2657 W Luther St.

2657 W Luther St., Chicago, IL 60608

Sold for $825,000 on 1/27/23


Beds Baths Built Sq.Ft. Garage Taxes On Market
8 1899 2 $2,315 561 days

Newly renovated, fully occupied and cash flowing 4 unit brick building on a 50 ft corner lot. The units feature modern European style cabinets with quartz countertops and a full stainless Package. Every unit has restored hardwood floor, brand new modern baths, and in-unit washer dryers. Tenants pay all electric and gas utilities. Location in "West Pilsen" which is a designated QEV Zone (Investors pay no capital gains tax if they hold for 7+ years). Monthly rent at $6,285, significantly under todays market rents. Can sell with Property Management in place. Also easy to self manage. Very low maintenance investment property. Will not last long! Preapproved for Portfolio Loan with Federal Savings Bank, 15% down for Investors, 3 year arm at 5.95%.

Listing courtesy of Main Street Real Estate Group


Marco Amidei
Marco Amidei
(888) 32-Marco (847) 630-4886
Email  

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2024 Midwest Real Estate Data LLC. All rights reserved.