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$300,000
Est. payment /mo
5 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12459922
Style A-Frame
Bedrooms 5
Year Built 1888
Annual Tax Amount $3,772
Tax Year 2023
Lot Dimensions 6096
Property Sub-Type Two to Four Units
Property Description
Excellent Investment Opportunity! This solid 3-unit building, situated on a rare double lot, offers strong rental potential and long-term value. The property features two spacious 2-bedroom units and a 1-bedroom rear unit on the first floor, plus a partially finished basement with additional living space. Currently fully occupied with long-term tenants, the building provides immediate rental income, with all utilities paid by tenants (except the basement, combined with the first-floor unit). The property also includes a gated parking lot with an iron sliding door, accommodating 4-5 vehicles. With updates, this building can easily be brought back to maximum rental potential-an ideal opportunity for investors seeking strong upside in a desirable location.
Location
State IL
County Cook
Area Chi - South Lawndale
Zoning MULTI
Rooms
Basement Finished, Partially Finished, Full
Interior
Heating Natural Gas
Equipment Ceiling Fan(s)
Fireplace N
Exterior
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Septic Tank
Water Lake Michigan, Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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Listed by Adam Rodriguez • Re/Max Premier