About The Property

CASH FLOW OPPORTUNITY - TURNKEY 2-UNIT IN Chatham This 6-bedroom, 4-bath two-unit building is a true income-producing asset with immediate returns. Perfect for investors looking for strong cash flow with upside. Both units offer spacious layouts with solid rental demand. Current rents are already performing: Upper Unit: $1,500/month (with $500 discount for tenant-provided upkeep/yard work - room to increase) Lower Unit: $2,000/month That's $3,500/month in current gross income, with the potential for higher rents and increased gross income once adjusted to market rates. The property also features a large basement, offering additional storage or future value-add potential. Tenant-occupied and operating - a seamless addition to any portfolio.Read MoreRead Less
Courtesy of Keller Williams ONEChicago [email protected]
Listing Snapshot
Days Online
21
Last Updated
Property Type
Two To Four Units
Beds
6
Year Built
1923
MLS Number
12634610
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Additional Details

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Basement
"Unfinished", "Full"
Building
Construction Materials: "Brick", Built in 1923, Rebuilt: No
Garage
2 spaces
Heating
"Natural Gas"
Lot
Dimensions: 25X125
Parking
Parking Total: 2, "Detached", "Garage"
Sewer
"Public Sewer"
Utilities
Water Source: "Public"
Taxes
Annual Taxes: $4,009, Year: 2023
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30 Days Snapshot Of 60619
$231k
+11%
(avg) sold price
26
-31%
homes sold
46
+2%
(avg) days on market
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Monthly Payment
$0

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