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Listed by Stephen Fisherof Westward360 RM
$1,499,500
Est. payment /mo
8 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12478684
Style Victorian
Bedrooms 8
Year Built 1898
Annual Tax Amount $13,648
Tax Year 2023
Lot Dimensions 30X152.5
Property Sub-Type Two to Four Units
Property Description
Discover this very well-maintained four-unit building perfectly located in the heart of Ravenswood. This property sits on an extra-wide lot and offers a desirable mix of units - the top floor features a spacious one-bed/one-bath, the raised first and second floors each have two-bed/one-bath layouts, and the garden level boasts a large one-bed/one-bath unit. All units feature gas stoves and dishwashers, with shared laundry conveniently located on-site. The building also includes a three-car brick garage and a fenced backyard, providing added value for tenants and owners alike. Currently fully occupied, this turn-key investment generates solid income with immediate upside potential - rents have not been raised to market rates, leaving room to increase cash flow. Just steps from grocery stores, train stops, gyms, restaurants, and more, this is a rare opportunity to own a profitable, well-kept property in one of Chicago's most sought-after neighborhoods.
Location
State IL
County Cook
Community Curbs, Gated, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air, Sep Heating Systems - 2+
Fireplace N
Exterior
Garage Spaces 3.0
View Y/N true
Roof Type Asphalt
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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