Outstanding opportunity to acquire a substantial 34-unit residential building located in the growing South Chicago neighborhood. Featuring an ideal and highly rentable unit mix of 18 spacious one-bedroom units and 16 functional two-bedroom units, this brick asset presents immediate cash-flow potential and long-term upside for savvy investors. Investor's Special! This property utilizes efficient, reliable central radiator heating. Solid vintage construction provides generous floor plans with well-proportioned rooms and excellent natural light throughout. Located close to Metra rail stations, CTA bus routes, Lake Michigan, major arterial roads, and local commercial corridors. Ideal for portfolio expansion, value-add execution, or long-term yield. Property sold strictly in AS-IS condition. Seller will NOT provide surveys or disclosures. Real estate taxes prorated. Bring your tools and unlock instant equity! Subject to prior offer cancellation.
| MLS # | 12725352 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 21 |
| Listing Provided By | Area Wide Realty | Michael Olszewski |
| Story(s) | 3 |
|---|---|
| Units | 34 |
| Acreage | 0.31 |
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 41182 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60619 |
| Area | CHI Chatham |
| Listing VS Median (in 60619) | |
Price: $1,000,000 low | high Med: $169,900 On site: 21 low | high Med: 38 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60619 |
| Area | CHI Chatham |
| Listing VS Median (in 60619) | |
Price: $1,000,000 low | high Med: $169,900 On site: 21 low | high Med: 38 | |