Photo 1 of 1
$395,000
Sold on 5/27/22
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
5 |
0.00 |
0 |
$3,281.95 |
1885 |
On the market:
70 days
|
View full details, 15 photos, school info, and price history
Located in the heart of rapidly gentrifying East Garfield Park, this extremely well-located and handsome Greystone/brown brick Victorian; featuring two large units (1st Floor is a 2/2 and the 2nd floor is a 3/2), was remodeled and upgraded in 2019 and now offers the astute investor a fully leased, in-place cap rate of 7% with very little required cap-x or management headaches going forward. Alternatively, this property is an excellent candidate for a live-in owner to reside in one unit and have income from the other help cover monthly occupancy costs. The scope of work included: New GFA/ACs, upgraded plumbing, electric and central support beam, posts and footings in the full, unfinished basement, fresh paint, new designer vinyl floors in unit 1 and refinished original HWFs in unit 2, stylish kitchens & baths and in-unit laundry. Need sustenance? Pete's Fresh Market is a 5-minute drive. Need to get to the Loop? The CTA's #126 Jackson bus is at the corner. Need to get out of Dodge? The Eisenhower Expressway is a 1-minute drive!
Listing courtesy of Scott Siegel, SRFG, Inc