Photo 1 of 1
$342,500
Sold on 2/05/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
10 |
0.00 |
0 |
$4,139.47 |
1913 |
On the market:
340 days
|
View full details, 15 photos, school info, and price history
Property is encumbered by a Regulatory and Land Use Restriction Agreement from the Illinois Housing Development Authority (IHDA), certain covenants of which bind any future ownership to certain duties, responsibilities, and restrictions. Property currently has a 1% loan with approx. 20 years remaining which may be assumable . IHDA approval of sale is required. The subject is an extremely well maintained and managed multifamily building with stable subsidized rents in Chicago's West Garfield Park Neighborhood. The property features two 2 Bed/1 Bath units and two 3 Bed/1 Bath units. The first-floor unit is handicap accessible. Each unit has its own, resident controlled forced air furnace and central AC. Add this building to an existing portfolio by assuming a 1% interest loan from the Illinois Housing Development Authority.
Listing courtesy of Clifton Wilson, Root Realty, Inc.