$215,000
$214,900
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5 Beds
4 Baths
3,920 Sqft Lot
SOLD DATE : 03/08/2024
Key Details
Sold Price $215,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11951646
Sold Date 03/08/24
Bedrooms 5
Year Built 1954
Annual Tax Amount $2,792
Tax Year 2022
Lot Size 3,920 Sqft
Lot Dimensions 4250SF
Property Sub-Type Two to Four Units
Property Description
A truly unique yellow brick 2 unit plus ADU building in red-hot Auburn Gresham. Less than a block to both Foster Park and Cook Elementary. Owner lives on first floor 4BR/1.5BA unit. 20+ year tenant is on a MTM and lives in the 1BR/1BA unit. ADU unit is vacant. Full basement is bone dry. Fenced back yard with 2 car garage and side parking apron. Roof ,back porch/balcony, HWH approx 6 years old. City of Chicago just replaced water line from the street. Property is priced according to condition. Live in 4BR unit and rent out the other two, or rent all 3 out and anticipate $32,000+ in yearly rents. At current list price, add $50K in remodeling updates and enjoy a SPECTACULAR 9% +ROI cash on cash. Similar updated buildings have recently sold in the mid $300's. No offers sight unseen. No "And/Or Assigns" offers to be considered by Owner. Sold AS_IS.
Location
State IL
County Cook
Area Chi - Auburn Gresham
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas, Radiant
Fireplace N
Exterior
Exterior Feature Balcony
Parking Features Detached
Garage Spaces 2.0
Roof Type Asphalt
Building
Lot Description Fenced Yard
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Cook Elementary School
Middle Schools Cook Elementary School
High Schools Hirsch Metropolitan High School
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition Third Party Approval
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Bought with Simone Jones • Real People Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "