Presenting a beautifully updated, fully occupied 6-unit building, perfect for both investors and homeowners. The property features five 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, all with living rooms. Each unit has been tastefully renovated, with modern kitchens and baths, updated plumbing, and individual furnaces. Tenants are responsible for their own electricity, heating, and cooking gas, ensuring a strong cash flow and cap rate. The building also offers potential for additional income by installing a coin-operated laundry and an extra livable unit in the spacious basement. The exterior is well-maintained, featuring new windows and a full perimeter fence. While the 3-car detached garage requires some work, it provides excellent on-site parking opportunities. Sold "AS IS." Please refer to the additional documents for the Financial Pro Forma.
MLS# | 12131343 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1926 |
Days On Site | 175 |
Listing Provided By | Coldwell Banker Realty | Jonathan Williams |
Story(s) | 3 |
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Units | 6 |
Zoning | MULTI |
State | IL |
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County | Cook |
City | Chicago |
Zip Code | 60619 |
Area | CHI Chatham |
Listing VS Median (in 60619) | |
Price: $499,000 low | high Med: $185,000 On Site: 175 low | high Med: 53.000000 |