Sold for $355,000 on 1/24/25
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
6 |
— |
1913 |
— |
2 |
$2,743 |
325 days |
Great Investment Opportunity! Solid Brick 4 Unit Building with 2 car detached brick garage and full, unfinished basement! Two - 2 bedroom units and two - 1 bedroom units - all with large living and dining rooms! Units 2 and 4 are currently rented month to month and Unit 3 is rented to a long term Section 8 tenant. Unit 1 is currently vacant. Unit1 has been recently painted and refreshed and units 2 and 4 were updated in 2020 with refinished hardwood floors, fixtures and interior paint! Water heater and furnace were replaced in 2022! Unit 1 needs updates/repairs. Rents haven't been increased since 2019 and could be substantially increased! SELLER IS SENDING NOTICES TO INCREASE CURRENT RENTS AND RENT THE VACANT UNITS AND NEW MONTHLY RENT IS EXPECTED TO Increase to 4,045. The seller will accept offer contingent on providing updated leases. Being sold As Is.
Listing courtesy of Keller Williams Preferred Rlty
7408 S Emerald Ave. is a multi-unit home built in 1913, and is located in Chicago, IL, in the Englewood neighborhood. It has 6 bedrooms and — bathrooms, a 2-car garage, and has annual property taxes of $2,743.
Marco Amidei
(888) 32-Marco (847) 630-4886
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