Property Attributes
- MLS#12040943
- TypeContingent
- CountyCOOK
- CityChicago
- AreaCHI - West Garfield Park
- NeighborhoodGarfield Park
- Zip60624
- Style
- Year Built1929
- Taxes$ 2152
- Price$ 660,000
- Bedrooms14
- Full Bathrooms7
- Half Bathrooms3
- Sqr Footage6300
- Lot Size0.07 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Introducing an exceptional investment opportunity: this updated legal 4-unit building is a true MONEY MAKER, poised to generate substantial income for savvy investors. With a potential monthly cash flow $7,700 + per month, this property promises excellent returns on investment. 4 bedroom units rent for $2100 a month. Each unit has been beautifully renovated, featuring new kitchens, baths, and refurbished hardwood floors, ensuring maximum appeal to tenants. The convenience of in-unit laundry adds to the allure, enhancing the overall tenant experience and attracting higher-quality renters. Situated in a prime location, this building offers parking in the rear. Whether you're an owner-occupant seeking additional income or want to possibly live rent OR an investor looking to bolster your portfolio, this property presents an unparalleled opportunity to capitalize on Chicago's thriving rental market. Quick access to downtown & Oak Brook mall, 290 expressway and the walking distance to the CTA. One unit shown at 1st appointment; other units made available after offer and 48 hour notice to tenants. ***Listing Agent has interest in the property****
Elementary School | Middle School | High School |
---|---|---|
Hefferan Elementary School | Hefferan Elementary School | Marshall Metropolitan High Schoo |
Price History | |
---|---|
4/27/2024 | Listed $660,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Natural Gas |
Possession | Closing |
Zoning | MULTI |
Year Built | 1929 |
Township | Jefferson |
Tax Year | 2021 |
Percent Ownership | Fee Simple |
County | Cook |
Insurance Expense | 3300 |
New Construction | No |
Property Type | Residential Income |
Contingency | Attorney/Inspection |
Total Rooms | 25 |
Status | Contingent |
Directions | Austin Blvd to 290 East,merge onto 290 East,take exit 24B to Cicero Ave,left Cicero Ave,turn right on West Jackson Blvd to property. |
High School | Marshall Metropolitan High Schoo |
City | Chicago |
High School District | 299 |
MLS Area | CHI - West Garfield Park |
Waterfront Y/N | No |
Street Name | Jackson |
Elementary School | Hefferan Elementary School |
Tax Annual Amount | 2152.43 |
Middle/Junior High School | Hefferan Elementary School |
Water Sewer Expense | 2400 |
Days on Market | 21 |
Standard Status | Active Under Contract |
Middle/Junior School District | 299 |
Elementary School District | 299 |
Property Type | Two to Four Units |
Interior Features
Basement | Full |
---|---|
Street Suffix | Boulevard |
Total Bedrooms | 14 |
Total Baths | 7 |
Bedrooms Possible | 14 |
Basement | Finished |
Full Baths Building | 4 |
Half Baths Building | 3 |
Total Number of Units | 4 |
Exterior Features
Parking Features | Unassigned |
---|---|
Water Source | Lake Michigan |
Total Parking | 2 |
Lot Dimensions | 25X122 |
Lot Size Acres | 0.07 |
Other Equipment | Ceiling Fan(s),Water Heater-Gas |
Exterior | Vinyl Siding,Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool