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Key Details
Sold Price $237,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11889268
Sold Date 05/24/24
Bedrooms 6
Annual Tax Amount $7,140
Tax Year 2022
Lot Dimensions 25X168X24X1666
Property Description
Welcome to this exceptional mixed-use property that offers a unique opportunity to have your mortgage covered by tenants, making it a wise investment for both homeowners and investors alike. This versatile property includes two spacious three-bedroom apartments, ensuring a steady rental income to help offset your mortgage costs. Main Features: Two Updated Three-Bedroom Apartments: Each unit boasts generous living spaces and modern updates, ensuring a comfortable and attractive living environment for potential tenants, allowing you to command higher rental rates. Income-Generating Potential: With the ability to rent out both apartments, you can effortlessly cover your mortgage payments, making this property an ideal investment. Enjoy financial flexibility and security while residing on the property. Two-Car Garage Rental: The property includes a convenient two-car garage that can be rented separately, providing an additional source of income and increasing your overall revenue potential. Abundant Parking: The property offers ample parking for both tenants and their guests, ensuring convenience and ease of access for all residents. This mixed-use property is strategically designed to maximize potential revenue, making it an attractive investment opportunity. Don't miss out on the chance to let this property work for you, offering a comfortable living space with the added benefit of mortgage relief through rental income. Arrange a viewing today to explore the income-generating potential and unique features of this fantastic property.
Location
State IL
County Cook
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Detached
Garage Spaces 2.0
Waterfront false
View Y/N true
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 170, 170, 206
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Andretta Robinson • RE/MAX 10
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Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com