4425 South Harlem Avenue, a 10-unit mixed-use building located in Stickney, Illinois. The flexicore-constructed property consists of (6) 1-bed/1-bath units and (4) office suites. The offices are occupied by local service-oriented businesses. The apartment units feature individual HVAC systems, water heaters, and rooftop A/C units. One unit has been gut renovated with an in-unit washer and dryer, dishwasher, vinyl plank flooring, granite countertops, white shaker cabinets, stainless steel appliances and a new bathroom. The remaining units contain carpet and tile flooring, laminate countertops, and white kitchen cabinets. Residential tenants are responsible for their own heat and electricity. Recent capital improvements include a new tear-off roof, gutters, soffits, facia, rooftop A/C units, exterior staircases, and fire sprinkler system. Building amenities include a heated two-car garage, management office, master key entry, common area bathrooms, a pylon sign and 14 parking spaces. New ownership can increase cashflow by bringing rents to market, implementing a utility bill billing system (RUBS) for the office tenants and appealing the 2023 zoning back to a mixed-use classification (2022 zoning: 3-18 Mixed-use, 2023 zoning: 5-17 One story commercial).
Based on information submitted to the MLS GRID as of 10/03/2024 03:07 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
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