$285,000
$345,000
17.4%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3,920 Sqft Lot
SOLD DATE : 10/23/2024
Key Details
Sold Price $285,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12144757
Sold Date 10/23/24
Style Contemporary
Bedrooms 6
Year Built 1945
Annual Tax Amount $7,806
Tax Year 2023
Lot Size 3,920 Sqft
Lot Dimensions 4340
Property Description
**Investment Opportunity: Multi-Unit Building in Prime Location** Discover a promising investment opportunity in a sought-after neighborhood! This multi-unit building features 3 spacious apartments, each offering its own unique potential. While the building itself presents significant potential, it is important to note that it is in need of a cosmetic renovations. This property is being sold *AS-IS*, providing a blank canvas for the discerning investor or buyer ready to take on a transformative project. Located in a vibrant area known for its strong rental demand, this building is surrounded by local amenities, parks, and public transportation, making it an attractive option for future tenants. The potential for increased value and rental income is substantial once renovations are completed. In addition to the apartments, the property includes a two-car garage situated at the back, adding further convenience and potential for additional rental income. Owner is eager to sell, presenting an excellent opportunity for an investor looking to revitalize this property and tap into the lucrative rental market. Don't miss out on this chance to turn a diamond in the rough into a thriving multi-unit investment! Contact us today to learn more and schedule a viewing.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Patio
Garage Detached
Garage Spaces 2.0
Waterfront false
View Y/N true
Roof Type Flat
Building
Sewer Other
Water Lake Michigan
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 Karla Mina • MPower Residential Brokerage LLC
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Agent | License ID: 475197907