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Listed by Maksym Khabrenkoof Highmark Realty Group, LLC
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Est. payment | /mo
5 Beds
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Est. payment | /mo
5 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 12682481
Bedrooms 5
Year Built 1922
Annual Tax Amount $9,071
Tax Year 2024
Lot Dimensions 33.5 X 125
Property Sub-Type Two to Four Units
Property Description
Fully renovated 3-unit investment opportunity in Albany Park. Extensive 2021 renovation included new electrical service, plumbing, HVAC systems, kitchens, cabinetry, appliances, flooring and interior finishes. Building consists of two 2-bedroom units and one 1-bedroom unit, all currently occupied. Current rental income is $5,175/month with additional income from on-site laundry and future parking revenue potential. Low-maintenance asset with strong in-place cash flow and value-add upside. Conveniently located near public transportation, restaurants, shopping, parks, and major commuter routes. Excellent opportunity for investors seeking a stabilized multifamily property in a high-demand rental market. 2024 property taxes: $9,071.31. On-site laundry generates additional income, with further upside available through parking rentals.
Location
State IL
County Cook
Rooms
Basement Finished, Exterior Entry, Egress Window, Partial Exposure, Sleeping Area, Full, Daylight
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Roof Type Rubber
Building
Foundation Concrete Perimeter
Sewer Public Sewer, Storm Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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