REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 415,000
Est. payment | /mo
13 Beds
5 Baths
$ 415,000
Est. payment | /mo
13 Beds
5 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12135454
Bedrooms 13
Year Built 1908
Annual Tax Amount $2,082
Tax Year 2022
Lot Dimensions 25 X 125
Property Description
Exceptional Turnkey Investment Property Opportunity This spacious, rare property offers three well-maintained units, ideally located on a quiet block directly across from a STEM school. Completely renovated in 2022, the property generates an impressive $48,000 in annual revenue. Notable updates include a new roof and three new water heaters, as well as three furnaces (ranging from 2020 to 2022) and three new central air units. The back porch was also replaced in 2022. Two of the units are generously sized, each featuring five bedrooms and two bathrooms, while the third is a garden unit with three bedrooms and one bathroom. The property showcases hardwood floors, fresh modern paint, updated kitchens and bathrooms, and high ceilings throughout. The first and second-floor units are currently occupied by long-term tenants on month-to-month leases, while the garden unit is vacant. All tenants are reliable, consistently pay rent on time, and are open to continuing their leases or relocating if necessary. This property presents a profitable investment with quick potential for return. It is being sold AS IS with no known violations. The garden unit can be shown initially, and the remaining two units will be available for viewing once the property is under contract. Please do not disturb tenants.
Location
State IL
County Cook
Area Chi - Englewood
Rooms
Basement Full
Interior
Heating Forced Air
Fireplace N
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Marcus Toussaint • Kale Realty
GET MORE INFORMATION
Sarah Leonard
Broker | Owner