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$210,000
Est. payment /mo
5 Beds
UPDATED:
11/21/2024 08:04 PM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12067010
Style Contemporary
Bedrooms 5
Year Built 1880
Annual Tax Amount $2,057
Tax Year 2022
Lot Dimensions 25X125
Property Description
Investor Alert! Vacant and well maintained 2-Flat with Strong Cash Flow & Income Potential. Here's why this property is a golden opportunity: Cash cow: Estimated rent level would easily bring CAP 10, offering a strong return on your investment. Spacious living: Second unit boasts a unique duplexed layout, creating a desirable 3-bedroom apartment with ample extra space. Future potential: Unfinished basement provides a blank canvas for your income-generating ideas, like additional storage or rental units (subject to permits). Convenient amenities: Secure off-street parking with cast iron gates and a friendly neighborhood atmosphere. This turnkey investment is perfect for savvy investors seeking immediate income and long-term value. Plus, conventional buyers may qualify for grants with a preferred lender! Don't miss out on this income-generating gem. Contact me today to schedule a showing!
Location
State IL
County Cook
Community Sidewalks, Street Lights, Street Paved
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Waterfront false
View Y/N true
Roof Type Asphalt
Building
Lot Description Fenced Yard
Sewer Public Sewer
Water Lake Michigan, Public
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 Claes Brameus • Coldwell Banker Realty