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Key Details
Sold Price $1,325,000
Property Type Multi 2-4 Units
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11757818
Sold Date 06/02/23
Bedrooms 11
Maintenance Fees $1,500
Year Built 1889
Annual Tax Amount $19,545
Tax Year 2021
Lot Dimensions 24X100
Property Sub-Type Two to Four Units
Property Description
Cash cow alert! This HUGE 3 unit investment property is fully occupied and generates over $10,500/mo (6.5% CAP rate). The property underwent complete interior and exterior renovations in 2019. The subject property consists of an extra wide 3 level building in front and a duplex coach house in the rear. The front building contains a 4 bd/3 ba duplex down on lower floor and a 3bd/2 ba simplex on top floor. The coach house is a stand alone 4 bd/3 ba duplex unit. The apartments feature hardwood floors, quartz countertops, stainless steel appliances, and in-unit laundry. Five-minute walk to the (CTA) Chicago Blue Line L Station and 1 mi to hot Fulton Market = very high rental demand. This is perfect for anyone that appreciates the amazing location and wants a stable/turn key addition to their portfolio. Ask listing agent about 15% down investment financing with preferred lender.
Location
State IL
County Cook
Area Chi - West Town
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Lincoln Elementary School
Middle Schools Lincoln Elementary School
High Schools Lincoln Elementary School
School District 156 , 156, 156
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Michael Scanlon of eXp Realty, LLC
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