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$224,900
Est. payment /mo
5 Beds
4 Baths
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12539686
Bedrooms 5
Year Built 1910
Annual Tax Amount $2,532
Tax Year 2023
Lot Size 3,484 Sqft
Lot Dimensions 25x125
Property Sub-Type Two to Four Units
Property Description
Rarely available 4-unit multifamily investment opportunity with potential for a 5th (garden/basement) unit. Property has been gutted to the studs and is nearing completion, offering a strong value-add opportunity. Completed work in all four units includes new framing, insulation, drywall, electrical rough-in, HVAC/AC rough-in and installation, plumbing rough-in, tubs, toilets, and most bathroom tilework, along with a new roof, new rear doors, partial tuckpointing, and back deck construction started. The **basement has been framed and roughed in** with electrical and plumbing to accommodate a **potential additional unit, laundry room, and additional storage**; buyer to verify zoning, permits, unit count, and completed work. Property also features a **2-car garage**. Sold strictly AS-IS. No survey. Cash or rehab loans only. There is some fire damage from the building next door but it was contained to the back deck. Many of the interior photos were taken prior to the fire when there was better lighting inside. The former owners removed most of the extra building materials prior to surrendering the property as a foreclosure.
Location
State IL
County Cook
Area Chi - Greater Grand Crossing
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition REO/Lender Owned
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Listed by Jerry Cox of Vylla Home