$300,000
$300,000
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7 Beds
4 Baths
SOLD DATE : 04/23/2025
Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12267906
Sold Date 04/23/25
Bedrooms 7
Year Built 1926
Annual Tax Amount $2,963
Tax Year 2023
Lot Dimensions 48.6 X 117.4 X 107.2
Property Sub-Type Two to Four Units
Property Description
Absolutely massive legal 4-unit building boasting over 6,000 sq ft of rentable space! Nestled on a well-maintained block, just steps from the exciting redevelopment along Ogden Ave, this property offers remarkable potential. The building includes (3) 2-bedroom/1-bath units and (1) 1-bedroom/1-bath garden unit, along with an attached 1-car garage. The garden unit and one of the 2-bedroom units are vacant, while the remaining two units are currently rented below market to long-term tenants on a month-to-month basis for $975 and $1,100, respectively. Featuring exceptionally spacious layouts with formal living rooms, separate dining rooms, and huge bedrooms; the units provide a unique opportunity to be reconfigured to add additional bedrooms and baths, further increasing the rental income and after-repair value (ARV). Key updates include: roof approx. 10 years old, boiler approx.12 years old, water heater 6 years old, and most windows replaced. Don't miss this prime investment opportunity to maximize returns in a rapidly developing area! Sold As-Is!
Location
State IL
County Cook
Area Chi - North Lawndale
Zoning MULTI
Rooms
Basement Finished, Full, Daylight
Interior
Heating Steam
Fireplace N
Exterior
Garage Spaces 1.0
Community Features Sidewalks, Street Lights, Street Paved
Roof Type Rubber
Building
Lot Description Irregular Lot
Building Description Vinyl Siding,Brick, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Sandy Matariyeh • Baird & Warner
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "