Photo 1 of 40
$300,000
Sold on 4/23/25
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
7 |
0.00 |
0 |
$2,963.77 |
1926 |
On the market:
20201 days
|
View full details, 15 photos, school info, and price history
Absolutely massive legal 4-unit building boasting over 6,000 sq ft of rentable space! Nestled on a well-maintained block, just steps from the exciting redevelopment along Ogden Ave, this property offers remarkable potential. The building includes (3) 2-bedroom/1-bath units and (1) 1-bedroom/1-bath garden unit, along with an attached 1-car garage. The garden unit and one of the 2-bedroom units are vacant, while the remaining two units are currently rented below market to long-term tenants on a month-to-month basis for $975 and $1,100, respectively. Featuring exceptionally spacious layouts with formal living rooms, separate dining rooms, and huge bedrooms; the units provide a unique opportunity to be reconfigured to add additional bedrooms and baths, further increasing the rental income and after-repair value (ARV). Key updates include: roof approx. 10 years old, boiler approx.12 years old, water heater 6 years old, and most windows replaced. Don't miss this prime investment opportunity to maximize returns in a rapidly developing area! Sold As-Is!
Listing courtesy of Ashley Dirks, Fathom Realty IL LLC