$525,000
$550,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
5 Baths
SOLD DATE : 08/05/2024
Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12111328
Sold Date 08/05/24
Style Contemporary
Bedrooms 7
Year Built 1891
Annual Tax Amount $6,787
Tax Year 2022
Lot Dimensions 25 X 125
Property Description
Introducing a promising 4-unit building with a variety of living configurations. The property comprises the following: 1F - 1-bedroom unit, 1R - 2-bedroom unit, 2F - 1-bedroom unit, 2R 2-bedroom. Residents benefit from convenient coin-operated laundry facilities located in the basement. There is also 3 additional storage spaces in the basement that tenants can rent out, and space for at least 4 cars to park in the rear of the property. With separate gas and electric utility meters for each unit and low property taxes, this investment offers financial stability and ease of management. All units are currently occupied by carefully screened, reliable tenants, ensuring a consistent income stream for investors. This is an excellent opportunity for investors seeking a solid return on investment. Schedule a viewing today to explore the potential of this property!
Location
State IL
County Cook
Area Chi - South Lawndale
Rooms
Basement Full, Walkout
Interior
Heating Natural Gas, Forced Air, Indv Controls
Fireplace N
Building
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Chi Zhang • Coldwell Banker Realty
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