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Listed by Latrease Davenportof PIP Realty Group
$314,900
Est. payment /mo
6 Beds
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12764712
Bedrooms 6
Year Built 1927
Annual Tax Amount $4,001
Tax Year 2024
Lot Size 3,484 Sqft
Lot Dimensions 3750 SQFT
Property Sub-Type Two to Four Units
Property Description
Great Investment Opportunity in Grand Crossing! Come see this spacious 2-unit brick 2-flat on a quiet, tree-lined street. Both units feature 3 bedrooms, offering flexibility for investors or owner-occupants. The 2nd-floor unit is currently rented for $1,425/month on a month-to-month lease, providing immediate rental income. The property also offers value-add potential, with a basement that could be transformed into additional usable space and the possibility of duplexing the 1st floor down, subject to applicable approvals. Located just blocks from the Obama Presidential Center and close to Jackson Park, the lakefront, Hyde Park, the University of Chicago, South Shore Cultural Center, and the Museum of Science and Industry. With significant investment and development in the area, this is an opportunity you won't want to miss! Live in one, rent the other, or maximize the income potential. Come see this property before it's gone!
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Radiator(s)
Fireplace N
Exterior
View Y/N true
Roof Type Flat
Building
Foundation Concrete Perimeter
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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Joanna Lewkowicz
Designated Managing Broker | Owner 471.018027471018027
+1(708) 963-0011 | joanna@boutiquehomerealty.com