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$590,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 12435373
Maintenance Fees $400
Year Built 1926
Annual Tax Amount $7,333
Tax Year 2023
Lot Dimensions less than .25 acre
Property Sub-Type Multi Family 5+
Property Description
Incredible Investment Opportunity! This well-maintained 9-unit multifamily building featuring separate living and dining areas in each unit, offering excellent rental appeal and consistent monthly revenue. Partially renovated, the property in few updated units, refinished hardwood floors, new kitchen countertops, and fresh paint throughout the common areas. Recent improvements include a new roof (2019), energy-efficient hot water tank, individual furnaces, and energy-saving upgrades throughout the building. The property is fully occupied, making it a true turnkey investment with a solid return. Additional highlights include a 6-car garage, enclosed back porches, potential storage areas for tenants, a property management office, and a large backyard perfect for summer gatherings or future enhancements. Don't miss your chance to own a stable income-producing asset in a strong rental market!
Location
State IL
County Cook
Area Chi - Chatham
Zoning COMMR
Rooms
Basement Unfinished
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Structure Type Brick
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Listed by Carlas Gilbert of Prince Realty Group LLC