Bought with Linda Rooney of Berkshire Hathaway HomeServices Chicago
$650,000
$619,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
SOLD DATE : 10/01/2025
Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12427182
Sold Date 10/01/25
Style Other
Bedrooms 4
Year Built 1924
Annual Tax Amount $13,963
Tax Year 2023
Lot Dimensions 54X52
Property Sub-Type Two to Four Units
Property Description
4 Unit Investment Property! Professionally managed and maintained classic center entrance brick 4-flat in Oak Park Arts District a short walk to the CTA Blue Line, restaurants, and shops! The building has history of consistent cash flows with the ability to increase rents in current condition and further growth opportunity with kitchen remodels. The property consists of four 1 bedroom units with large living and dining rooms and enclosed back porches. Back yard beautifully landscaped w/bamboo garden. Unfinished basement with front and back entrances makes duplexing a unit down or renovating for an office space/art studio other options for value-add and increased revenue. One off alley parking space currently leased to resident. Perfect for newer investors or experiences housing providers!
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished, Exterior Entry, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Roof Type Flat
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 97, 97, 200
Others
Ownership Fee Simple
Special Listing Condition None
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2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States