1448 S Hamlin AVE, Chicago, IL 60623
1448 S Hamlin AVE, Chicago, IL 60623
1448 S Hamlin AVE, Chicago, IL 60623
1448 S Hamlin AVE, Chicago, IL 60623
1448 S Hamlin AVE, Chicago, IL 60623
1448 S Hamlin AVE, Chicago, IL 60623
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$ 849,500
Est. payment | /mo

4,356 Sqft Lot


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$ 849,500
Est. payment | /mo
Save

4,356 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12744974

Year Built 1908

Annual Tax Amount $5,265

Tax Year 2024

Lot Size 4,356 Sqft

Lot Dimensions 35X125

Property Sub-Type Multi Family 5+

Property Description

Pride of ownership! Immaculately constructed and fully rebuilt in 2017, this stunning 6-unit multi-family Greystone offers exceptional modern living and investment potential. Two of the six units are spacious duplexes located on the first floor of a deep lot, and all units are finished to a condo-grade standard. Extensive renovations completed in 2017 include a new roof, energy-efficient windows, professional tuckpointing, updated concrete work, new HVAC systems, plumbing, electrical, and beautiful hardwood flooring throughout. Each unit features custom-designed kitchens and bathrooms, a wood-framed back deck with durable steel screen doors, and soundproofing between floors for enhanced privacy. The lower levels boast elegant ceramic tile flooring, and every unit has its own utilities conveniently located on the same floor. All units are currently rented, offering immediate income for investors. This property boasts an extraordinary High cap rate-an exceptional return that is rarely seen in today's market. There is significant upside potential as current rents are well below market value, with at least $200 per unit of additional rental income easily achievable. For more information or to schedule a viewing, please call today.

Location

State IL

County Cook

Area Chi - North Lawndale

Zoning MULTI

Rooms

Basement Finished

Interior

Cooling Central Air

Fireplace N

Exterior

Roof Type Rubber

Building

Dwelling Type Multi Family 5+

Structure Type Concrete,Limestone

Midwest Real Estate Data (MRED) IDX
Listed by John Szurzynski of  Executive Home Realty, Inc. 

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1448 S Hamlin AVE