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Key Details
Sold Price $825,000
Property Type Multi 2-4 Units
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11663107
Sold Date 01/27/23
Style Other
Bedrooms 8
Year Built 1899
Annual Tax Amount $2,315
Tax Year 2020
Lot Dimensions 50X71.7
Property Sub-Type Two to Four Units
Property Description
Newly renovated, fully occupied and cash flowing 4 unit brick building on a 50 ft corner lot. The units feature modern European style cabinets with quartz countertops and a full stainless Package. Every unit has restored hardwood floor, brand new modern baths, and in-unit washer dryers. Tenants pay all electric and gas utilities. Location in "West Pilsen" which is a designated QEV Zone (Investors pay no capital gains tax if they hold for 7+ years). Monthly rent at $6,285, significantly under todays market rents. Can sell with Property Management in place. Also easy to self manage. Very low maintenance investment property. Will not last long! Preapproved for Portfolio Loan with Federal Savings Bank, 15% down for Investors, 3 year arm at 5.95%.
Location
State IL
County Cook
Area Chi - South Lawndale
Zoning MULTI
Rooms
Basement None
Interior
Heating None
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Jake Fugman • eXp Realty, LLC