2407 S Spaulding Avenue,Chicago, IL 60623
Chicago, IL 60623
Description
Great investment opportunity for a multifamily 5-unit brick building located in the heart of the vibrant Little Village neighborhood. This 5-unit property features a 3-flat brick building with a full unfinished attic in front with an exterior frame rear porch that allows for additional porch space plus a rear brick 2-unit coach house. Also, a separate 2 car frame detached garage all on the same lot. This fully fenced property offers a significant potential for rental increases with long term tenants. Each unit is equipped with its own furnace heating system, water heater, and separate utilities providing tenants with control over their utilities and reducing owner expenses, offering an attractive return on investment. A high-performing asset with both immediate cash flow and long-term value appreciation! Conveniently located close to the thriving 26th street corridor that offers attractive shopping, restaurants, grocery, financial institutions, schools, houses of worship and much more! Close to Ogden CTA Train, bus lines, I-290 & I-55 Expressways. Units 1F & 2F are vacant and available for showings. Estate Sale - Sold "AS-IS".
Details
| MLS# | 12294860 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1908 |
| Days On Site | 63 |
| Listing Provided By | Illinois Real Estate Partners Inc | Juan Chaidez |
Features
| Story(s) | 3 |
|---|---|
| Units | 5 |
| Acreage | 3125.00 |
Market Activity 60623
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60623 |
| Area | CHI South Lawndale |
| Listing VS Median (in 60623) | |
Price: $664,900 low | high Med: $134,950 On site: 63 low | high Med: 183.000000 | |