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Listed by Mitir Patelof Essex 312, LLC
$1,475,000
Est. payment /mo
4,963 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 4,963 sqft
Price per Sqft $297
MLS Listing ID 12603425
Year Built 1960
Annual Tax Amount $10,849
Tax Year 2024
Lot Dimensions 50 X 125
Property Sub-Type Multi Family 5+
Property Description
A 7-unit brick, walk-up building in Chicago's thriving Little Village neighborhood within Marshall Square. This property boasts a diverse unit mix of three (3) one-bedroom / one-bath apartments, one (1) two-bedroom / one-bath apartment, one (1) two-bedroom / two-bath apartment, one (1) three-bedroom / two-bath apartment, and one (1) three-bedroom / three-bath apartment. This one-of-a-kind property has undergone a complete gut rehabilitation with no expense spared, featuring condo-quality finishes throughout. The apartment improvements include designer kitchens with white shaker-style cabinetry, quartz countertops, and stainless steel appliances, fully updated bathrooms with modern vanities and tile work, and new flooring. Every unit features in-unit stackable Whirlpool washer/dryer units, individual Ruud furnaces, and Rheem tankless water heaters for ultimate efficiency and tenant convenience. Additional building upgrades included a new 400 AMP electrical service with individual metering for each unit plus common areas. The property also offers five (5) surface parking spaces in the rear that provide additional income. Premium amenities include in-unit laundry and modern mechanical systems. This turnkey opportunity in Little Village offers a fully renovated, income-generating asset with significant growth potential.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
Roof Type Composition
Building
Structure Type Brick
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Michael Scanlon
Team leader | License ID: 475.188240
Team leader License ID: 475.188240