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$ 315,000
Est. payment | /mo
5,736 SqFt
$ 315,000
Est. payment | /mo
5,736 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 5,736 sqft
Price per Sqft $54
MLS Listing ID 12357164
Year Built 1917
Annual Tax Amount $3,388
Tax Year 2023
Lot Size 6,098 Sqft
Lot Dimensions 50X125
Property Sub-Type Multi Family 5+
Property Description
Maximize your ROI with this exceptional middle-income rental development opportunity! This solid Chicago brick building, complete with balconies, is strategically located in a transit-connected hub, blocks from Metra, Jackson Park, and the Obama Library site, and just a stone's throw from the lakefront. Though in need of a full rehab, the payoff is immense. Currently set up as six 2 Bed/1 Bath units, the exceptionally high basement provides valuable space for potential expansion and increased revenue. This isn't just any building; it's a solid masonry structure with a steel center beam, built to last, a tank of a building. Plus, enjoy the added convenience of a brick 5-car garage on the alley.
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Interior
Cooling None
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 3
Structure Type Brick
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Listed by Derek Walvoord • Exit Strategy Realty / EMA Management
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "