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Key Details
Sold Price $340,000
Property Type Multi 2-4 Units
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11764414
Sold Date 07/26/23
Bedrooms 9
Annual Tax Amount $1,411
Tax Year 2021
Lot Size 4,356 Sqft
Lot Dimensions 40X125
Property Sub-Type Two to Four Units
Property Description
Welcome to your new investment opportunity! This 4-unit building was completely renovated in 2019, leaving nothing to do but collect rent and watch your income grow. With three 2-bedroom units and one 3-bedroom unit, this property is sure to attract a variety of tenants looking for a spacious and comfortable living space. Three of the units offer 2 bedrooms, 1 bath, living room with a separate dining room, and each unit comes equipped with a stove, refrigerator, and microwave. Currently, two of the 2-bedroom units are rented, generating over $2000 per month in income. The 3rd two bedroom unit and 4th unit, which features 3 bedrooms, are currently vacant, meaning you have two additional units to rent out for additional income or the opportunity to move in one unit and collect rent on the other three units. The property also features two sets of coin-operated washing machines and dryers, as well as 4 storage spaces, giving you additional streams of income. Plus, with tenants responsible for their own heat, gas and electric bills, you won't have to worry about those additional expenses eating into your profits. This property is truly a rare find in today's market, with its location on a quiet block in West Pullman and its already-great income potential. The property is being sold "as is", however with the seller accepting FHA financing, there's never been a better time to invest in your future! Call me for your appointment today!
Location
State IL
County Cook
Area Chi - West Pullman
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Building
Lot Description Fenced Yard
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Monique Rhivers • Coldwell Banker Realty