Sold for $465,000 on 11/19/24
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
12 |
— |
1920 |
— |
0 |
$2,475 |
325 days |
Previous buyer's financing fell through, creating a unique opportunity for you to step in and make this investment your own. Motivated Seller Alert! Walk into instant equity as property has appraised well above list price! This stunning blonde brick three-flat is a must-see for investors and owner-occupants alike. Each unit boasts four spacious bedrooms and a beautifully renovated bathroom, with hardwood floors and high ceilings throughout. With rents starting at $2,100 per unit, this property offers great income potential. The building has been completely rehabbed with City of Chicago-approved plans and permits, including a new roof, porch, siding and tuckpointing. The kitchens feature quartz countertops and stainless-steel appliances, while the bathrooms have been updated. Tenants will love the convenience of paying their own utilities, and the unfinished basement presents a great opportunity for additional storage or a potential fourth unit. With new mechanicals including a hot water tank, water supply lines, electrical panel, and heating system, this property is move-in ready and waiting for its new owner. Don't miss out on the chance to own this turnkey investment property - schedule your showing today! Come check out this income-producing beauty today!
Listing courtesy of Coldwell Banker Realty
11020 S Vernon Ave. is a multi-unit home built in 1920, and is located in Chicago, IL, in the Roseland neighborhood. It has 12 bedrooms and — bathrooms, and has annual property taxes of $2,475.
Marco Amidei
(888) 32-Marco (847) 630-4886
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