233 235 N. Mason Avenue · 5 PROPERTY NAME: 233-235 N. Mason Avenue STREET ADDRESS: 233-235 N. Mason Avenue CITY, STATE, ZIP: Chicago, IL 60647 LOT SIZE: 7488 SF OR 0.1719 ACRES OR

233-235 N. Mason Avenue

Chicago, IL 60644

Presented by:

Victor M. Lopez Broker Associate | Realtor Cell: 630-660-1292 http://myplaceinchicago.com/ http://victorlopez.bairdwarner.com/ http://www.youtube.com/user/vmlprop1/ http://forestparkrealestate.webs.com/ Baird & Warner 724 Ogden Avenue Downers Grove, IL 60515 630-964-1855 Office

A PROPOSAL FOR COMMERCIAL PROPERTY SALES SERVICES

A PROPOSAL FOR COMMERCIAL SERVICES

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233– 235 N. Mason Avenue j

PROPERTY INFORMATION

EXECUTIVE SUMMARY

PROPERTY DESCRIPTION

PROPERTY DETAILS

COMPLETE HIGHLIGHTS

ADDITIONAL PHOTOS

A PROPOSAL FOR COMMERCIAL SERVICES

Baird & Warner 724 Ogden Avenue, Downers Grove, IL 60515 O:630-964-1855 F: 630-964-8619

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SALE PRICE: $900,490

BUILDING SIZE: 13,000 sf

YEAR BUILT: 1924

ROOF REPLACED: 2000

WINDOWS REPLACED: 2000

PLUMBING UPDATED: 2000

ELECTRICAL UPDATED: 2005

BUILDING HOT WATER TANKS REPLACED: 2012

233-235 N. Mason Avenue 1 | PROPERTY INFORMATION

Executive Summary

PROPERTY OVERVIEW: SOUTH AUSTIN NEIGHBORHOOD 13 UNIT COMMERCIAL MULTIFAMILY BUILDING WITH 3 BASEMENTS FOR SALE! 3½ STORY BRICK AND FRAME BUILDING! GREAT SOLID INVESTMENT BUILDING.

Property Features: 13 APARTMENT UNITS CONSISTING OF 9 RENTED- 2 BEDROOM / 1

BATHROOM APARTMENTS AND 4 RENTED- 3 BEDROOM / 1 BATH-ROOM APARTMENTS!

LANDLORD PAYS COOKING GAS, HEAT, HOT WATER, WATER AND BUILDING COMMON ELECTRIC!

TENANT PAYS ELECTRIC! ALL UNITS HAVE RADIATOR HEAT! ALL HARDWOOD AND TILE FLOORS, STANDARD KITCHENS WITH

STOVE AND REFRIGERATORS BUILDING LOCATED NEAR AUSTIN BLVD. CTA GREEN LINE TRAIN

STATION! ALL UNITS HAVE 2 EXITS, BASEMENTS HAVE POTENTIAL FOR 2

BEDROOM RENTAL BUILD OUT TALL CEILINGS! GATED PROPERTY! SECURITY CAMERAS! MANY

SECTION 8 TENANTS! STREET PARKING ONLY!

Baird & Warner 724 Ogden Avenue, Downers Grove, IL 60515 O:630-964-1855 F: 630-964-8619

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LOCATION OVERVIEW: Located in the South Austin Neighborhood near the CTA Green Train Line. This 3 1/2 Story, 13 Unit Apartment Building. Close to Shopping and Restaurants on Lake Street and Minutes from 290 Eisenhower Expressway. Located 20 minutes West of downtown Chicago. Just East of Oak Park.

SOUTH AUSTIN NEIGHBORHOOD: South Austin is the area’s largest neighborhood. It is bordered by Division Street to the north, Austin Boulevard to the west, Roosevelt Road to the south and Cicero Avenue to the east. During the Austin area’s transition from a predominantly white community to a predominantly African-American community, the South Austin neighborhood was the first neighborhood to be-come African-American majority. The neighborhood is charac-terized by its numerous historic buildings. The neighborhood is home to six landmarks on the National Register of Historic Plac-es; Austin Historic District, Austin Town Hall Park Historic Dis-trict, Columbus Park, First Congregational Church of Austin, Jo-seph J. Walser House and the Seth Warner House. Austin Town Hall Park, modeled after Philadelphia's Independence Hall, is also in this neighborhood. It is also home to an additional seven Chicago Landmarks not listed on the National Register of Histor-ic Places; Beeson House and Coach House, Hitchcock House, Laramie State Bank Building, Schlect House, F. R. Schock House, Marie Schock House and the Third Unitarian Church. The United States Postal Service operates the Reverend Milton R. Brunson Station Post Office at 324 South Laramie Ave-nue.South Austin has five Chicago "L" stops; Austin, Central, Laramie, and Cicero on the Green Line, and Cicero on the Blue Line.

233-235 N. Mason Avenue 1 | PROPERTY INFORMATION

PROPERTY DESCRIPTION

Baird & Warner 724 Ogden Avenue, Downers Grove, IL 60515 O:630-964-1855 F: 630-964-8619

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PROPERTY NAME: 233-235 N. Mason Avenue

STREET ADDRESS: 233-235 N. Mason Avenue

CITY, STATE, ZIP: Chicago, IL 60647

LOT SIZE: 7488 SF OR 0.1719 ACRES OR 50' X 148'

PARKING SPACES: NONE, STREET PARKING ONLY

TAXES (2015): $13.030

CAP RATE: 12.6%

Year Built: 1924

Number of Stories: 3 1/2

PROPERTY DETAILS

233-235 N. Mason Avenue 1 | PROPERTY INFORMATION

Baird & Warner 724 Ogden Avenue, Downers Grove, IL 60515 O:630-964-1855 F: 630-964-8619

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PROPERTY HIGHLIGHTS

SOUTH AUSTIN NEIGHBORHOOD

DENSE POPULATION

CTA TRAIN AND BUS CONVENIENCE

MANY SECTION 8 TENANTS

BUILDING UPDATES

LARGE APARTMENT SIZE, TALL CEILINGS

BASEMENT STORAGE

CLOSE TO LAKE STREET AND AUSTIN BLVD

CLOSE TO OAK PARK

233-235 N. Mason Avenue 1 | PROPERTY INFORMATION

COMPLETE HIGHLIGHTS

Baird & Warner 724 Ogden Avenue, Downers Grove, IL 60515 O:630-964-1855 F: 630-964-8619

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ADDITIONAL PHOTOS

233-235 N. Mason Avenue 1 | PROPERTY INFORMATION

Baird & Warner 724 Ogden Avenue, Downers Grove, IL 60515 O:630-964-1855 F: 630-964-8619

8

ADDITIONAL PHOTOS

233-235 N. Mason Avenue 1 | PROPERTY INFORMATION

Baird & Warner 724 Ogden Avenue, Downers Grove, IL 60515 O:630-964-1855 F: 630-964-8619

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ADDITIONAL PHOTOS

233-235 N. Mason Avenue 1 | PROPERTY INFORMATION

Baird & Warner 724 Ogden Avenue, Downers Grove, IL 60515 O:630-964-1855 F: 630-964-8619