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$ 759,000
Est. payment | /mo
9 Beds
0.25 Acres Lot
$ 759,000
Est. payment | /mo
9 Beds
0.25 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12218384
Bedrooms 9
Year Built 1888
Annual Tax Amount $10,851
Tax Year 2022
Lot Size 10,890 Sqft
Lot Dimensions 33X80
Property Description
Rarely available 3-unit investment opportunity located within walking distance of University of Illinois. The property is serviced by the UIC intra-campus shuttle and is very walkable. All units are currently occupied with long term tenants at below market rent for the area with zero vacancy. These units will stay rented for years to come as the value continues to appreciate. The property features 3 condo quality units with 3 bed 2 baths in fantastic condition with central air/heat, newer windows, master suite with en suite bathroom, walk-in closet, new porch system, and in-unit washer and dryer. All units including the exterior have been updated in the past 5 years. This is the perfect investment for 1031 or buyer looking at properties with a favorable cap rate. Preapproval and POF are required for showing.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Partial
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Deck
View Y/N true
Roof Type Rubber
Building
Foundation Stone
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 Brian Waters • Mentor Listing Realty Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "