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$225,000
Est. payment /mo
6 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12334067
Bedrooms 6
Year Built 1895
Tax Year 2023
Property Sub-Type Two to Four Units
Property Description
This legal 2-flat is situated on an extra-wide lot and offers strong potential for value-add investors or owner-occupants. The building features 3 electrical meters, 2 gas meters, and an unfinished basement ready for future expansion or storage. Unit 1 is tenant-occupied, and offers 3 bedrooms and 1 bath, while Unit 2 is vacant, also with 3 bedrooms and 1 bath - a great setup to live in one unit and rent out the other. The property is being sold AS-IS, cash or renovation convention-style loans are preferred. Seller will not make any repairs and will not LIKELY pass FHA inspection or conventional loan. The building is tenant-occupied and will be sold with UNIT 1 OCCUPIED. Tenant pays month to month. Don't miss your chance to add sweat equity in a solid brick building with long-term income potential! Final & Best are due on Thursday, April 17, 2025 at 12:00PM.
Location
State IL
County Cook
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Building
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
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Benyamin Lalez • Compass
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Greg Cirone
Managing Broker | License ID: 471003959
Managing Broker License ID: 471003959