Photo 1 of 1
$449,000
Sold on 8/19/22
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
11 |
0.00 |
0 |
$3,339.29 |
1893 |
On the market:
178 days
|
View full details, 15 photos, school info, and price history
The property consists of two 4-Bedroom, 2-Bath apartments and one 3-Bedroom, 1-Bath apartment. The property was 100% updated in 2021 including brand new electric, plumbing, hot water tanks, roof, porches, and individual furnaces. All of the apartments were also completely redone in 2021 and include a spacious layout with high ceilings. There is a three-car striped parking slab located directly behind the property. The property is currently fully occupied with a rent roll that totals $5,910 per month of which approximately 83% is paid by the Chicago Housing Authority (CHA). This opportunity gives an investor the chance to purchase a turn-key investment and cash flow for years to come. Photos taken before tenants moved in. Can be sold with Greystone 2-flat located at 5314 S. May. (MLS#11307214). Please note that Proof of Funds are required before showing. Please also note that this property likely will not work for a live-in buyer because it is fully occupied.
Listing courtesy of James Williams, Mainstreet Real Estate Service