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Listed by Deborah McGowanof Real People Realty
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Est. payment /mo
4 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12727513
Bedrooms 4
Year Built 1908
Annual Tax Amount $4,226
Tax Year 2023
Lot Dimensions 3129
Property Sub-Type Two to Four Units
Property Description
Excellent investment opportunity in a rapidly growing community! This 2-flat sits on a prime corner lot that includes an adjacent oversized parcel, offering significant potential for future development or expansion. Currently, both units are fully occupied by long-term tenants at below-market rates, with the first-floor unit providing steady income through Section 8. The neighborhood is experiencing a positive transformation, with new construction and homes priced over $300,000 within walking distance. While the property needs some TLC and updates to reach its full potential, it is competitively priced for a quick sale. Whether you are an investor looking to capitalize on an up-and-coming area or a buyer seeking a live-in investment opportunity, this property is a great buy. Sold in AS-IS condition.
Location
State IL
County Cook
Rooms
Basement Partially Finished, Full
Interior
Heating Forced Air
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Aluminum Siding
New Construction false
Schools
School District 205, 205, 205
Others
Ownership Fee Simple
Special Listing Condition None
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Joanna Lewkowicz
Designated Managing Broker | Owner 471.018027471018027
+1(708) 963-0011 | joanna@boutiquehomerealty.com