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$1,189,000
Est. payment /mo
12 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12294432
Bedrooms 12
Annual Tax Amount $23,490
Tax Year 2023
Lot Dimensions 125X25
Property Sub-Type Two to Four Units
Property Description
Prime Investment Opportunity - Legal 4-Unit with Strong Upside Potential! Investors and owner-occupants, take notice! This legal 4-unit property with a 6/3/2 unit mix offers significant value-add potential with below-market rents and ample opportunity to enhance the units for maximum rental income. The front building features three spacious units, each with 3 bedrooms, 2 baths, central air, and heat, while the rare 2-level, 3 bedroom, 2 bath coach house provides additional income or an ideal owner-occupied living space. With tenants covering their own utilities and on-site coin laundry for extra revenue, this property presents an investment opportunity with strong cash flow potential. Located just steps from Humboldt Park, this is a prime opportunity to renovate, reposition, and maximize returns. For owner-occupants, live in the coach house, enjoy a single-family home feel, and let rental income offset your mortgage. Seize this opportunity to invest in a high-demand rental market with strong value-add potential and room for growth!
Location
State IL
County Cook
Community Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Lourdes Hernandez • Coldwell Banker Realty