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$498,000
Est. payment /mo
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12479158
Bedrooms 6
Year Built 1904
Annual Tax Amount $6,289
Tax Year 2023
Lot Dimensions Chicago Lot
Property Sub-Type Two to Four Units
Property Description
Excellent opportunity to own a spacious, income-generating 2-unit property with additional finished attic and basement units, all currently rented. Each level - including the attic and basement - offers 3 bedrooms and 1 bathroom, providing generous living space and strong rental demand. This property currently enjoys steady income from long-term tenants, with all rents below market value, leaving ample room for rent increases after updates or lease turnovers. With some light improvements and modern upgrades, the property's full potential could be realized, significantly increasing its overall return. Perfect for investors seeking immediate cash flow or owner-occupants looking to live in one unit while tenants cover expenses.
Location
State IL
County Cook
Area Chi - Hermosa
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Aluminum Siding, No
Sewer Septic-Mechanical
Water Lake Michigan
Structure Type Aluminum Siding
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jaime Madrid of RE/MAX 10
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