information for 6237-6262 Hohman Avenue
Stories2Residences7Year Built1950Building Size-Lot Size0.24 AC / 10,497 SF
Payment Calculator
$4,624 per month
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Property Information for 6237-6262 Hohman Avenue
Property History for 6237-6262 Hohman Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 6237-6262 Hohman Avenue
This home is within School City Of Hammond.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Kenwood Elementary School PublicPK to 5 | ||
Henry W Eggers Elem/Md School Public6 to 8 | ||
Hammond High School Public9 to 12 | ||
Area Career Center Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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