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Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11814796
Sold Date 08/10/23
Bedrooms 4
Year Built 1923
Annual Tax Amount $5,874
Tax Year 2021
Lot Dimensions 30 X 100
Property Sub-Type Two to Four Units
Property Description
Great Investment Opportunity! Cash Cow now available! 2 Unit (2 flat) Apartment Building with tons of windows on corner lot (new windows 2019). Property sits up HIGH (owner has never had flooding issues) and comes with fully finished basement also with many windows (finished basement has private rear entrance). Generate rent of $1200-$1300 per unit OR live in one for FREE while you rent the other! Fully finished basement can be occupied by family or relative. Newer windows throughout and some updates in the last few months. Coin and App operated common laundry for building is owned by owner and is another income generator. 1st and 2nd floor pay only electric. Gas utility is covered in rents. Building has a one car garage, an open carport in rear of building for a second car AND bonus - tons of always available street parking due to being on the corner! Spacious backyard for gatherings. Very walkable - walk to shops, restaurants, and park district in great, quiet neighborhood. Conveniently located only a few minutes from the I-55 Stevenson expressway ramp - close enough to the expressway WITHOUT the noise! Solid brick building waiting for the novice OR seasoned investor OR owner occupier! Building fully vacant and ready for immediate showings. Apartment buildings for sale are RARE. Don't miss out on this opportunity. It will not last! Offer Submission Schedule: -Monday, 6/26 by noon - submission of highest and best terms offer -Tuesday, 6/27 - Seller will review all offers and accept best one
Location
State IL
County Cook
Community Park, Pool, Curbs, Sidewalks, Street Lights, Street Paved
Rooms
Basement English
Interior
Heating Radiator(s)
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 1.0
View Y/N true
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
High Schools Argo Community High School
School District 104, 104, 217
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Gregorio Cirone • xr realty
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Greg Cirone
Managing Broker | License ID: 471003959
Managing Broker License ID: 471003959