$560,000

START BUILDING EQUITY ON THIS GREAT INVESTMENT PROPERTY IN THIS 3 FLAT ON A DOUBLE LOT. 2 THREE BEDROOM UNITS AND 1 TWO BEDROOM UNIT. BRAND NEW 3RD FLOOR KITCHEN WITH ESPRESSO CABINETS, SS APPLIANCES, GRANITE AND HARDWOOD FLOORS! 2ND FLOOR IS BEING UPDATED CURRENTLY AS WELL AS FRESH PAINT IN STAIRCASE/HALLWAY ENTRANCE. THESE UPDATES WILL BRING IN THE CURRENT MARKET VALUE RENT OF $2200.00 A MONTH FOR EACH 3 BEDROOM, AND APPROX $1500.00 FOR THE 2 BEDROOM. 1ST AND 2ND FLOOR UNIT HAS LAUNDRY HOOK UP AND THIS FEATURE CAN BE ADDED TO 3RD FLOOR AS WELL. ADDITIONAL RENT CAN BE GENERATED FROM THE BRICK OVERSIZED 4 CAR GARAGE (OVERHEAD DOORS IN BACK) GARAGE RENTAL PRICES IN THE AREA PER GARAGE AND EXTERIOR SPACE IS $75-$100 PER SPACE. CLOSE TO BLUE LINE AND EXPRESSWAY. APPROX 10 MINUTES TO THE LOOP. THIS UNIT HAS ALWAYS BEEN FULLY RENTED THROUGHOUT THE YEARS, WITH 2 OF THE UNITS CURRENTLY VACANT FOR RENOVATING. 1ST FLOOR UNIT IS MONTH TO MONTH. 2ND AND 3RD LEVEL UNITS HAVE 3 BEDROOMS, LARGE KITCHENS, DINING AND LIVING ROOM AND ONE BATH. 1ST LEVEL UNIT HAS 2 BEDROOMS /1 BATH, KITCHEN AND LIVING ROOM. LARGE YARD AREA. THE LOCATION CAN'T BE BEAT WITH ITS PROXIMITY TO DOWNTOWN FOREST PARK WITH SHOPPING AND RESTAURANTS. TRANSPORTATION, SCHOOLS, PARKS, FOREST PARK RECREATION PARK AND POOL , GROCERY STORES, WALMART, ARE WITHIN FEW BLOCKS OF THE PROPERTY. ALSO CLOSE TO OAK PARK HOSPITAL.

Click here to take a virtual tour

Amenities

• Bedrooms: 8
• Property Type: Multi Family
• Architectural Style: Other
• MLS: 11961346
• Web ID: 25JGF5
• Status: Pending

Area Detailed Information