$650,000

Estimated payment $3,927/month

Total Views 12,812
8 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Great investment opportunity in this well-maintained legal 2-unit building with a finished basement, fully rented for immediate cash flow. The first and second floors each feature 3 bedrooms and 1 bathroom, while the basement offers 2 bedrooms and 1 bathroom, each equipped with its own furnace and hot water tank, ensuring convenience and comfort for tenants. Tenants pay their own gas and electricity, with the owner only responsible for water. Recent updates include furnaces and hot water tanks (4 years old), roof (9 years old), and tuckpointing (6 years ago). Conveniently located near I-55, shopping, Midway Airport, downtown Chicago, expressways, and more. Don't miss out on this incredible investment opportunity-schedule a viewing today!

Listing Agent

Luz Gutierrez Garcia

RE/MAX LOYALTY License #475181854 Listed on: 03/12/2025

RE/MAX LOYALTY

Co-Listing Agent

Guadalupe Gutierrez

RE/MAX LOYALTY License #475198504

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,041

Year Built

  • Built in 1898

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x125

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $1,400
  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,041

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Central Air Conditioner
  • MRD_AppliancesAndFeatures: Central Air Conditioner

Exterior Features

  • List Price: 650000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Lake Michigan, Public

Fee Information

  • Water Sewer Expenses: 1400

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 57600
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4041
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 For Sale $650,000 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12310873

Midwest Real Estate Data (MRED)