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Serene Realty, Inc

info@serenerealtyinc.com +1(312) 650-7940

Listed by Tina Jagshiof Keller Williams Infinity

Est. payment | -/mo

6 Beds

3,049 Sqft Lot

Save

Est. payment | -/mo

Save

6 Beds

3,049 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12643641

Bedrooms 6

Year Built 1905

Annual Tax Amount $2,587

Tax Year 2018

Lot Size 3,049 Sqft

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

Excellent opportunity to add a strong income-producing 2-unit property to your investment portfolio. Conveniently located near a major shopping center, schools, CTA bus routes, Chicago State University, and the fire department. With a projected cap rate exceeding 16%, this property offers impressive potential returns. The garden-level unit features 2 bedrooms and 1 bath, with recent improvements including updated plumbing, fresh paint, new flooring, and updated bathroom fixtures. The upper duplex unit offers 4 bedrooms and 1.5 baths and has been upgraded with newer plumbing, electrical, flooring, windows, and fixtures. Both units are well maintained and in very good condition. The lower unit is currently tenant-occupied, while the upper duplex is vacant and ready for a new tenant or owner-occupant.

Location

State IL

County Cook

Zoning MULTI

Rooms

Basement Finished, Exterior Entry, Egress Window, Full, Walk-Out Access

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls

Fireplace N

Exterior

Garage Spaces 1.0

View Y/N true

Roof Type Asphalt

Building

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Frame

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States

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9209 S Woodlawn Avenue Chicago, IL 60619