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$ 255,000
Est. payment | /mo
4 Beds
3,049 Sqft Lot
$ 255,000
Est. payment | /mo
4 Beds
3,049 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12127756
Bedrooms 4
Year Built 1890
Annual Tax Amount $1,164
Tax Year 2023
Lot Size 3,049 Sqft
Lot Dimensions 3125 SQF
Property Description
Welcome to your next investment opportunity in the community of Grand Crossing! This multi-family 2-unit property has been thoughtfully updated to reflect today's most sought-after home designs and decorating trends. The first-floor unit is a standout feature, duplexed down to include full access to a partially finished basement. Imagine the possibilities of attracting tenants looking for extra room for a home office, gym or entertainment area. This "add value area" provides enhanced living space and also creates the potential for higher rental income, making it an attractive option for both buyers and investors. Each unit delivers two comfortable bedrooms and one modern bathroom, completely redesigned kitchens with entire appliance package, making these units truly move-in and rental ready. Both units have separate heating and electrical systems, meaning tenants are responsible for their own utilities-an added benefit for landlords looking to simplify management and minimize expenses. The detached 2-car garage will also provide additional income potential, as well as private parking options for tenants. The property is perfectly poised to generate income immediately-just add tenants! Whether you're looking to expand your investment portfolio or find a new home with rental income potential, this property checks all the boxes. Don't miss out on this incredible opportunity, schedule your viewing today and envision the possibilities!
Location
State IL
County Cook
Area Chi - Greater Grand Crossing
Zoning MULTI
Rooms
Basement Full, Walkout
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Detached
Garage Spaces 2.0
Waterfront false
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Lori Spruiell • Baird & Warner