Chicago, IL 60619,7352 S Langley AVE
Chicago, IL 60619,7352 S Langley AVE
Chicago, IL 60619,7352 S Langley AVE
Chicago, IL 60619,7352 S Langley AVE
Chicago, IL 60619,7352 S Langley AVE
Chicago, IL 60619,7352 S Langley AVE
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$ 405,000
Est. payment | /mo

4,800 SqFt


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$ 405,000
Est. payment | /mo
Save

4,800 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $84

MLS Listing ID 12215679

Year Built 1925

Annual Tax Amount $3,375

Tax Year 2023

Lot Size 5,227 Sqft

Lot Dimensions 43 X 125

Property Description

Opportunity to own a Beautiful 6-unit brick property, ideally situated just minutes from the beach, Tiger Woods golf course, and the Obama Center! This fully occupied gem boasts impressive rental income and an exceptional cap rate around 15%! Making this a prime choice for savvy investors. Each of the 1-bedroom units features hardwood floors and individually controlled furnaces, ensuring low operating expenses and maximizing your returns. The front 2 units are LARGE and could possibly be converted to a two bed. The property's basement offers a ton of additional space and potential for upgrades and extra income, providing even more value and opportunity. Don't miss your chance to invest in this prime Chicago real estate.

Location

State IL

County Cook

Area Chi - Greater Grand Crossing

Zoning MULTI

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Thomas Sweeney • Baird & Warner

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Sarah Leonard

Broker | Owner

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7352 S Langley AVE