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Listed by Erick Matosof Realty of America, LLC
$ 1,200,000
Est. payment | /mo
$ 1,200,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12620688
Year Built 1923
Annual Tax Amount $17,888
Tax Year 2024
Lot Dimensions 7440
Property Sub-Type Multi Family 5+
Property Description
BELMONT CRAGIN VALUE ADD OPPORTUNITY! Solid yellow brick 6 unit building situated on a quiet residential block at 2946 N Keating. This high yield investment features a versatile unit mix: (4) Massive 2BR/1BA units boasting formal dining rooms, spacious kitchens, living rooms, private porches, and bright sunrooms (perfect for home offices); plus (2) efficient 1BR/1BA units. INVESTOR ADVANTAGES: Tenants pay their own electricity and cooking gas. Massive parking capacity with a 2 car garage plus tandem exterior space for up to 6 additional vehicles rare for the area and a huge potential revenue stream. Located in a high demand rental pocket with strong median rents. Building is sold As-Is/Where-Is with no seller representations. Bring your contractor and unlock the significant equity potential in this classic Chicago gem! Prime location near transit, shopping, and parks. Don't miss out!
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Storage Space
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick
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