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Laura Renaldo

laura@lookwithlaura.com +1(773) 513-9326

$ 489,000

Est. payment | -/mo

9 Beds

7 Baths

Save

$ 489,000

Est. payment | -/mo

Save

9 Beds

7 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12740698

Bedrooms 9

Year Built 1926

Annual Tax Amount $7,226

Tax Year 2024

Lot Dimensions 35X125

Property Sub-Type Two to Four Units

Property Description

TURNKEY + VALUE-ADD opportunity in South Shore! This LEGAL 4-UNIT offers a rare combination of immediate rental potential and room to create additional income. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals and are VACANT and ready to lease at current market rents-allowing the next owner to select their own tenants and build their rent roll from day one. The legal 4th garden unit is a 1-bedroom, 1-bath and offers the opportunity to complete the remaining improvements and unlock even more rental income. Even better, the three completed units are positioned to support the property's overhead while the final unit is completed. A 3-car garage and the opportunity for additional income through garage parking and coin laundry in basement common area. An excellent opportunity for an investor or owner-occupant looking for a renovated multi-unit with multiple income streams and additional upside. Sold as-is

Location

State IL

County Cook

Area Chi - South Chicago

Zoning MULTI

Rooms

Basement Unfinished, Exterior Entry, Full, Walk-Out Access

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+

Fireplace N

Exterior

Garage Spaces 3.0

Community Features Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

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 None

Listed by Danica Matos of Smart Home Realty

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 513-9326

laura@lookwithlaura.com

1420 N Wood, Chicago, Illinois 60622, United States

8010 S Phillips AVE Chicago, IL 60617