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$450,000
Est. payment /mo
0.29 Acres Lot
UPDATED:
Key Details
Property Type Multi 5 Units, Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12539855
Year Built 1903
Annual Tax Amount $9,500
Tax Year 2023
Lot Size 0.290 Acres
Lot Dimensions 12,525
Property Sub-Type Multi Family 5+
Property Description
Solid brick 6-unit investment opportunity featuring a desirable unit mix of (3) 3-bedroom units and (3) 2-bedroom units. The property offers strong curb appeal with a classic brick exterior and well-maintained common areas. Rear of the building includes a detached garage with multiple parking spaces, enhancing tenant demand and additional income potential. Units feature functional layouts with generous room sizes and present a value-add opportunity for an investor to increase rents through cosmetic updates and improved management, allowing for strong upside in cash flow. Separately metered utilities support efficient operations and expense control. Conveniently located near public transportation, schools, shopping, and major thoroughfares, making this an attractive option for long-term tenancy. Ideal for investors seeking a stable income property with the ability to drive future rent growth.
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Building
Dwelling Type Multi Family 5+
Structure Type Brick
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Listed by Cesar DeSouza of eXp Realty
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