- Status Active
- Price $1,100,000
- Sq Ft Not provided
- Location South Shore
- Listed By
Gonzalo Del Rio 312.918.0380
gonzalo.delrio@dreamtown.com Christopher Sweitzer 847.828.3534
chris.sweitzer@dreamtown.com
Discover this stunning 13-unit multi-family property nestled in the vibrant South Shore neighborhood of Chicago. Near the future site of PsiQuantum's First US-Based Utility-Scale Quantum Computer in Chicago. Each of the thirteen units boasts two spacious bedrooms, a separate living room, a dedicated kitchen, and beautiful hardwood flooring throughout. With all units currently rented, this property offers immediate income for the savvy investor, or a wonderful value-add opportunity. Convenience is key! The property is within walking distance to the Windsor Park Metra Station and CTA buses, making public transportation a breeze. Enjoy the best of South Shore's recreational offerings with Rainbow Beach, the South Shore Cultural Center, and the picturesque Lakefront just a short stroll away. This property is not only a beautiful place to live but also a lucrative investment. With an effective gross income of $138,510.00 and a Net Operating Income of $97,153.99, it promises attractive investor returns and a great addition to a portfolio. The current owner has thoughtfully updated the units and installed individual furnaces across all units, allowing tenants to manage their own heating costs, further enhancing the property's appeal. Each unit has been meticulously updated to ensure modern comforts while retaining classic charm. The property is move-in ready, offering a seamless transition for new owners and tenants alike. Seize this fantastic opportunity to own a piece of South Shore's thriving real estate market. Schedule your visit today and envision the endless potential this property holds for your investment portfolio. For more information or to arrange a viewing, contact us now!
General Info
- Property Type Multi Family 5+
- Price $1,100,000
- Taxes $11,656
- Market Time 67 days
- Year Built 1922
- Square Feet Not provided
- Source MRED as distributed by MLS GRID
Features
- Zoning MULTI
- Tenant Pays Electricity, Other
- Parking Not provided
- Age Not provided
- Exterior Brick
Based on information submitted to the MLS GRID as of 12/18/2024 3:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
