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Listed by Rashauna Scottof Keller Williams ONEChicago
$ 499,000
Est. payment | /mo
6 Beds
$ 499,000
Est. payment | /mo
6 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12453325
Bedrooms 6
Year Built 1924
Annual Tax Amount $2,210
Tax Year 2023
Lot Dimensions 3813
Property Sub-Type Two to Four Units
Property Description
Rarely available! Nestled on a quiet block in the Washington Heights neighborhood, this lovely 4-unit brick building presents a remarkable opportunity for a savvy investor or homeowner! This income producing property features three 2-bedroom units, and one spacious 1-bedroom unit. One of the units has been recently renovated and the other units have long term, stable tenants in place! 3 out of 4 renters are on month-to-month leases, offering flexibility for the new owner. Each apartment reflects a layout that invites in tons of natural light and offers a comfortable living space. The brick exterior has been recently tuck pointed which is perfect for low maintenance and long-term durability. This property has been very well maintained and has many recent repairs that make this a sound investment. Upgrades/repairs include a new roof, newer boiler, new gutter system, re-supported back porch, and the list goes on! This building runs efficiently and can stand as a low-upkeep asset in your portfolio! Washington Heights is an established community public with schools, public transportation, grocery stores, various shopping amenities, and just minutes from the I-57 expressway. Not many opportunities become available to own a well-maintained 4 unit in the Chicago real estate market.
Location
State IL
County Cook
Rooms
Basement Unfinished, Full
Interior
Heating Radiator(s)
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States