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$575,000
Est. payment /mo
9 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12605918
Bedrooms 9
Year Built 2008
Annual Tax Amount $6,979
Tax Year 2024
Lot Dimensions 6150
Property Sub-Type Two to Four Units
Property Description
Exceptional investment opportunity! Legal 3-unit building offering strong, stable income potential. Built in 2008, this newer construction all-brick property combines durability, low maintenance, and modern design throughout. Each unit features an open-concept layout with hardwood floors, 3 spacious bedrooms, and 2 full bathrooms, along with in-unit laundry and private entrances-no shared common areas, providing added privacy and strong tenant appeal. The top-floor unit stands out with soaring ceilings and a beautiful open staircase. Two units are currently occupied by long-term tenants, ensuring immediate and consistent cash flow. The third unit was previously rented for $1,850/month, offering excellent income potential. Additional revenue is generated from on-site parking. Ideally located in a highly desirable area with convenient access to downtown Chicago, public transportation, shopping, and dining. Turnkey investment-perfect for both seasoned investors and owner-occupants!
Location
State IL
County Cook
Area Chi - East Garfield Park
Zoning MULTI
Body of Water 3 flat
Rooms
Basement None
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Community Features Sidewalks, Street Lights
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan, Public
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 Anna Krzemien of RE/MAX 10