Turnkey cash flowing 3 flat with solid rents and low expenses! The top floor unit has been fully renovated with all new flooring, cabinets, granite countertops, stainless steel appliances, dishwasher, washer/dryer, and more. This reno has proved a huge upside (38% increase in rent over lowest current rent) and will allow a new owner to add value and increase rents for the remaining two units. Units are individually metered & heated with tenants paying their own gas (heat and cooking) & electric to keep expenses very low. All new siding and new rear porches were also recently installed. Building is professionally managed by Landmark Property Management. Cash or Conventional Offers considered, No FHA.
MLS# | 12112017 |
---|---|
Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1882 |
Days On Site | 86 |
Listing Provided By | Landmark Property Management, Inc. | Jason Marcordes |
Bed(s) | 9 |
---|---|
Bath(s) | 3 |
Acreage | 3250.00 |
State | IL |
---|---|
County | Cook |
City | Chicago |
Zip Code | 60617 |
Area | CHI South Chicago |
School District | 299 |
Elementary School | 299 |
Middle School | 299 |
High School | 299 |
Listing VS Median (in 60617) | |
Price: $279,000 low | high Med: $205,000 On Site: 86 low | high Med: 419.000000 |