1242 S Lawndale Ave., Chicago, IL 60623

Fully occupied! 3 legal Units (all 2-bed/1-bath). Tons of updates completed! Individual furnaces! New tear-off roof (2022), Newer appliances in all the units, updated plumbing, updated electrical, updated bathrooms (2022), new water heater (2022), new rear doors and transoms, tuckpointing and parapet wall redone, new extra large concrete parking pad for 2 cars in the rear with custom secured gate, outgoing sewer line changed (2022), Newer furnaces throughout, new coin washer and dryer in the basement, porches were done in 2016. No violations. No deferred maintenance! In-place cap rate of 10%+ and a proforma cap rate at 11%+! Current gross rents are $4,062 per month. Reactivated due to the previous buyer being unable to obtain financing.