Chicago Investment Opportunity: 2 Flat with $2,900 in active rent! 🌆

Cook County, Chicago, IL, 60623
Sold
Listed at: January 15th, 2024
Price
$182,000
ARV
$280,000
Gross Margin
$98,000
Sq. Footage
1512
Type
Multifamily
Parking
Street
Year build
1906
Lot size
0.07 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

Seeking a savvy investment in the heart of Chicago? Look no further! Presenting a wonderful opportunity to own a 2-flat building at S Pulaski Rd, Chicago, IL 60623. Priced at $182,000 with an After Repair Value (ARV) of approximately $280,000, this property offers solid return potential. 💵

Key Features:

  • Size & Layout: Generous 1,512 sqft, each unit featuring 4 bedrooms and 2 bathrooms.
  • Historical Charm: Built in 1906, blending classic architecture with modern conveniences.
  • Income Generating: 3 tenants on month-to-month leases, total income of $2,900/mo.
  • Tenant Convenience: Each unit has private access (front and back).
  • Utilities: Tenants pay their own utilities.
  • Maintenance Updates: On a slab foundation, 7-year-old roof, window units for air conditioning.
  • Water and Energy: Single water meter for the building.

Additional Information:

  • Photos: Google Drive photos coming soon.
  • Viewing Schedule: Walkthrough set for Jan 19th at 5:30 PM CST. Please confirm attendance. 📅
  • Closing Details: Closing on or before 02.28.2024.

Interested? Contact Cameron Enck at TruOffer via cameron@truoffer.co or (708) 991-5629 for more details or to schedule a visit. Don't miss this chance to invest in a property with great potential!

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Cameron Enck

★★★★★
★★★★★
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