Sold for $485,000 on 6/17/19
| Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
| 9 |
3 |
1891 |
— |
2 |
$4,755 |
2191 days |
Fantastic legal 2 flat with 1 non-conforming unit collectively generating $3,955 monthly / $47,460 annually!! This is a great opportunity for an owner-occupied buyer looking to offset his/ her mortgage by living in one unit and renting out the other. New ownership has the option of adding some TLC to the units then renting them out at market rate. They also have the option of renting out the garage which will generate extra income. Operating expenses minimized through separate unit utilities. Currently, management has maintained a solid base of tenants and has left room for rental growth. This is an excellent opportunity to acquire an investment in a rapidly changing neighborhood. Seller nor broker represent the legality of the top floor 3BR / 1 BA unit. Currently, the unit is rented for $1,280 and the lease end date is 8/31/2019
Listing courtesy of 33 Realty
3503 W Palmer St. is a multi-unit home built in 1891, and is located in Chicago, IL in the Jefferson subdivision, in the Logan Square neighborhood. It has 9 bedrooms and 3 bathrooms, a 2-car garage, and has annual property taxes of $4,755.
Jefferson
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Subdivision
|
Logan Square
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Neighborhood
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Marco Amidei
(888) 32-Marco (847) 630-4886
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