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Listed by Gary Alverangaof Real People Realty
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Est. payment /mo
9 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12494282
Bedrooms 9
Year Built 1924
Annual Tax Amount $1,482
Tax Year 2023
Lot Dimensions 3267
Property Sub-Type Two to Four Units
Property Description
Fantastic Opportunity for Homeowners & Investors Alike! This solid brick legal two-unit building has a potential additional 3-bedroom basement unit with two bedrooms. At this price you can get exceptional value and incredible income potential. Looking to live in one unit and rent the others? Perfect!! Looking to Add a strong performer to your investment portfolio, this property checks all the boxes. The building needs light repairs and a clean-up to get up and running. It is a perfect candidate for a 203K renovation loan. With multiple rental units, the cash-flow upside is outstanding once improvements are complete. The property is being sold AS-IS and the seller will not provide a survey. Pre-approval or POF is required with all offers. A rare chance to build equity, generate strong rental income, and maximize long-term returns-don't miss this!
Location
State IL
County Cook
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition Exceptions-Call List Office
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Michael Scanlon
Team leader | License ID: 475.188240
Team leader License ID: 475.188240




