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$650,000
Est. payment /mo
7 Beds
3,049 Sqft Lot
UPDATED:
08/17/2024 08:46 AM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12001927
Bedrooms 7
Year Built 1912
Annual Tax Amount $4,524
Tax Year 2022
Lot Size 3,049 Sqft
Lot Dimensions 3,437
Property Description
Don't miss out on this incredible investment opportunity in the thriving Woodlawn community! This solid 3-unit brick building with a garden unit offers fantastic potential for the savvy investor or homeowner looking to generate rental income. Unit 1 features 2 bedrooms and 1 bathroom, while Unit 2 offers 2 bedrooms with 2 bathrooms, and Unit 3 boasts 3 bedrooms with 1 bathrooms, providing a variety of living arrangements to suit different needs. With a little creativity and vision, the basement has the potential to be transformed into a garden unit, adding even more value to this property. Whether you're looking to live in one unit and rent out the others or maximize rental income, this building offers a range of possibilities. While the building may need some renovations, the location is unbeatable. Situated within walking distance of the CTA, President Barack Obama Library, Museum of Science & Industry, the historic Jackson Park, this property is surrounded by a wealth of amenities and attractions. Additionally, the proximity to the beautiful trails along Chicago's Lakefront provides endless opportunities for outdoor recreation and leisure. Don't wait to explore the potential of this property - schedule your appointment today and bring your creative ideas to life in the heart of the vibrant Woodlawn community!
Location
State IL
County Cook
Rooms
Basement Full
Interior
Heating Radiator(s)
Fireplace N
Exterior
Garage Detached
Garage Spaces 2.0
Waterfront false
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Stephon Walker-Purnell • Compass