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$ 749,000
Est. payment | /mo
5,900 SqFt
$ 749,000
Est. payment | /mo
5,900 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 5,900 sqft
Price per Sqft $126
MLS Listing ID 12524907
Maintenance Fees $3,600
Year Built 1906
Annual Tax Amount $4,271
Tax Year 2023
Lot Size 0.780 Acres
Lot Dimensions 27 X 135
Property Sub-Type Multi Family 5+
Property Description
Exceptionally Maintained and Upgraded 6-Unit Multi-Family Investment Property in Homan Square Discover a turnkey investment opportunity in the heart of Homan Square. This well-maintained 6-unit building has been extensively updated to provide long-term stability, reduced maintenance costs, and strong income potential. Major improvements were completed in 2020, including a new roof and porch, along with upgraded plumbing, HVAC systems, and electricals throughout the building. Additional recent upgrades include a newly installed concrete parking pad in the rear, a modern glass front entry door for enhanced security, and fresh tuckpointing completed this year. Each apartment has been refreshed with new paint and beautifully refinished hardwood floors. Bathrooms and appliances were upgraded this year, and two new water heaters have been added for improved efficiency. The roof has also been professionally resealed. Residents are responsible for their own electric and gas, keeping operating expenses low for the owner. Whether you're an experienced investor or entering the multi-family market for the first time, this property offers outstanding income potential and long-term value
Location
State IL
County Cook
Area Chi - North Lawndale
Zoning MULTI
Rooms
Basement Unfinished
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Utilities Available Sewer Connected
Roof Type Reflective Coating
Building
Dwelling Type Multi Family 5+
Water Municipal Water
Structure Type Brick,Wood,Block
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Listed by Christian Griffin of Real Broker LLC
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