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$525,000
Est. payment /mo
6 Beds
4 Baths
2,490 SqFt
UPDATED:
Key Details
Property Type Multi 2-4 Units
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,490 sqft
Price per Sqft $210
Bedrooms 6
Full Baths 4
Year Built 1874
Property Description
This is a rare 4-flat in Bridgeport, Chicago on a quiet cul-de-sac. The property is fully rented with three leases expiring between October and December 2025 while the Unit 2R lease is currently month-to-month to accommodate an owner occupant. The building is generating $4555/mo in gross rental income but there is opportunity to add value and raise the rents further! The seller has made a number of recent improvements including new water heaters for each unit, two new decks outside, washer/dryer set up in the basement for tenants (not coin operated), new gas piping and Comed safety check in basement, new furnace for 1F, new stoves in 1F and 2R. The following was completed in units 1F, 1R, and 2F - repainting, including baseboards and trim. Floors were updated in 1R; 2R they had already been updated. Replaced outdated things like kitchen sinks, faucets, shower heads. New blinds, window screens, smoke detectors. Large backyard, easy street parking (no private parking available). Full unfinished basement and attic. Close to Orange Line stop on Ashland, easy access to I-55, and less than a 10 minute drive from Guaranteed Rate Field. The building is well-maintained and presents a great investment opportunity!
Location
State IL
County Cook
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Listed by Paul De Luca • eXp Realty LLC