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Listed by Lluviccia Gomezof Realty of America, LLC
$ 399,999
Est. payment | /mo
8 Beds
$ 399,999
Est. payment | /mo
8 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12564543
Style Greystone
Bedrooms 8
Year Built 1900
Annual Tax Amount $5,242
Tax Year 2024
Lot Dimensions 3,656 SQUARE FOOTAGE
Property Sub-Type Two to Four Units
Property Description
Great investment opportunity in North Lawndale!!!! This duplex offers strong income potential, along with an assumable 2.75percent FHA loan - subject to lender approval and the owner occupancy requirements. Ideal for buyers looking to maximize cash flow while securing a low interest rate. Perfect for buyers looking to help reduce their mortgage while generating rental income or investors seeking steady cash flow. Each unit offers four bedrooms and one bathroom, providing strong rental appeal. Both units are currently occupied, with one unit featuring long-term tenants and the other recently renovated and newly leased through April 2027 delivering immediate and stable income Recent improvements include a new roof 2024 and new HVAC system for one unit the property also includes an unfinished basement offering additional value add potential
Location
State IL
County Cook
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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676 N Michigan Ave. Ste 3010, Chicago, IL, 60611, United States