$407,000
$455,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
6,098 Sqft Lot
SOLD DATE : 01/07/2025
Key Details
Sold Price $407,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12030677
Sold Date 01/07/25
Maintenance Fees $6,260
Year Built 1922
Annual Tax Amount $5,753
Tax Year 2022
Lot Size 6,098 Sqft
Lot Dimensions 51X125
Property Description
This income-producing property in Washington Heights is a dream come true for investors seeking a stable and profitable addition to their portfolio! This beautifully maintained 6-unit building boasts spacious 2-bedroom, 1-bathroom apartments, each featuring a formal dining room and an enclosed back porch. Enjoy peace of mind with a recently updated Rubberized Aluminum coated roof (under 10 years old!) and completely updated electrical systems throughout the building. Five out of six units are currently occupied by reliable tenants who have called this building home for over 4 years. The current rents are well below market value. A detached 4-car garage provides additional income potential or extra storage space for your tenants. Additionally, the common space is well-maintained and inviting, creating a positive first impression for potential renters. Check it out today.
Location
State IL
County Cook
Area Chi - Washington Heights
Zoning MULTI
Interior
Cooling None
Fireplace N
Exterior
Roof Type Rubber
Building
Level or Stories 3
Structure Type Brick
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Thomas LeNoir • Baird & Warner
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "