Additional details

$649,900
Est. payment /mo
14,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $46
MLS Listing ID 12707310
Maintenance Fees $7,500
Year Built 1926
Annual Tax Amount $9,992
Tax Year 2023
Lot Size 6,969 Sqft
Lot Dimensions 0.1584
Property Sub-Type Multi Family 5+
Property Description
Rarely available 9-unit brick apartment building situated on a prominent corner lot, offering excellent visibility and a compelling value-add investment opportunity. The property features a desirable unit mix of (6) 2-bedroom/1-bath units and (3) 1-bedroom/1-bath units, providing strong income-producing potential with significant upside through rental repositioning and operational improvements. An excellent opportunity for investors seeking to enhance cash flow and maximize long-term returns in a well-positioned multifamily asset. Property is being sold strictly as-is. No survey is available. Buyer will be responsible for assuming all code compliance requirements.
Location
State IL
County Cook
Area Chi - Austin
Zoning MULTI
Rooms
Basement Unfinished
Interior
Cooling Window Unit(s)
Fireplace N
Building
Dwelling Type Multi Family 5+
Structure Type Brick
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Listed by Anthony Disano of Parkvue Realty Corporation
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