Photo 1 of 18
$179,555
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
6 |
0.00 |
0 |
$1,693 |
1912 |
On the market:
4 days
|
View full details, 15 photos, school info, and price history
Incredible investment opportunity in prime North Lawndale! This 2-unit building with an additional garden unit offers excellent potential for seasoned investors. While the property is currently tenant-occupied, the tenants are open to vacating, and the property can be delivered vacant at closing-making it ideal for a full renovation or redevelopment project. Being sold strictly AS-IS, the building does require significant updates but presents strong upside with an estimated after-repair value (ARV) of approximately $450,000. Each unit features its own hot water tank, and forced heat. The property contains an exterior back porch overlooking yard space and a two car garage that can be used for additional income due to the properties location. Located in a rapidly developing area surrounded by new construction and revitalization, this property is perfect for experienced investors looking to capitalize on growth. Seller prefers cash offers with a quick close.
Listing courtesy of Melanie Miller, Keller Williams ONEChicago