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$ 615,000
Est. payment | /mo
$ 615,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12327232
Maintenance Fees $1,200
Year Built 1962
Annual Tax Amount $5,091
Tax Year 2023
Lot Dimensions 46X140
Property Sub-Type Multi Family 5+
Property Description
EXCELLENT OPPORTUNITY for a (6) unit income producing MULTI-FAMILY INVESTMENT BUILDING NEAR THE ORANGE LINE train station, Gage Park, soccer field, schools, convenient shopping, CTA, etc. Beautiful property, rarely available!! Well maintained property. Units are spacious & in excellent condition w/many updates in the last 3-4 years. LRs & BRs have hwd floors. Very nice kitchens! Appliances included. Fully occupied. Tenants pay electric & cooking gas. SOLD AS-IS. Rents are low due to long-term tenants, consequently there's an Incredible opportunity for upside in rental income. ESTIMATED POTENTIAL RENTAL MKT VALUE of 1500+ for 2 BR units & 1BR 1200+!! Parking for 6 cars. Roof, y2022. HWT y 2023. Well maintained heating system!! Freshly painted entrance common areas!! Come see!! Don't delay... the high demand for rental apartments & short supply of multi-family properties makes this a true solid investment for you!! Ideal location...nearby ORANGE line to MIDWAY & EXPRESSWAY, schools, etc. ** Preapproved buyers, please**
Location
State IL
County Cook
Area Chi - Gage Park
Zoning MULTI
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 3
Structure Type Brick
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Listed by Rosa Terrazas • Century 21 Circle