See all 4 photos
4 photos
Listed by Georgeen Strahan • Royal Cedar Realty LLC
Bought with Mary Mendoza • Compass
Bought with Mary Mendoza • Compass
$419,900
$419,900
Est. payment /mo
8 Beds
UPDATED:
Key Details
Sold Price $419,900
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12368068
Sold Date 06/30/25
Bedrooms 8
Annual Tax Amount $5,504
Tax Year 2023
Lot Dimensions 25X100
Property Sub-Type Two to Four Units
Property Description
This isn't just an investment; it's a GOLDMINE waiting to be unlocked! Get ready to seize an incredible opportunity with this huge, three-unit brick building - it's wont last long! This is the deal you've been searching for, offering instant income potential across all three units. The first floor features a spacious 2-bedroom, 1-bath unit that's currently vacant but brimming with potential; a minimal rehab will have it generating steady rent and provide instant equity and quick returns. The second floor is already a PROVEN MONEY-MAKER; this 3-bedroom, 1-bath unit is currently rented to a reliable tenant, guaranteeing $1,470 per month in cash flow from day one! Finally, the third floor boasts a move-in ready 3-bedroom, 1-bath unit, perfect for an owner-occupant looking to live for free or for generating even more income by renting it out. Plus, management is a breeze since each unit boasts separate utilities and gas forced air, virtually eliminating hassle and simplifying your landlord life.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Partially Finished, Full
Interior
Heating Natural Gas, Electric, Forced Air
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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Greg Cirone
Managing Broker | License ID: 471003959
Managing Broker License ID: 471003959