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$730,000
Est. payment /mo
9 Beds
6 Baths
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi 2-4 Units
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12692973
Bedrooms 9
Year Built 1917
Annual Tax Amount $5,100
Tax Year 2024
Lot Size 4,356 Sqft
Lot Dimensions 4375SQ FT
Property Sub-Type Two to Four Units
Property Description
Fantastic opportunity to own a turnkey three-flat in the elevated Jackson Park neighborhood in South Shore, perfect for an owner-occupant or investor. The building is HUGE on a double-wide lot with each unit being 2100 SF. Fully gut rehabbed in 2014 with all new plumbing, electrical, drywall and refinished floors. Each unit offers three spacious bedrooms and two full baths, along with expansive living and dining areas, a bright sunroom, and a large open kitchen featuring granite and stainless steel appliances each unit includes a "separate A/C, furnaces, hot water heaters, and in-unit W/D" ?. Enclosed walk up, three-car garage, and a sizable backyard. The full unfinished basement presents excellent potential for a 4th unit, with high ceilings, egress/ingress - an outstanding value-add opportunity. Ideally located on one of the nicest streets in Jackson Park, South Shore's beautiful beaches and boat docks, the Museum of Science and Industry, and a variety of shopping and dining options. Convenient access to downtown via bus, train, or Lake Shore Drive. Adding to the area's appeal, a new family entertainment center is scheduled to break ground in Spring 2026. 2 units are currently rented at $1990-2100/unit, reflecting the quality level of finishes and location. Assumablie FHA Loan 2.75% Loan balance $358,109.00 PITI $2,777.00.
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Rooms
Basement Unfinished, Full, Daylight
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 3.0
Community Features Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
Building
Dwelling Type Two to Four Units
Building Description Brick, Yes
Sewer Public Sewer, Storm Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by George Ayling of Select a Fee RE System
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