REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Bruce Hellerof Coldwell Banker Realty
$ 595,000
Est. payment /mo
New
Address not disclosed Chicago, IL 60624
4,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $141
MLS Listing ID 12512155
Year Built 1915
Annual Tax Amount $2,751
Tax Year 2023
Lot Dimensions 88 x 50.2
Property Sub-Type Multi Family 5+
Property Description
Outstanding investment opportunity! This 6-unit apartment building features 2 three-bedroom/1 bath units and 4 two-bedroom/1 bath units, all well-maintained and fully leased. Each apartment is equipped with its own furnace, central (rooftop) A/C, and hot water tank - tenants are responsible for their own utility costs - making this a low-expense, high-yield property. Tenants pay for their own internet and cable. Highlights: Consistent occupancy: Several tenants in place 5+ years, with only one turnover in the past year. All units include carpeted bedrooms and owner-supplied stoves and refrigerators. Roof: Modified bitumen (torch-down) roof, 4 years old, under warranty. Exterior: One porch replaced 3 years ago. Lower level: Flexible common area with shower and fireplace, perfect for a lounge, gym, or additional tenant amenity. Located: Across from Tilton Grade School and only 1.5 blocks from the Pulaski Green Line EL stop, offering easy commuter access and family-friendly surroundings. Investment Advantages: The property lies within both an Illinois Empowerment Zone and a Federal Enterprise Zone, providing potential tax exemptions on building materials and equipment, utility cost exemptions, and investment tax credits - all enhancing your return on investment. All together this is a stable, income-generating property in a desirable, transit-accessible location - easy to manage and ready to perform from day one! The sale will be "AS IS"
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Partially Finished, Bath/Stubbed, Roughed-In Fireplace
Interior
Cooling Central Individual
Fireplaces Number 1
Fireplace Y
Exterior
Utilities Available Water Available
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick,Concrete,Stone
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.