$387,000
$399,900
3.2%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
3 Baths
SOLD DATE : 05/06/2022
Key Details
Sold Price $387,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11280641
Sold Date 05/06/22
Bedrooms 9
Year Built 2006
Annual Tax Amount $2,245
Tax Year 2020
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
PERFECT WAY TO START THE YEAR, INSTANT RENTAL INCOME!!!***Attention...Investors Looking For Instant ROI...Look No Further!!!If You Want To Score - Airbnb (average $300-$500 per night for area) It!!! There's Unbelievable Income Potential!!!Also, YOU Can LIVE IN IT FOR FREE WHILE TENANTS TAKE CARE OF EXPENSES in remaining units -1ST & 2ND FLOOR UNITS ARE VACANT! You Decide Which Option Works Best for You. It's Turn key Ready To Meet Your Goals!!! This Like New (less then 20 yrs old)-Partially Leased Southshore Building Has Finishes That Don't Disappoint & It's a couple of minutes from the beach - Lake Michigan!!! You won't have to worry about common things (plumbing, electrical, roof-replaced in 2021***, etc.) that wear out with those so called "totally rehabbed" - 100 year old buildings. This GIGANTIC - BRICK 3 UNIT Building has 3 BEDROOMS in each unit, 1 BATH AND - An IN UNIT LAUNDRY HOOK UP for occupant's convenience. All Kitchens have STAINLESS STEEL APPLIANCES (REFRIGERATOR, OVEN/RANGE STOVE AND MICROWAVE). These luxury units also have individually controlled Central Air (HVAC systems). There's a combination of Hardwood & ceramic flooring, with some bedrooms that have carpeting for those that prefer. The Third FLOOR unit has INCREDIBLE SPACE WITH CATHREDAL CEILINGS, with a PRIVATE ENTRANCE from the main hallway that gives a duplex/penthouse feel. All units have individual Rear Deck Areas perfect for responsible entertaining considering the back porch system is STEEL. This is a GREAT INVESTMENT FOR RENTAL INCOME (market could yield more then currently receiving based on current rents), Airbnb OR A CONDO CONVERSION! LOW TAXES! ***IN THIS LOW INVENTORY, HIGH DEMAND MARKET THIS WON'T LAST. HURRY FOR YOUR CHANCE TO OWN THIS, Schedule your showing NOW!!!
Location
State IL
County Cook
Area Chi - South Chicago
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Equipment Intercom, CO Detectors, Ceiling Fan(s)
Fireplace N
Exterior
Exterior Feature Balcony, Patio, Porch
Community Features Lake, Sidewalks, Street Lights, Street Paved
Roof Type Flat
Building
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Davidson Zigah • Greensafe Real Estate & Consult
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "