REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$410,000
Est. payment /mo
4,800 SqFt
UPDATED:
10/28/2024 05:25 AM
Key Details
Property Type Multi 5 Units, Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $85
MLS Listing ID 12194598
Year Built 1925
Annual Tax Amount $3,375
Tax Year 2023
Lot Size 5,227 Sqft
Lot Dimensions 43 X 125
Property Description
Don't miss this Opportunity to own a Beautiful 6-unit brick property, ideally situated just minutes from the beach, Tiger Woods golf course, and the Obama Center! This fully occupied gem boasts impressive rental income and an exceptional cap rate around 13%! Making this a prime choice for savvy investors. Each of the 1-bedroom units features hardwood floors and individually controlled furnaces, ensuring low operating expenses and maximizing your returns. The front 2 units are LARGE and could possibly be converted to a two bed. The property's basement offers a ton of additional space and potential for upgrades and extra income generation, providing even more value and opportunity. Don't miss your chance to invest in this prime Chicago real estate Call and schedule your viewing today before this investment opportunity is gone!
Location
State IL
County Cook
Area Chi - Greater Grand Crossing
Zoning MULTI
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 2
Structure Type Brick
Read Less Info
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Thomas Sweeney • Baird & Warner