9651 S Avenue N Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60617
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12324668
Bedrooms 10
Year Built 1903
Annual Tax Amount $1,544
Tax Year 2023
Lot Dimensions 35X125
Property Sub-Type Two to Four Units
Property Description
Investment Opportunity in Chicago's East Side Neighborhood - 4-Unit Property with Potential. Attention investors and house hackers! This spacious 4-unit property in the up-and-coming East Side neighborhood of Chicago offers incredible potential for those looking to add value and secure a steady stream of rental income. Whether you're an experienced investor or a first-time buyer looking to house hack, this property is a cash cow waiting to be unlocked. 4 Spacious Units: Each unit offers generous space with a solid layout, ready for your vision to restore and modernize. While the units do need some TLC, they are full of potential and present an ideal opportunity to renovate and maximize their value. Investor's Dream: With the right updates, this property can quickly become a high-performing income producer. The large units offer ample square footage, and with rents on the rise in the East Side, this is the perfect time to capitalize on the growing demand for rental properties. Great Location: The East Side neighborhood is rapidly improving, offering an ideal location for tenants. With proximity to public transportation, shopping, dining, and major highways, tenants will enjoy easy access to all the amenities Chicago has to offer. This area is perfect for investors looking to tap into an evolving market. Cash Flow Potential: With four units, this property is a cash flow powerhouse in the making. Whether you decide to rent all units or live in one and rent the others (house hacking), this property offers the opportunity for significant returns on investment. Room for Renovation: The property is ready for your personal touch. Renovate the units and increase rents or make improvements to attract long-term tenants. The investment potential is enormous with a little sweat equity! Parking and Yard Space: The property also features a shared yard space for tenants and off-street parking, adding to its appeal and convenience. This property is the perfect opportunity for investors looking to take advantage of the East Side neighborhood's growth and the potential for strong returns. With a bit of work and vision, this 4-unit property can become a highly profitable asset. Don't miss out-schedule a showing today and start building your real estate portfolio!
Location
State IL
County Cook
Area Chi - East Side
Rooms
Basement Unfinished,Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Vinyl Siding
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None