Bought with Israel Rivera of Illinois Real Estate Partners Inc
$355,000
$349,900
1.5%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
SOLD DATE : 09/05/2025
Key Details
Sold Price $355,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12422364
Sold Date 09/05/25
Bedrooms 5
Year Built 1959
Annual Tax Amount $14,448
Tax Year 2023
Lot Dimensions 50X125
Property Sub-Type Two to Four Units
Property Description
Prime investment or owner occupant opportunity in the thriving Bellwood neighborhood! Well-maintained, multi-unit building (3-Units) already a reliable income-generating property with tenant in place who is eager to remain. The building offers excellent cash flow potential, making it an attractive option for savvy investors looking to secure a stable, long-term asset. Recent updates sidewalk and walkway, well maintained private back porch/deck, updated windows on the 1st floor, and rehabbed unit on the 1st floor. Also, there is a detached 3-car garage that may offer convenient and secure parking. This property offers strong rental income potential and the ability to increase rents as the area continues to appreciate. The Bellwood neighborhood is experiencing rapid growth and revitalization, thanks to ongoing development projects and investments that are enhancing the area's appeal. Arrange your appointment today!
Location
State IL
County Cook
Rooms
Basement Partially Finished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 3.0
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 88, 88, 209
Others
Ownership Fee Simple
Special Listing Condition None
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2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States