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$825,000
Est. payment /mo
7,898 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 7,898 sqft
Price per Sqft $104
MLS Listing ID 12476877
Maintenance Fees $14,370
Year Built 1878
Annual Tax Amount $2,749
Tax Year 2023
Lot Dimensions 41.702156, -87.602985
Property Sub-Type Multi Family 5+
Property Description
Oversized Historic Multi-Unit in Pullman - Positive Cash Flow! Own a rare piece of history in Pullman! This oversized multi-unit corner property in Chicago, once home to the historic Pullman Porters, offers unmatched opportunity for investors or owner-occupants. The expansive 3rd-floor residence alone can function as two separate units, creating a total of six. Live in the spacious 3rd-floor unit and rent out the remaining apartments to cover your mortgage while enjoying positive cash flow from day one. Each oversized unit features generous living areas, eat-in kitchens, and two full baths. No two floor plans are alike, making each residence truly one-of-a-kind. Every unit is separately metered for heating, cooling, and electric, adding to the efficiency and tenant convenience. Highlights: -Strong cap rate with positive cash flow -No maintenance needed - in immaculate condition -Three gated outdoor parking spaces with electric remote entry Coin-operated laundry facilities in the basement for added income -Immaculately maintained by a dedicated owner -This property blends historic significance, modern amenities, and exceptional income potential. Don't miss your chance to own this extraordinary Pullman investment property!
Location
State IL
County Cook
Area Chi - West Pullman
Zoning MULTI
Rooms
Basement Unfinished, Storage Space
Interior
Cooling Central Air, Central Individual
Fireplace N
Exterior
Roof Type Reflective Coating,Rubber
Building
Dwelling Type Multi Family 5+
Structure Type Brick
Others
HOA Fee Include None
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Listed by Mekia Hearn of Serene Realty, Inc.