$374,900
10 Bed, 0 Bath, Approx - Sq Ft
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Prime opportunity to own a large, brick, legal 3-flat in the rapidly changing Woodlawn community. Great for first-time buyers looking for a solid income property. Also a good pickup for seasoned investors. Building was gut rehabbed in 2008 with new mechanical systems - HVAC, plumbing and electrical. Brand new roof installed in June 2020 and masonry tuckpointing was also recently completed. Top two units (#2 and #3) each feature 1200 sq. ft., 3-bedrooms and 1-bathroom, separate dining rooms, hardwood floors, separate furnaces (forced air) and hot water tanks. Unit #1 is a duplex down featuring 4-bedrooms and 2-bathrooms. Coin-laundry available in basement. Current rents are below market. Gross potential rent is $3900 per month. Unit #3 is vacant and is move-in ready. Property is located steps away from Jewel-Osco, 1.5 blocks from the Green Line, and 1.5 blocks from Washington Park. Woodlawn continues to see increasing private investment, and the City of Chicago has numerous public projects planned for the next 5 years. The site of the future Barack Obama Presidential Center is located 1.3 miles away. Significant market demand for small multifamily properties in the area means this listing won't last long.
Status: CLSD
Partner Agent
Tom Brown
Phone: 312-502-8213
Email: tb@sparrowrealty.us
Assigned Schools:
| School | Low Grade | High Grade | SchoolSparrow Score | Fiske Elem School | PK | 8 | 1 | Hyde Park Academy High School | 9 | 12 | 1 |
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