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Key Details
Sold Price $376,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12322727
Sold Date 05/30/25
Style Brownstone
Bedrooms 6
Year Built 1923
Annual Tax Amount $2,473
Tax Year 2023
Lot Size 3,484 Sqft
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Start making money on day #1! Welcome to a prime opportunity in historic South Shore with this beautifully rehabbed 2-unit building with driveway and 1-car garage. Completely transformed in 2021, the quality of the rehab and attention to detail truly set this property apart. Upgrades include new windows, upgraded plumbing, electrical, HVAC, cabinetry, refinished hardwood floors, tuck-pointing, privacy fence, iron gate, and more. Ideal for investors or owner-occupants, this turnkey property is cash-positive and poised for value growth. Each unit offers a smart, functional layout: the first unit features 3 spacious bedrooms plus a den/walk-in closet (with the third bedroom currently opened up as a formal dining room), a formal living room, and 1 bathroom. The second unit includes 3 large bedrooms, a den/walk-in closet, formal living room, and 1 bathroom. Individual utilities for each unit provide added convenience and lower overhead for landlords. Located in a highly convenient area near multiple public transit options, Lake Shore Drive, shopping centers, beaches, and outdoor recreation. The Obama Presidential Library under construction nearby promises to further enhance property values for years to come. Priced at 9.4 GRM rate at list price!
Location
State IL
County Cook
Community Park, Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Other
Garage Spaces 1.0
View Y/N true
Roof Type Asphalt
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.
Bought with Suzette Penn • Fathom Realty IL
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Greg Cirone
Managing Broker | License ID: 471003959
Managing Broker License ID: 471003959