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Listed by Dave Shalabiof RE/MAX 10
$ 275,000
Est. payment | /mo
5 Beds
$ 275,000
Est. payment | /mo
5 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12571574
Bedrooms 5
Year Built 1925
Annual Tax Amount $5,680
Tax Year 2024
Lot Dimensions 99X201
Property Sub-Type Two to Four Units
Property Description
Excellent investment opportunity featuring two 2 multi-unit residential buildings offered as a package sale, along with a vacant lot. Both properties are priced to reflect condition and present strong value-add potential for an investor seeking long-term rental income. The buildings offer solid upside through interior improvements and rental increases. Key improvements include newer roofs, a regularly serviced boiler, and select windows replaced within the past five years. Property taxes are notably low, helping support favorable operating expenses. A vacant lot located nearby is included in the sale, providing additional possibilities for parking, expansion, or future use.
Location
State IL
County Cook
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Vinyl Siding
New Construction false
Schools
School District 152.5, 152.5, 205
Others
Ownership Fee Simple
Special Listing Condition None
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