$160,000
$170,000 5.9%
Est. payment /mo
6 Beds
2 Baths
UPDATED:
Key Details
Sold Price $160,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12131471
Sold Date 02/12/25
Bedrooms 6
Year Built 1965
Annual Tax Amount $2,109
Tax Year 2023
Lot Dimensions .092
Property Sub-Type Two to Four Units
Property Description
This 2-unit building is located in the heart of South Chicago, offering a prime location close to shopping, dining, and public transportation. Each spacious unit boasts 3 bedrooms and 1 bathroom, providing ample living space for residents. Long-term tenants currently occupy both units on month-to-month leases, offering stability and immediate cash flow. The building generates a gross rental income of $2000/month, with tenants responsible for their own electric and gas utilities. A detached garage is included, providing additional income potential or storage space. While the garage requires some TLC, the solid brick construction of the building provides a foundation for any renovation plans. Don't miss this chance to own an income property in a thriving neighborhood!
Location
State IL
County Cook
Area Chi - South Chicago
Rooms
Basement None
Interior
Heating Steam
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Timothy Good • Keller Williams Preferred Rlty
Bought with JC Gonzalez • Cloud Gate Realty LLC
Bought with JC Gonzalez • Cloud Gate Realty LLC