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Listed by Joseph Woodburyof Baird & Warner
$1,500,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12511517
Year Built 1926
Annual Tax Amount $11,139
Tax Year 2023
Lot Dimensions 50x209
Property Sub-Type Multi Family 5+
Property Description
This extraordinary rental investment opportunity features six 2-bedroom, 1-bath units, two 1-bedroom, 1-bath units, and a SEPARATE, FREE STANDING 2-BEDROOM, 1.1 BATH SINGLE FAMILY HOME with full basement and two-car garage on the same property PIN number. This classic red brick building is located in the desirable Montclare neighborhood, just blocks from Metra, shopping, restaurants, and nightlife. The buildings have been well-maintained and operated as a family business for many years and fulluy occupied. Most rents have not been increased in years and are below market, offering improved CAP and GRM potential. Two apartments are on a month-to-month basis. This investment property is being discreetly marketed with respect for tenant privacy being a very high priority. Showing appointments will be scheduled with advance notice only and limited to advance verification of funds or pre-approved financing.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished
Interior
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com