Photo 1 of 1
$475,000
Sold on 10/13/20
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
11 |
0.00 |
0 |
$2,516.27 |
1913 |
On the market:
127 days
|
View full details, 15 photos, school info, and price history
RARELY available HUGE completely rehabbed 4 unit building on DOUBLE lot in Hot North Lawndale neighborhood located on an exceptional street (A truly amazing block, Many long term owners, Alderman, Lawndale Christian Academy members etc) just steps from the rapidly revitalizing Ogden Corridor. This large building features 3 large 3 bedroom units and 1 large 2 bedroom unit all with tall ceilings, Completely rehabbed, kitchens, (granite counters) baths, mechanicals (individualized, copper plumbing, central heat, luxury "life proof" flooring, structural beams, fence,enclosed porch, tuck-pointing, gated rear parking pad, landscaped etc. A great opportunity to live in one unit and pay your mortgage with nice profit or rent all 4 and collect a HUGE monthly passive income. 75% occupied with long term strong market tenants. TURNKEY with 11%+ CAP when proforma! Minutes away from the Eisenhower (I 290) Expressway, Downtown Chicago, Public Transportation, Retail, Restaurants, Douglas Park & Boulevard. Buildings VERY rarely become available on this street, this deal wont last long!
Listing courtesy of Cecilia Frakes-Mayberry, @properties Christie's International Real Estate