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Listed by Haobo Songof Concentric Realty Inc.
$ 1,049,000
Est. payment | /mo
3,804 SqFt
$ 1,049,000
Est. payment | /mo
3,804 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Pending
Purchase Type For Sale
Square Footage 3,804 sqft
Price per Sqft $275
MLS Listing ID 12562704
Year Built 1888
Annual Tax Amount $19,056
Tax Year 2024
Lot Dimensions 100x132
Property Sub-Type Multi Family 5+
Property Description
Stunning Victorian landmark gut-rehabbed into a modern 5-unit income-producing property in the heart of historic Riverside, walking distance to downtown and the Metra station. Turnkey investment with five fully occupied units generating immediate cash flow. Fully updated electrical and plumbing systems to current code, central air in each unit, and new energy-efficient windows throughout. Interiors feature modern kitchens and baths with stainless steel appliances, quartz countertops, luxury vinyl plank flooring, and high ceilings. Amenities include a 2-car garage plus multiple rear parking spaces, dedicated parking and large storage room for each unit, and on-site commercial laundry in the basement. Rare high cap rate in a prime location. Landmark property - exterior changes subject to Riverside Preservation Committee approval. Zoning: R-3 Multi-Family Residential. Property sold AS-IS. Seller is a licensed real estate agent.
Location
State IL
County Cook
Zoning MULTI
Interior
Fireplace N
Exterior
View Y/N true
Building
Foundation Stone
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