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$499,000
Est. payment /mo
4,542 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 4,542 sqft
Price per Sqft $109
MLS Listing ID 12377894
Maintenance Fees $1,000
Year Built 1976
Annual Tax Amount $4,869
Tax Year 2023
Lot Dimensions 67X125
Property Sub-Type Multi Family 5+
Property Description
Rare Find - Investor Opportunity in North Lawndale! This is the one you've been waiting for - perfect opportunity for both the seasoned investors and first-timers looking to build long-term wealth. Situated on an extra-wide 62 ft lot in vibrant North Lawndale (IYKYK), this property offers both stability and strong potential for future appreciation. Currently featuring long-term tenants - some for up to 40 years - all on month-to-month leases, this property provides immediate income with the flexibility to increase rents over time. Add to that five to six exterior parking spaces for an additional revenue stream. With some sweat equity, this diamond in the rough could shine brightly in your portfolio.Don't miss your chance to turn this income-generating asset into a long-term winner. Estate sale - property being sold As-Is.
Location
State IL
County Cook
Area Chi - North Lawndale
Rooms
Basement Unfinished
Interior
Cooling None
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 2
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Listed by Patricia McGowan • Baird & Warner