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$ 389,500
Est. payment | /mo
9 Beds
$ 389,500
Est. payment | /mo
9 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12422405
Style Brownstone
Bedrooms 9
Year Built 1903
Annual Tax Amount $1,916
Tax Year 2022
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Investors here you go - beautiful 2 flat brownstone plus garden unit in West Garfield Park! This is priced to generate nearly 20% cash on cash returns! The building contains (2) three bedroom/ 1 bathroom units, (1) four bedroom/1 bathroom (10 bedrooms / 3 bathrooms total). Fully occupied generating over $51k/year in rents with upside potential. Building has been occupied by great tenants producing stable cash flows. A 100% gut rehab from top to bottom was completed in 2012 and the building has been professionally maintained since. Garden unit and Unit 1 were refreshed with new flooring, paint and appliances in February, 2025 upon tenant turnover. Each unit benefits from separate utilities with each containing their dedicated water heaters, central HVAC,and utility meters. Both units 1 & 2 offer air conditioning with the capability to add on A/C to the garden unit. Coin operated laundry located in common area laundry room in the garden. Asphalt slab in the rear of the building provides space for parking up to (6) vehicles. Garden unit has a complete drain tile system installed in 2013 which includes full vapor barrier covering the entire brick foundation wall.
Location
State IL
County Cook
Community Sidewalks, Street Lights
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt,Flat
Building
Lot Description Level
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick,Stone
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Tian Xin • Weichert,Realtors-FirstChicago