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$949,999
Est. payment /mo
12 Beds
8 Baths
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 12496655
Bedrooms 12
Year Built 1929
Annual Tax Amount $10,760
Tax Year 2023
Lot Dimensions 33x125
Property Sub-Type Two to Four Units
Property Description
New Investment Opportunity in Arcadia Terrace! Introducing a well-maintained 4-unit building offering tremendous upside potential. Each spacious unit features 3 bedrooms, 2 full baths, a large dining room, and a comfortable family room-ideal for today's renters seeking extra living space. Recent updates include a newer roof, gutters, siding, electric panels, deck, and deck windows, ensuring peace of mind for the next owner. The property also offers a 3-car garage and a well-kept exterior that enhances curb appeal. All tenants are month-to-month, providing flexibility for rent adjustments or future repositioning. Current rents are well below market, presenting a great value-add opportunity in one of Chicago's desirable neighborhoods. Don't miss this solid investment with strong long-term potential in Arcadia Terrace! Owner does not know the legality of the basement unit. Selling AS-IS
Location
State IL
County Cook
Area Chi - West Ridge
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 3.0
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding,Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Vinyl Siding,Brick
New Construction false
Schools
High Schools Mather High School
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Laura Tibu of HomeSmart Connect LLC