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Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $2,474
Days Active 0
Lot Size 
Approx. Age 1913
MLS® Number 12394131

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Prime investment or owner occupant opportunity in the thriving Woodlawn neighborhood! Well-maintained, multi-unit building (2-Units) already a reliable income-generating property with tenants in place who are eager to remain. Separate utilities (gas and forced air), wrought iron fence, decorative fireplaces. The building offers excellent cash flow potential, making it an attractive option for savvy investors looking to secure a stable, long-term asset. Recent updates include a newer roof (2020), new private back porch/deck (2021), updated windows on the 1st floor (2019), and a new restroom on the 1st floor (2019). The first-floor unit features a desirable duplex-down layout offering ample living space and an additional level of privacy, making it a standout feature for tenants. Also, there is a detached 2-car garage that may offer convenient and secure parking. This property offers strong rental income potential and the ability to increase rents as the area continues to appreciate. The Woodlawn neighborhood is experiencing rapid growth and revitalization, thanks to ongoing development projects and investments that are enhancing the area's appeal. With its proximity to the University of Chicago, Jackson Park, Midway Plaisance, and the soon-to-be-completed Obama Presidential Center, Woodlawn has become the talk of the town and one of Chicago's hottest neighborhoods for both residents and investors. Secure your place in the future of Woodlawn! Community Growth-High Rental Demand-Appreciating Property Values-Presidential Center-Educational & Recreational Opportunities makes this a promising investment. Property is being sold "AS IS". Please do not disrupt tenants, contact the listing agent for information or to schedule your showing.Show Description
MLS® Number12394131
Laundry Level
Central VacNo
FireplaceNo
Acreage0.07
Exterior
GarageYes
Approx. Age1913
BasementNone
DrivewayOn Site, Detached, Garage
Garage Spaces
HeatElectric
A/C
Heating Fuel

Extras

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