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$688,000
Est. payment /mo
6 Beds
UPDATED:
08/18/2024 05:07 AM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12005398
Bedrooms 6
Year Built 1875
Annual Tax Amount $12,067
Tax Year 2022
Lot Dimensions 7020
Property Description
Four blocks from the United Center. Get in before the developement begins. This Oversized lot (35 x 200), zoned R-5 encompasses a unique 2 units vintage Property that was demo & renovated in 2014. in 2014 all new Electric, Plumbing, Heating and Cooling Systems, Windows, Floors, Doors, & Shingle Roof was added. Both units has over 1850 sq ft of living space with the second unit duplexed up to an unfinished attic space that can be used for storage or additional living space. The First floor unit enjoys the use of a duplexed open unfinished basement with high ceilings & a roughed in space to add another bath ready for your refinishing ideas. Enjoy the convenience of a maintenance deferred property with a beautifully landscapped front yard with wrought iron fence. Bed rooms are all very spacious and will accommodate king sized bedding sets. Spacious kitchens on both floors with 42" Mahogany and Maple cabinets. Granite Kitchen counter tops and cermanic titled floors on both floors. Living areas are very generous. 1st floor unit hard wood flooring was also added in 2014. This unique property is conveniently located within a very walkable neighborhood and good public transportation. Close distance to Malcolm X College, Rush Univ Med Center, United Center, Stroger Hospital, Pete's Fresh Market, Chase Bank, Illinois Medical District, I-290 Expressway for easy access to Downtown Chicago or the Western , South & North Suburbs. Property is currently tenant occupied both with a MTM lease. Rents are: $2,049 for first floor and $1800 for second floor. total monthly rents of $3,849.00 could be higher. Long term tenants, rents have not been increased for the area. Add this oversized very desireable 2 flat to your investment portfolio for a positive income or Live in one unit and enjoy the comfort rents could afford your clients for an enjoyable Single Family style living. Large back yard leads to an open 3 car parking pad. Newer Townhomes on block selling over 1MM. Walk to Elementary school in next block. Walking distance to the United Center, Minutes to Downtown Chicago. Bring your pre approved buyers and make your offer today. This area is targeted for a 7B redevelopment project which will substantially increase the property value surrounding. Get in while you can. Don't hesitate. Make your offer today. Developers, Investors, Owner Occupants. Build your wealth today.
Location
State IL
County Cook
Community Park, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Full, Walkout
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Exterior Feature Deck, Porch, Storms/Screens, Cable Access, Breezeway
Waterfront false
View Y/N true
Roof Type Asphalt
Building
Lot Description Fenced Yard
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Dett Elementary School
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Gloria Spencer-McGee • Baker-Spencer Realty, LLC