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Listed by Nicole Wheatlyof EXIT Strategy Realty
$ 525,000
Est. payment | /mo
$ 525,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12469671
Year Built 1927
Annual Tax Amount $4,226
Tax Year 2023
Lot Dimensions 8700
Property Sub-Type Multi Family 5+
Property Description
This beautifully maintained 6-unit building in the heart of Greater Grand Crossing offers the perfect chance to live in one unit and let your tenants pay the mortgage. With (3) 2 bed / 1 bath and (3) 1 bed / 1 bath units plus a garden apartment, this property provides flexibility and value for today's savvy buyer. Move into the spacious third-floor owner's unit and enjoy the pride of ownership while collecting reliable rental income. Whether you're seeking an investment that grows with you or a place to call home while building wealth, this property delivers endless opportunity in a strong Chicago neighborhood. Long-term tenants - several have been in place for nearly 20 years. Brand new roof (2024). Porch rebuilt (2022). Gas boiler & water heater in excellent condition. 3-car brick garage, secure wrought-iron fence, and laundry area. Excellent location near I-94, the Red Line, and CTA bus routes - making commutes downtown a breeze.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished
Interior
Fireplace N
Exterior
View Y/N true
Others
Virtual Tour https://www.zillow.com/view-imx/4d74131b-fb2f-4ce6-8c4c-78bb38d02e90?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
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2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States