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Listed by John Hockbergerof @properties Christie's International Real Estate
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Est. payment /mo
11 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12774981
Bedrooms 11
Year Built 1928
Annual Tax Amount $13,667
Tax Year 2025
Lot Dimensions 30x125
Property Sub-Type Two to Four Units
Property Description
RARE ALBANY PARK FOUR-FLAT - AN EXCEPTIONAL OWNER-OCCUPANT OR INVESTMENT OPPORTUNITY! Opportunities like this don't come along every day! Situated on a tree-lined residential street in desirable Albany Park, this well-maintained, impressive 5,000+ square-foot four-flat offers an outstanding combination of current rental income, spacious apartments and long-term value-add potential. Ideal for an owner-occupant...... THIS PROPERTY FEATURES three 7-room, 3-bedroom/1-bath apartments with sun porch and formal dining rooms and a 4-room, 2-bedroom/1-bath English garden apartment. All four are legal, original units offering a solid foundation for an investment strategy. Each apartment features large rooms, hardwood floors and nicely updated kitchens and baths. Kitchens have microwave hoods and dishwashers.... ADDITIONAL AMENITIES *Rear exterior decks & backyard area. *Utility sink in kitchen pantry of 1 unit allows easy W/D hook up. Sinks can be easily added in all other units for in unit W/D. *Steam boiler with energy saving sensors & setback controls and a single water heater serve entire building *Two-car garage *Coin-operated laundry *Additional basement storage units.... INVESTMENT BENEFITS: With rents already in place and all tenants on month-to-month leases, investors have the opportunity to evaluate future rental potential while maintaining flexibility for their plans. Whether you're an experienced investor seeking a substantial multi-unit asset or a first-time multifamily buyer ready to live in one apartment while collecting rent from the others, this is an opportunity to put your investment dollars to work..... ENJOY THE BEST OF ALBANY PARK! Known for its welcoming residential character, remarkable cultural diversity, and vibrant local businesses, Albany Park offers an appealing neighborhood lifestyle. Nearby River Park features a swimming pool, interactive water playground, tennis courts, sports fields, and riverfront recreation. Ronan Park and other neighborhood green spaces provide additional opportunities to enjoy the outdoors. The area's celebrated international dining scene, local bakeries, grocery stores and neighborhood shops add everyday convenience and character. CTA Brown Line station is 4.5 blocks away, multiple bus routes and easy freeway access provide convenient connections throughout Chicago. ... A rare combination of size, income potential and neighborhood appeal-make this Albany Park four-flat the next investment in your future!
Location
State IL
County Cook
Community Park, Curbs, Sidewalks, Street Lights, Street Paved
Rooms
Basement None
Interior
Heating Steam
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
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 List Broker Must Accompany
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Joanna Lewkowicz
Designated Managing Broker | Owner 471.018027471018027
+1(708) 963-0011 | joanna@boutiquehomerealty.com