21 bedroom house for sale
Chicago IL 60624
- Property Type
- House
- Price
- $675,000
- Beds
- 21
- Baths
- 7.5
Overview
Additionally, 2 units benefit from laundry hookup facilities and unit 3 has in-unit laundrySHORT SALE!!! This property presents an enticing investment prospect, located in the thriving neighborhood of East Garfield Park. It boasts a semi-renovated 3-unit building, formerly a condo, plus coach house offering excellent cash flow potential with promising rental upside. The main building comprises three generously sized units alongside a duplex coach house featuring 3 bedrooms and 1.5 bathrooms. Noteworthy features include copper plumbing, updated electrical systems, individual gas-forced heat, and separate hot water tanks, ensuring efficient and manageable utilities. Additionally, 2 units benefit from laundry hookup facilities and unit 3 has in-unit laundry. The property's strategic location, coupled with its spacious layouts and desirable amenities, positions it as a prime income-generating asset. With a few tweaks and additions, this turnkey investment opportunity is primed for substantial returns. Unit 2 is rented for a 2 year lease for $1700, Unit 3 is rented MTM for $1922, and the Coach house rental is MTM at $1, 200. Overall, this property presents a compelling investment proposition, underscored by its robust cash flow potential and favorable market conditions. Some cosmetic updates could push these large 6 bedroom units into a larger rental upside.
Details
- Beds: 21
- Baths: 7.5
- Price: $675,000
- Reference No.: 73446111
Location
Chicago IL 60624
21 bedroom house for saleRelated Properties
Disclaimer
2024-06-29, Viewed 0 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-06-29, Viewed 0 times.
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