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$ 399,900
Est. payment | /mo
8 Beds
5 Baths
$ 399,900
Est. payment | /mo
8 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 12213380
Bedrooms 8
Year Built 1907
Annual Tax Amount $4,953
Tax Year 2022
Lot Dimensions 25X125
Property Description
Legal 3-unit (8 bed, 3.1 bath) with additional framed out basement for future added value. Great for an investor or a homeowner paying down their mortgage with rental income. Love the charm of East Garfield Park with this captivating, extra-long brick 3-flat nestled on a corner lot. Boasting versatility for both investors and homeowners, this property presents an exceptional opportunity in a burgeoning neighborhood. The second floor, an ideal owner's retreat, spans the entire length of the building, offering 4 beds & 1.5 baths. The first floor is ingeniously divided into two legal units, each featuring 2 beds & 1 bath, with front & side access for added convenience. Unlock the full potential of the expansive basement, already framed and plumbed for a bathroom, providing an additional 1,900 sqft of space. With front and rear exits, envision the possibility of creating a 4th unit or a duplex down for each of the 1st floor units. Adding to the allure, a detached 2-car brick garage ensures hassle-free off-street parking. Recent exterior enhancements include full tuckpointing and restoration of the brickwork, while newer windows installed within the last decade enhance energy efficiency and aesthetic appeal. Though requiring some tender care to restore its original splendor, the architectural beauty of this property shines through. Situated on a serene block with proximity to I-290 and adjacent to an Elementary & High School, it offers seamless access to downtown Chicago, the Medical District, and Rush Hospital. Convenience is key with local amenities including stores, public transportation, restaurants, supermarkets, and parks mere moments away. Zoned RT-4, this property brims with potential to become a lucrative investment. Don't miss out on this golden opportunity to make your mark in East Garfield Park! What will stay with the sale: 2 stoves, 2 fridges, 2 hot water heaters, 1 boiler. No A/C units will be transferred to next owner.
Location
State IL
County Cook
Area Chi - East Garfield Park
Rooms
Basement Full
Interior
Heating Natural Gas, Radiator(s)
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Building
Lot Description Corner Lot
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan, 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 Edward Grochowiak • @properties Christie's International Real Estate
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Sarah Leonard
Broker | Owner