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$ 434,900
Est. payment | /mo
7,820 SqFt
$ 434,900
Est. payment | /mo
7,820 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 7,820 sqft
Price per Sqft $55
MLS Listing ID 12707978
Year Built 1972
Annual Tax Amount $17,556
Tax Year 2024
Lot Size 8,276 Sqft
Lot Dimensions 73x111
Property Sub-Type Multi Family 5+
Property Description
Unlock the Potential. Build the Income. Create the Value. Calling all investors searching for their next income-producing opportunity! This six-unit brick apartment building offers the ideal foundation for a value-add investment strategy. Featuring four 2-bedroom units and two 1-bedroom units this property presents an opportunity to reposition and stabilize an asset with significant upside potential. Bring your renovation plans and vision to maximize the property's earning potential. With thoughtful updates and improvements, new ownership can work toward increasing rental appeal while creating a stronger long-term income-producing asset. Rear parking adds convenience for residents, enhancing the property's overall functionality and appeal. Conveniently located along a well-traveled corridor in Dolton, the property offers easy access to I-94, I-57, Pace bus service, the Metra Electric District, shopping, dining, parks, and everyday conveniences, making it an attractive location for future residents and supporting long-term rental demand. Opportunities to acquire a six-unit building with this unit mix are not always available. Whether you're looking to expand your portfolio, execute a value-add renovation, or create a stabilized multifamily investment with strong residual income potential, this property is ready for its next chapter. Bring your vision, unlock the possibilities, and transform this asset into a performing investment.
Location
State IL
County Cook
Area Dolton
Zoning MULTI
Rooms
Basement Egress Window
Interior
Cooling Wall Sleeve
Fireplace N
Exterior
Utilities Available Sewer Connected
Building
Dwelling Type Multi Family 5+
Water Municipal Water
Structure Type Brick
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Listed by Tamika Marks of Trademarks & Associates