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$385,000
Est. payment /mo
6 Beds
2 Baths
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12752794
Bedrooms 6
Year Built 2006
Annual Tax Amount $6,044
Tax Year 2025
Lot Size 3,049 Sqft
Lot Dimensions 25x125
Property Sub-Type Two to Four Units
Property Description
Built in 2006, Income Producing & Room to Grow! This tenant-occupied 2-unit offers an opportunity to acquire a multifamily property with existing rental income and potential for future income growth. Each unit features 3 bedrooms, 1 full bath, separate living and dining rooms, kitchen, and wood flooring. Tenants pay their own utilities, helping reduce owner-paid operating expenses. Current rents may offer an opportunity for future increases based on prevailing market rents and subject to existing lease terms and applicable regulations. The gated rear yard includes a parking pad for convenient off-street parking. The property offers access to public transportation, neighborhood shopping and services, parks and recreation, major thoroughfares, the Illinois Medical District, and Downtown Chicago. With two 3-bedroom units, tenant-paid utilities, existing rental income, off-street parking, and 2006 construction, this property offers several features for consideration by a future owner. Tenant occupied; property is being sold subject to existing leases and tenant rights.
Location
State IL
County Cook
Area Chi - North Lawndale
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas, Forced Air, Sep Heating Systems - 2+
Fireplace N
Exterior
Community Features Curbs, Gated, Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding,Brick, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Tamika Marks of Trademarks & Associates
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