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$ 389,000
Est. payment | /mo
9 Beds
4 Baths
$ 389,000
Est. payment | /mo
9 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12307784
Bedrooms 9
Year Built 1899
Annual Tax Amount $1,583
Tax Year 2022
Lot Dimensions 30X125
Property Sub-Type Two to Four Units
Property Description
This beautifully remodeled 3-flat offers a rare opportunity for both investors and owner-occupants. Enjoy a nearly unheard of 15 cap-rate with this "cash cow". The spacious second-floor owner's unit features five bedrooms, two bathrooms, and soaring ceilings with fans, creating an open and airy feel. An unfinished attic above presents the potential to create a massive duplex-up, adding even more living space. The home has been updated with modern electrical systems for peace of mind. On the first floor, two income-producing units are already rented, generating steady cash flow. A large 2.5 car garage for parking and storage. Located just blocks from the proposed Quantum Computing Research Park, this property is perfectly positioned for future appreciation. Whether you're looking for a strong investment or a home with rental income, this is an opportunity you won't want to miss!
Location
State IL
County Cook
Area Chi - South Chicago
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Aluminum Siding, No
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Luke Townsend • Luke Townsend