$282,000
$270,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
3 Baths
SOLD DATE : 06/14/2024
Key Details
Sold Price $282,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12021295
Sold Date 06/14/24
Bedrooms 7
Year Built 1914
Annual Tax Amount $3,496
Tax Year 2022
Lot Dimensions 25X123
Property Description
Wow! Jumbo, extra wide, 2 flat on historic King Drive. Seller will 3% closing credit! Inquire about a mortgage program with a discounted interest rate. 1st floor is rented for $1582.00 and the 2nd floor is VACANT and move in ready. The 1st floor is a HUGE DUPLEX DOWN with 4 bedrooms and 2 full bathrooms. The 2nd floor has been recently rehabbed! It has 3 very large bedrooms and 1 full bathroom - new flooring, freshly painted, 6 new windows, newer high efficiency furnace, newer appliances, bright and sunny - vacant and move in ready! The units have separate utilities, the 1st and 2nd floor have central air and heat with their own furnaces. There are also three water tanks (two are newer - 5 and 7 years old; one is 18 years old). The roof is 10 years old (silver coated); tuck pointing was done and new sump pump with a battery backup was installed 12 years ago. 1st floor unit is rented MTM for $1582.00, but could likely get more. Solid back porch and stairs that lead to a huge back yard - plenty of space to park cars and option to build a garage to increase rents. Very well maintained building with responsible landlord who took great care of the building. Come see for yourself!
Location
State IL
County Cook
Area Chi - Greater Grand Crossing
Rooms
Basement Full, Walkout
Interior
Heating Forced Air, Sep Heating Systems - 2+
Equipment CO Detectors, Sump Pump, Water Heater-Gas
Fireplace N
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Park Manor Elementary School
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Dontes Gartley • Blue Door Dave Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "