$ 415,000
6828 S Normal BLVD Chicago, IL 60621
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$ 415,000
Est. payment /mo
Price Dropped by $5K
6828 S Normal BLVD Chicago, IL 60621
13 Beds
UPDATED:
10/09/2024 05:07 AM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12135454
Bedrooms 13
Year Built 1908
Annual Tax Amount $2,082
Tax Year 2022
Lot Dimensions 25 X 125
Property Description
Excellent turnkey investment property opportunity! This spacious rare find consists of three units and is located on a quiet block across the street from a STEM school. The property underwent a complete renovation in 2022 and currently generates $48,000 in annual revenue. In 2022, a new roof was installed, along with three new water heaters. The property also features three furnaces, ranging in years from 2020 to 2022, as well as three new central air units. Additionally, the back porch was replaced in 2022. Two of the units are extra-large, with five bedrooms and two bathrooms each, while the third unit is a garden unit with three bedrooms and one bathroom. The property boasts hardwood floors, modern paint throughout, and updated kitchens and bathrooms. It also has high ceilings throughout. Long-term tenants occupy Two apartments on the 1st and 2nd floors. Please do not disturb the tenants. Both tenants are month-to-month. Garden Unit Tenet is moving on 10/31/2024. All tenants are willing to continue renting and consistently pay their rent on time but also are willing to move if needed. This is a lucrative investment that will quickly recoup its costs. The building is being sold "AS IS." No known violations.
Location
State IL
County Cook
Area Chi - Englewood
Rooms
Basement Full
Interior
Heating Forced Air
Fireplace N
Exterior
Waterfront false
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Marcus Toussaint • Kale Realty