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Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12319081
Year Built 1900
Annual Tax Amount $16,861
Tax Year 2023
Lot Dimensions 40X136
Property Sub-Type Multi Family 5+
Property Description
Generational Opportunity to Purchase a South Andersonville Brick and Stone Multi-Family Residential Property with a Move-In Ready Owner's Three Bedroom 2 Bath Triplex Unit with Four Additional Income Producing Rental Apartments located in the City of Chicago ADU Pilot Program for additional permitted rental unit!!!! Oversized Lot with 2 Car Garage and Additional Carport for easy come and go!!!!! Owner's Unit contains gas forced air/central air, modern open floorplan with breakfast island, dining room, living room and private deck on the main level. The gourmet kitchen includes oversized Thermador stainless steel refrigerator, range and hood appliances!!! There are 2 Bedrooms on upper level with jacuzzi tub and separate shower and on the lower level there is a large family room, additional bedroom, full bathroom and owner's laundry room. Included with the sale are four additional apartments consisting of 2 Two Bedroom One Bathroom and 2 One Bedroom One Bathroom apartments with all current leases set to expire for opportunity to increase rental rates!!! The location for this property is 10 out of 10 with walking distance to the Andersonville Shopping and Nightlife Corridor, Argyle Red Line Train Stops, Aragon and Riviera Entertainment Venues and the Lakefront and Foster Beach!!!! Common areas include an expansive basement with Tenant's Coin Laundry Room and access to mechanicals!!! There is an additional vacant Live/Work space with separate entryway for the Owner...see remarks!!!! A little TLC to the apartments would substantially increase the rent roll for the property benefiting the next owner!!! Operate this property as an Owner Occupied Investment or operate as a full rental asset to obtain substantial income in this very high Tenant demand rental location!!!
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air
Fireplaces Number 1
Fireplace Y
Exterior
Utilities Available Sewer Connected
View Y/N true
Building
Water Municipal Water
Structure Type Brick,Stone
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Nicholas Jakubco • Jakubco Development, Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "