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Key Details
Sold Price $145,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12101504
Sold Date 11/14/24
Bedrooms 4
Year Built 1894
Annual Tax Amount $5,797
Tax Year 2022
Lot Dimensions 3437
Property Description
Two great properties for the price of One! Perfect for DSCR loan, Investor someone who really wants to make additional residual income. This unique property offers a lucrative investment opportunity with its two-unit building, each featuring two-bedroom apartments currently occupied on a month-to-month basis. Great hardwood floors. Although these units require some TLC, they have the potential to achieve much higher rental income. The basement is ripe for development, with the possibility of adding coin-operated laundry machines to generate additional revenue. Additionally, the full brick house (-behind the 2 unit-on the property is a standalone full house with an upstairs and basement with two bedrooms, one bathroom, guaranteed substantial rental income. This property, with your care and attention, can transform into a real gem. Conveniently located near transportation, restaurants, and other amenities, this as-is opportunity is not to be missed. Don't sleep on this.
Location
State IL
County Cook
Rooms
Basement Full
Interior
Heating Steam
Fireplace N
Exterior
Waterfront false
View Y/N true
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 132, 132, 132
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.
Bought with Netonia Burrell • HomeSmart Realty Group
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Greg Cirone
Managing Broker | License ID: 471003959
Managing Broker License ID: 471003959