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$ 849,000
Est. payment /mo
Active Under Contract
1824 W Hood AVE Chicago, IL 60660
7 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12300442
Bedrooms 7
Year Built 1916
Annual Tax Amount $8,017
Tax Year 2023
Lot Dimensions 40X100
Property Sub-Type Two to Four Units
Property Description
This property has been gut rehabbed and is ready for an owner-user or investor to take over! 1824 W Hood Ave sits on a 40x100ft lot and features all new copper plumbing, brand new electric, new water heaters, individual HVAC, in-unit washer/dryer, updated interior finishes and a brand new garden unit. It is a legal 2-unit, but the garden unit is extremely nice and would be a great place to live. Garden unit is a 2br/1ba, 1st floor is a 2br/1ba, & 2nd floor is a 3br/1ba. Additionally, the property features enough parking spaces for up to 8 cars - perfect for your tenants and definitely something that could be rented out to other people in the neighborhood for additional income. The property will be delivered vacant, but at rent estimates, this property will be operating at over a 7% cap rate. Gross rents at ~$80,000 once fully rented out and with utilities separate, expenses are low! OM available upon request. Come check it out!
Location
State IL
County Cook
Area Chi - West Ridge
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 130 , 130, 130
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by John Preston • Horvath & Tremblay IL, LLC