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$ 249,900
Est. payment | /mo
$ 249,900
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12584727
Year Built 1963
Annual Tax Amount $25,555
Tax Year 2023
Lot Dimensions 27 x 125
Property Sub-Type Multi Family 5+
Property Description
Rare opportunity to acquire a solid brick flexicore 9-unit building in the Ivanhoe area of Riverdale. Long-term ownership creates an exceptional value-add opportunity for investors seeking strong rental growth potential. The building features eight 2-bedroom units and one studio, with individual heat for each unit, offering efficiency and tenant convenience. Current rents present tremendous cash flow upside for the savvy investor. Competitively priced-compare with recent sales in the area. This property may also be purchased together with MLS #12584499 and MLS #12583554, creating an outstanding opportunity to expand and scale your investment portfolio. Serious inquiries only. Pre-approval or proof of funds required prior to scheduling an appointment.
Location
State IL
County Cook
Area Riverdale
Zoning MULTI
Interior
Fireplace N
Exterior
Roof Type Membrane
Building
Dwelling Type Multi Family 5+
Structure Type Brick
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Listed by James Mattz of Keller Williams Preferred Rlty