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Listed by Fei Martinof Berkshire Hathaway HomeServices Chicago
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Est. payment | /mo
8 Beds
3,920 Sqft Lot
-
Est. payment | /mo
8 Beds
3,920 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12682695
Bedrooms 8
Year Built 1913
Annual Tax Amount $13,348
Tax Year 2024
Lot Size 3,920 Sqft
Lot Dimensions 30X135
Property Sub-Type Two to Four Units
Property Description
Turnkey, condo-quality 4-unit investment property! This extensively gut-rehabbed building features high-end finishes throughout and offers an excellent unit mix consisting of one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit. All units are currently leased, providing immediate cash flow with a strong cap rate. Each apartment includes in-unit washer and dryer, separate HVAC systems, and individual water heaters, helping reduce owner expenses and simplify maintenance. The property has been renovated with modern kitchens, updated bathrooms, newer mechanicals, and quality finishes throughout. Conveniently located near schools, parks, shopping, dining, public transportation, and major expressways, this property offers strong tenant appeal and excellent accessibility. The desirable location supports stable occupancy and long-term rental demand. A rare opportunity to acquire a fully stabilized, turnkey asset with strong in-place income and minimal capital expenditure needs. Perfect for investors seeking immediate cash flow and long-term appreciation potential.
Location
State IL
County Cook
Community Gated, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Unfinished, Partial
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Roof Type Asphalt
Building
Lot Description Corner Lot
Foundation Brick/Mortar, Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 201, 201, 201
Others
Ownership Fee Simple
Special Listing Condition None
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