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$ 575,000
Est. payment | /mo
8 Beds
$ 575,000
Est. payment | /mo
8 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12177762
Bedrooms 8
Year Built 1890
Annual Tax Amount $6,514
Tax Year 2023
Lot Dimensions 50 X 125
Property Description
Welcome to McKinley Park, where a golden opportunity awaits! This double lot in the sought-after McKinley Park area is an absolute dream for investors seeking a lucrative venture. Currently, on a double lot with an RT-4 zoning, this 4-unit property generates a monthly rental income of 3,200 dollars. This is a low-risk opportunity for investors with the potential to increase rents with minor updates to the property. Positioned within the esteemed McKinley Park area, this property and land hold tremendous potential.
Location
State IL
County Cook
Area Chi - Mckinley Park
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Detached
Garage Spaces 2.0
Waterfront false
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Joe Castillo • RE/MAX MI CASA
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "