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$988,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12672468
Year Built 1892
Annual Tax Amount $12,811
Tax Year 2023
Lot Dimensions 25X116
Property Sub-Type Multi Family 5+
Property Description
Prime 6-Unit Investment Property in the Heart of Armour Square, Near Chinatown. Exceptional opportunity to own a solid, six-unit building ideally located in Armour Square, just minutes from the vibrant Chinatown neighborhood. The front building comprises five units: a spacious first-floor space, two units on the second floor, and two additional units on the third floor. A separate, remodeled coach house at the rear of the property serves as the sixth unit. Two of the units, including the coach house, have been tastefully renovated. The remaining units are occupied by long-term tenants and may benefit from future updates, offering excellent value-add potential. Conveniently situated within walking distance of James Ward Elementary School, and close to Downtown Chicago, major highways, and public transportation. This is a good chance to invest in a high-demand area with strong rental appeal and long-term growth prospects. Don't miss this outstanding investment opportunity and contact us today to schedule a tour!
Location
State IL
County Cook
Area Chi - Armour Square
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Building
Dwelling Type Multi Family 5+
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Listed by Man Ching Ng of Mango Realty Group