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Listed by Christopher Pezzaof Corcoran Urban Real Estate
$550,000
Est. payment /mo
7 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12339502
Style Bi-Level
Bedrooms 7
Year Built 1952
Annual Tax Amount $12,009
Tax Year 2023
Lot Dimensions 63x100
Property Sub-Type Two to Four Units
Property Description
This well-maintained 3 unit building has been carefully cared for by the same owner for roughly 30 years. The all-brick building sits on an oversized corner lot and offers two large patios, a two-car garage, and a generous side yard. Spacious units with excellent layouts are move-in ready or offer great potential for updates and increased rental value. The top floor features a two-bedroom plus bonus room, the middle level offers a sprawling three-bedroom with hardwood floors, plus the garden two-bedroom. The property also includes a large, shared laundry room, two storage rooms, and flexible floorplan opportunities. This is an excellent investment or owner-occupant opportunity. Area rents reach as high as $2,600 for updated three-bedrooms and $2,100 for two-bedrooms. With nearby single-family homes priced higher, this property offers strong value and long-term potential.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Elmwood Elementary School
Middle Schools Elm Middle School
High Schools Elmwood Park High School
School District 401, 401, 401
Others
Ownership Fee Simple
Special Listing Condition None
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