About The Property

Turnkey, income-producing investment opportunity in Chicago's desirable Chatham neighborhood! This fully occupied brick 3-flat generates $4,300 per month in rental income, providing immediate cash flow from day one. Tenants pay for gas and electric. The property has maintained the same tenants and rental rates for the last three years. Each spacious unit offers 3 bedrooms and 1 full bath, making this a highly desirable property for tenants and investors alike. Filled with classic Chicago charm, the building features hardwood floors, decorative fireplaces, built-in cabinetry, and timeless architectural details that continue to attract quality renters. The property also includes a 3-car brick garage and a full basement with front and rearRead MoreRead Less
Courtesy of Munrovey Real Estate Inc. [email protected]
Listing Snapshot
Days Online
41
Last Updated
Property Type
Two To Four Units
Beds
9
Lot Size
0.85 Acres
Year Built
1928
MLS Number
12701385
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Additional Details

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Basement
Unfinished, Exterior Entry, Storage Space, Full, Walk-Out Access
Building
Architectural Style: American 4-Sq., Construction Materials: Brick, Built in 1928, Rebuilt: No
Exterior Features
Patio: Porch
Garage
3 spaces
Heating
Steam, Radiator(s)
Lot
Features: Common Grounds, 0.85 acres, Dimensions: 30X125
Parking
Parking Total: 3, Garage Door Opener, Yes, Garage Owned, Detached, Garage
Property
Zoning: MULTI
Roof
Rubber, Flat
Sewer
Public Sewer
Utilities
Water Source: Lake Michigan, Public
Taxes
Annual Taxes: $6,228, Year: 2024
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30 Days Snapshot Of 60619
$188k
-14%
(avg) sold price
26
-3%
homes sold
31
-16%
(avg) days on market
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Monthly Payment
$0

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