About The Property

An incredible investor opportunity awaits in Chicago's vibrant New City neighborhood! This multi-unit property, primed for a significant value-add transformation, features a spacious second-floor unit with four bedrooms and one bathroom, alongside a generous first-floor unit offering three bedrooms and one bathroom. A full, unfinished basement provides ample potential for expansion or additional amenity space, allowing for creative vision and maximizing future rental income. Situated in an area with a strong rental market and ongoing community revitalization initiatives, this property is ideally priced for advantageous financing, including DSCR loans. While it requires substantial work, the upside for a savvy investor is immense in this burgeoning location. All offers are welcome and are subject to shortRead MoreRead Less
Courtesy of Elux Real Estate Corporation [email protected];[email protected]
Listing Snapshot
Days Online
4
Last Updated
Property Type
Two To Four Units
Beds
7
Year Built
1903
MLS Number
MRD12417488
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Additional Details

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Basement
"Unfinished", "Full", "Walk-Out Access"
Building
Construction Materials: "Stone", Built in 1903, Rebuilt: No
Heating
"Other"
Lot
Dimensions: 25 X 124
Sewer
"Public Sewer"
Utilities
Water Source: "Public"
Taxes
Annual Taxes: $2,110, Year: 2023
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30 Days Snapshot Of 60609
$425k
+44%
(avg) sold price
10
-47%
homes sold
57
+42%
(avg) days on market
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Monthly Payment
$0

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