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$ 1,400,000
Est. payment | /mo
14,000 SqFt
$ 1,400,000
Est. payment | /mo
14,000 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $100
MLS Listing ID 12781046
Year Built 1929
Annual Tax Amount $23,000
Tax Year 2025
Lot Dimensions 125 X 43
Property Sub-Type Multi Family 5+
Property Description
Excellent Investment Opportunity - 13-Unit Apartment Building! Well-maintained, 12-unit brick apartment building situated on a desirable corner lot. This property features 1 two-bedroom apartments and 3 one-bedroom apartments, with hardwood floors throughout. Additional highlights include three spacious, clean basement areas, replacement windows, updated porches, and emergency lighting. The building is tenant-occupied, providing an opportunity for immediate rental income. Significant upside potential! Current rents are below area market rates, offering an opportunity to increase rental income over time. An excellent opportunity for investors seeking a multifamily property with income growth potential or possible condominium conversion.
Location
State IL
County Cook
Area Chi - Auburn Gresham
Zoning MULTI
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Structure Type Brick
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Listed by Tammy Jackson of KM Realty Group, LLC