$389,000

Estimated payment $2,160/month

Total Views 4,355
-- Bed
-- Bath
3,040 Sq Ft
$128 Price per Sq Ft

About This Home

Great investment opportunity in a rapidly growing area! This well-maintained 6-unit building offers significant upside potential with all units rented below market rate. Tenants are month-to-month, and each pays their own utilities, reducing overhead costs. The owner has kept up with maintenance, including a new roof installed in 2018. With a little work, this property can be transformed for higher rents, making it perfect for investors or homebuyers looking to capitalize on a thriving neighborhood. The 60609 area is on the rise, offering strong potential for long-term appreciation. Don't miss out on this chance to secure a property with tons of potential!

Listing Agent

Yomaira Roman Herrera

RE/MAX LOYALTY License #475168099 Listed on: 07/31/2025

RE/MAX LOYALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,061

Year Built

  • Built in 1898

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 25x124

Home Design

  • Block Foundation
  • Composition Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,040 Sq Ft Home
  • 2-Story Property
  • Exterior Basement Entry

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $2,400
  • Insurance Expense $1,900
  • Water Sewer Expense $3,600
  • Gross Income $48,000
  • Net Operating Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,061

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance,Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1898
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Exterior Entry
  • Possible Use: Multi-Family
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 0
  • Number of Washers: 0
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Concrete, Block, Wood, Vinyl Siding, Frame
  • Foundation Details: Block, Concrete Perimeter
  • Frontage Type: City Street, Public Road, Paved
  • List Price: 389000
  • Roof: Composition
  • Roof Structure: Gable,Wood Joists
  • Misc Outside: Fire Escape

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Heat/Ventilation: Wall Unit
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 3600
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.71
  • Lot Dimensions: 25x124
  • Lot Size Sq Ft: 3075
  • Zoning: MULTI
  • Land Amenities: Lighting/Exterior,Sidewalks

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 8
  • Tenancy Type: Month To Month

Building Info

  • BuildingAreaTotal: 3040

Multi Family

  • Net Operating Income: 39000
  • Insurance Expense: 1900
  • ElectricExpense: 2400
  • GrossIncome: 48000
  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Corridor-Exterior Entrance,Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 1060.72
  • Tax Year: 2023

Map

Range of Values:

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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
07/31/2025 07/31/25 For Sale $389,000 -- $128 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12434946

Midwest Real Estate Data (MRED)

APN: 20064150360000